The Central Bank of Nigeria, CBN, has reacted to a report by an online media, Sahara Reporters, claiming Heritage Bank was in distress. A statement issued by the CBN spokesman, Isaac Okorafor, maintained that Heritage Bank is sound and resilient. The apex bank described the report as “false and malicious”, urging depositors and the general…
In the past, Black Friday wasn’t a big deal. It quietly came and walked away without any buzz. The Black Friday adrenalin was, however, pumped up to a palpable frenzy with the entry of online shopping. Now, almost every Nigerian looks forward to the last week of November to do their shopping. In fact, some…
In its effort to continuously ensure maximum as well as affordable wellness, to all Nigerians, a leading Nigerian Pharmaceuticals, Emzor Pharmaceuticals has introduced an innovative brand of analgesics called Emzor Para 1000 into the market. At a well attended event on Thursday in Lagos, the company said the drug is going to change the face…
One of the fastest growing financial institutions in Nigeria, Heritage Bank, held its first Annual General Meeting, AGM, in Lagos. The event had stakeholders of the bank in attendance and issues relating to the continuous growth of Heritage Bank were one of the things discussed at the gathering. It was gathered that shareholders of the…
Heritage Bank Plc indeed lived up to its slogan of being the ‘Timeless Wealth Partner’ to its investors and customers when recently it took them through a journey of all the transformation activities that have made the bank what it is since inception till date, ‘a single bigger and better financial institution’. And so, within…
At the largest annual gathering of African entrepreneurs, held in Lagos, the Tony Elumelu Foundation (TEF) hosted almost 1,000 women and men from 54 African countries, for the 2nd TEF Entrepreneurship Forum. The Forum celebrated the 2016 cohort of Elumelu Entrepreneurs, selected from over 45,000 applicants. It is the annual highlight of the Tony Elumelu…
***As Assets Surge to N2.05trn Diamond Bank on Friday released its Q3 2016 performance scorecard on the floor of the Nigerian Stock Exchange (NSE), showcasing moderate growth in key financial parameters. For the nine months under review, the group recorded a growth of 16.9 per cent in total assets, which grew from N1.753 trillion in…
Today, The Tony Elumelu Foundation (TEF) opened the 2nd TEF Entrepreneurship Forum, the largest gathering of African entrepreneurs and the highlight of the annual TEF Entrepreneurship Programme. The Forum celebrates the 2016 cohort of Elumelu Entrepreneurs, selected from over 45,000 applicants in 54 African countries, and their completion of the Programme’s innovative 12-week online training.…
The Board of Directors of Nigerian Breweries Plc has announced an interim dividend of N7.929 billion, that is N1.00 (One Naira) per ordinary share of 50 kobo in the share capital of the Company for the 9 month period ended 30th September 2016. This is despite the marginal decline in the company’s profit for the…
United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in…