Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the rural areas by 20 percent by 2020, thereby offering financial services to the nooks and crannies of Nigerian communities; providing access to underserved markets. The policy was sequel to a research conducted by…
Category: Business
Diamond Bank Maintains Stable Growth in H1 as Profit Surges 2.8%
In its H1 2017 financial results released on the floor of the Nigerian Stock Exchange (NSE) in Lagos, Diamond Bank Plc showcased strong growth in core financial parameters surpassing analysts’ projections for the period. The interim report and accounts for the Bank’s operations for the first six months of the business year obtained by our…
Watch Music Video Of Popular GTBank 737 Theme Song
The music video of the popular GTBank’s 737 theme song has been released and it is already catching the attention of many. Tagged ‘737 Moments’, the video is filled with colourful scenes, groovy beats and a melody that you won’t forget easily. It has all the staples of a hit. However, its purpose, though, is…
UBA Increases International Spend Limit on Naira Cards to $2000
An immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000 has been announced by pan-African financial institution, United Bank for Africa (UBA) Plc. The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per month…
Apapa Fire: Diamond Bank Assures Customers Quality Services, Safety
Customers of Diamond Bank Plc have been assured of continued quality services no matter the circumstances. This assurance was given by management of Diamond Bank Plc after a fire incident as a result of Mob action at its Creek Road, Apapa branch in Lagos State last Wednesday. In a press release made available to journalists,…
TSA Funds: We Have Remitted All NNPC/NLNG Dollar Deposits—UBA
United Bank for Africa, UBA, has denied hiding any money belonging to the Federal Government in its custody. In a statement issued by the bank on Friday, UBA said, “Our attention has been drawn to the order of the Federal High Court in Lagos directing that seven (7) commercial banks, including UBA Plc, temporarily remit…
Our Staff Not Involved In N150m Fraud—Heritage Bank
Heritage Bank has reacted to news reports on the internet that three of its employees were involved in the N150 million fraud case revealed to the media on Monday by the Special Fraud Unit, SFU, of the Nigeria Police Force. It was reported that three bankers were involved in hacking into the bank accounts of…
GTBank Gets Double Honours at Euromoney Awards
***Wins Nigeria’s Best Bank & Africa’s Best Bank for SMEs Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigeria’s Best Bank & Africa’s Best Bank for SMEs’ during the 2017 Euromoney Awards which held in London on Thursday, July 06, 2017 at…
Agusto & Co Upgrades Access Bank’s Rating To Aa-
In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profitability levels and solid capital position. Agusto & Co also recognised Access Bank as an institution…
Digital Banking Key To Financial Inclusion In Nigeria—Segun Agbaje
Managing Director and CEO of Guaranty Trust Bank (GTBank), one of the continent’s leading financial institutions, Segun Agbaje, has remarked that the country’s economy may be in a difficult period, but with digitalisation at the core of the national banking strategy, financial inclusion has been given room to grow. “There are so many people in…