The month of May has been declared ‘Children Banking Month’ by Heritage Bank. This is part of the bank’s children financial literacy initiative to commemorate the kids on May 27. The laudable programme, which is in its second year, is themed, ‘Taking The Early Lead.’ Activities have already been lined up to directly impact a…
Category: Business
Balarabe Appointed Fidelity Bank Acting MD
The Executive Director, North, of Fidelity Bank Plc, Mohammed Lawal Balarabe, has been appointed as the acting Managing Director/Chief Executive Officer of the bank. This followed the absence of Fidelity Bank MD, Nnamdi Okonkwo, who is currently in the custody of the Economic and Financial Crime Commission, EFCC, over an alleged collection of about $115…
E-Revenue Sustainability Conference Holds In Abuja May 10
Preparations are already in top gear ahead of the maiden edition of the E-Revenue Sustainability Conference, an annual forum organised by Intermarc Consulting Limited and other stakeholders in the financial services sector of the economy. According to the organisers, the conference will proffer strategies and tactics to grow revenues from existing and new IGR sources…
Fidelity Bank Empowers Youths With Entrepreneurial Skills
Determined to eradicate the scourge of unemployment currently ravaging the country, Fidelity Bank Plc, one of the nation’s highly diversified lender, in strategic partnership with Gazelle Academy and University of Nigeria Nsukka, UNN, has empowered 300 Nigerian youths with top-of-the-line entrepreneurial skills. The programme, which is part of the Bank’s Corporate Social Responsibility, CSR, initiatives,…
Tension At First Bank Over Looming Mass Sack
If there is one thing that is causing anxiety at First Bank at the moment, it is the report that the financial institution is planning to lay off about 1000 workers on its payroll. Also, if the feelers we are getting is anything to go by, the situation may be causing problem within the bank…
Foundations laid at Portonovi for Europe’s first One&Only
***Luxury resort to open in 2018 The first foundations were laid on Friday, 22 April 2016 for One&Only Portonovi – an integral part of the new luxury lifestyle development being built in Montenegro. In a ceremony attended by the Prime Minister of Montenegro, other senior government ministers, and senior executives from One&Only Resorts and Portonovi…
GTBank Holds Autism Awareness in Ogun
Guaranty Trust Bank plc, GTBank, a foremost financial institution in Africa, has extended its annual One-on-One consultation for children with Autism and other developmental difficulties to Ogun State. The five day programme, which is free and open to the general public, began on Monday, April, 25, 2016 at the June 12 Cultural Centre, Kuto, in…
Heritage Bank Partners Oyo On Economic Diversification
One of the leading financial institutions in Nigeria, Heritage Bank, has collaborated with the Oyo State Government on diversification of the economy. Governor Abiola Ajimobi of Oyo State recently met with the management of the Bank at the launching of Oyo State Agricultural Initiative, OYSAI, supported by Heritage Bank. The occasion took place at Paago…
Alleged $115m scam: We Are Cooperating With EFCC–Fidelity Bank
Fidelity Bank Plc’s attention has been drawn to reports in the media on investigations into transactions undertaken by the Bank in the normal course of business in 2015. The transactions are now the subject matter of investigations by the Economic & Financial Crimes Commission (EFCC). We can confirm that the transactions were duly reported as…
Sterling Bank Flags off Made in Nigeria Week
Reports reaching us confirm that Sterling Bank has concluded plans to champion the use of locally manufactured goods and services by initiating what it has described as the ‘Made in Nigeria’ week, which holds from Monday, April 24 – 29, 2016. This is in furtherance of its continued commitment to growing the Nigerian economy and…