Banking/Finance

Wema Bank Records Impressive Financial Performance In 2022 Half-Year Reports   Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the ...

Ecobank Nigeria Appoints Ichie (Dr) Nnaeto Orazulike as Non-Executive Director The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie (Dr) Nnaeto Orazulike as a Non-Executive Director. Ichie (Dr) Nnaeto Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing ...

Bayelsa Govt. seeks Heritage Bank support on Youth Development in sport The Bayelsa State Government has indicated interest in partnering Heritage Bank Plc on youth empowerment and sport development. The Deputy Governor, Senator Lawrence Ewhrudjakpo disclosed the interest of the State Government during a courtesy call with the Commissioner for ...

Ecobank Nigeria Extends Remittance Services To Business Accounts Holders Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business ...

ZENITH BANK RANKED NUMBER ONE TIER-1 BANK IN NIGERIA FOR THE THIRTEENTH YEAR IN A ROW IN THE 2022 TOP 1000 WORLD BANKS RANKING Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by ...

NON-OIL EXPORTS KEY TO NIGERIA’S ECONOMIC REJUVENATION, SAY STAKEHOLDERS AT ZENITH BANK INTERNATIONAL TRADE SEMINAR Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday, ...

Wema Bank Launches Leadership School to Re-skill and Groom Leaders   Nigeria’s most innovative bank, Wema Bank Plc, has launched the Leadership Development School as an addition to its Purple Academy to help in the overall development and transformation of its workforce. Speaking at the formal opening ceremony of the ...

ZENITH BANK RETAINS POSITION AS NIGERIA’S BEST COMMERCIAL BANK, ALSO SCOOPS BEST CORPORATE GOVERNANCE BANK AWARD AT WORLD FINANCE 2022 AWARDS     Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022, retaining the award for a second consecutive year. The ...

FIRSTBANK LAUNCHES SINGLE-DIGIT LOAN FOR WOMEN-OWNED BUSINESSES, REINFORCES ITS ROLE IN STRENGTHENING GENDER INCLUSION IN NIGERIA The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country. The loan scheme covers female-owned or partnered ...

Fitch Upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’ Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating ...