Sterling Bank Plc, recently named “The Overall Best Place To Work (Large Corporates)” in Nigeria by the Great Place to Work (GPTW) Institute for 2020 and 2021, has emerged the most awarded financial institution on the awardees list at the recently held 2022 Chartered Institute of Bankers of Nigeria (CIBN) Fellowship Investiture. At the event,…
Category: Business
HabariPay Partners Google Hustle Academy to Deliver Digital Payment Training for MSMEs
In line with its mission to empower Africans with the payment solutions they need to thrive in a digital community, HabariPay has partnered with Google Hustle Academy to train targeted MSMEs on digital payment solutions. The Hustle Academy seeks to provide MSMEs across Kenya, Nigeria, Ghana, and South Africa with expert training on business strategy…
Squad Receives MasterCard’s Award for Accelerating Digital Acceptance in Africa
In recognition of its efforts to deepen digital payments acceptance for businesses on the continent, the fintech payment product of HabariPay, Squad, has received an award for “Accelerating Digital Acceptance in Africa” at the inaugural session of the MasterCard EDGE 2022. The event was held to recognize outstanding fintech companies and business leaders that are…
Stanbic IBTC Supports Digital Trade Payment Solution with First Outbound PAPSS Transaction
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria. PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with the objective of expanding pan-African trade and driving African Central Bank’s economic and financial integration…
Stanbic IBTC Bank Nigeria PMI®: Output Growth Quickens To Five-Month High
The end of the third quarter of 2022 saw growth gather momentum in the Nigerian private sector. Sharper rises in output and new orders were recorded, while there were emerging signs of capacity pressures. Cost inflation remained elevated, in large part due to currency weakness, while business confidence waned. The headline figure derived from the…
Sterling Positions for Expansion with New Structure
With the unanimous support received from her shareholders, Sterling Bank, soon to be known as Sterling Financial Holdings Company, is firmly positioned to expand her financial services footprint from traditional banking and deliver more value to her shareholders. According to the publicly available filings reviewed from the website of the Nigerian Exchange Limited (NGX), upon…
#EvaluatePR: Experts Set To Discuss The Synergy Between PR and Measurement
In a bid to fully evaluate and sustain communication and public relations best practices around the globe, as well as offer solutions to persistent problems in the PR industry, P+ Measurement Services, a leading media intelligence agency, will be hosting the 21st edition of #EvaluatePR, welcoming all communications and public relations stakeholders from around the…
Shareholders Unanimously Approve Holding Company Structure for Sterling
Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the shares of a newly incorporated subsidiary, The Alternative Bank Limited, which will operate as a Non-Interest Banking (NIB) business. At the end of…
Collaboration, Agriculture and Technological Innovation as tools to Reposition the Financial Services Industry in Nigeria for an Evolving Global Context
Mr. Farouk Gumel, Chairman, Board of Directors, Union Bank of Nigeria delivered the keynote address that formed part of the theme for the 15th Annual Banking and Finance Conference year’s conference tagged Repositioning the Financial Services Industry for an Evolving Global Context. The two-day event, hosted by the Chartered Institute of Bankers of Nigeria (CIBN),…
Heritage Bank Appoints Acting Managing Director and Executive Directors
Heritage Bank Plc has announced the appointment of Akinola George-Taylor as its acting Managing Director. Following the receipt of the approval of the Board of Directors of Heritage Bank and the Central Bank of Nigeria, the Bank is poised for its next phase of transformation. The new Ag. Managing Director will be overseeing all Heritage’s…