Unity Bank Plc has not enjoyed a smooth ride in the banking industry for a while. The financial institution has been riddled with several controversies with the most recent being a mass sack of its staffs. Asides this, its banking business has been alleged to be taking a deep for sometimes now. However, Dubai-based investment…
Category: Business
UBA Grows Profit To N62 Billion In Nine Months
Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable…
European Investment Bank, UBA Agree Record €60m New Private Sector Investment Programme
The European Investment Bank and United Bank for Africa (UBA) have agreed a new €60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in Nigeria. The new private sector…
Why We Are Supporting NESG—Sterling Bank
Sterling Bank Plc has renewed its commitment to the promotion of Made-In-Nigeria goods and services as it supports the 2016 edition of the Nigerian Economic Summit (NES#22). The summit themed ‘Made in Nigeria’ is scheduled to hold from October 10 to 12, 2016 at the Transcorp Hilton Hotel, Abuja. Sterling Bank in a statement made…
Customers Service Week: Heritage Bank Promotes Client’s Businesses
Poised by a desire to partner and create wealth for their individual customers, the Heritage Bank took advantage of the occasion of the customers’ service/appreciation week to organise a business fair that showcases and celebrates the business activities of their various customers. The fair which took place at 12 Ligali Ayorinde Street, Victoria Island, last…
Why is GTBank Organizing Fashion Event, and Why Should I Attend?
The GTBank Fashion Weekend may seem novel for a financial institution, but it is part of the bank’s long history of supporting the local fashion industry. Foremost African financial institution, Guaranty Trust Bank plc, last week announced the debut of the GTBank Fashion Weekend, set to hold on the 12th and 13th of November 2016,…
GTBank MD Named CEO of the Year at 2016 Africa Investor Awards
Managing Director/CEO of Guaranty Trust Bank plc; Segun Agbaje has emerged the 2016 Ai Socially Responsible Investment (SRI) 30 CEO of the year at this year’s 9th annual Ai CEO Investment Summit which took place on the sidelines of the UN General Assembly. Launched in 2007, the Ai Institutional Investment and Capital Market Awards is…
Sunlight ‘Laraba’s World’ Train Thrills Consumers In Abuja
Sunlight’s ‘Laraba’s World’ train has been visiting malls across Abuja to meet with loyal consumers. The drama series which started airing on TV screens across northern Nigeria from September 15, 2016, show cases the daily lives of northern women in an engaging and entertaining way. The Hausa language (with English subtitles) soap opera, revolves around…
Sterling Bank Launches ‘Quick Cash’ Initiative For Women Entrepreneurs
Challenges faced by market women desiring access to credit has become a thing of the past as Sterling Bank Plc through its ‘One Woman’ proposition launched a new initiative called the “Market Women Quick Cash.” This is in partnership with Afrigrant, a Non- Governmental Organization (NGO). The new proposition is expected to promote women empowerment…
Diamond Bank Announces Name Change For Flagship Financial Products
Diamond Bank Plc has announced the change of names of six of its flagship financial products. According to the Bank, the name change was borne out of the need to align its product offerings to the changing lifestyle of its customers, and also, point the future direction of the Bank to constantly refresh its products…