Business

The Access Bank (UK) Limited to Acquire Mauritius-based AfrAsia Bank Limited Access Holdings PLC (“Access Holdings”) today announces that its banking group’s, subsidiary, The Access Bank UK Limited (“the Access UK”) has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited (“AfrAsia Bank”), the ...

GTBank Customer Complaints to Disappearing Deposits, Deduction Issues, and the Silent MD Customers of Guaranty Trust Bank (GTBank) have expressed growing frustration over unresolved issues, including disappearing deposits and unauthorized deductions. Many Nigerians are also voicing their concerns about the bank’s lack of communication, with customers facing difficulties accessing their ...

First Bank Recapitalization: How Boardroom Conflicts and Declining Customer Trust may Affect First Bank of Nigeria Limited and its parent company, FBN Holdings, are facing scrutiny as Nigerians question why the bank is yet to announce the much-anticipated recapitalization plan. This comes at a time when other banks are actively ...

Access Holdings Reaffirms Commitment to Driving Inter-, Intra-African Trade • Banking subsidiary targets November for African Trade Conference Access Holdings Plc, the parent company of Access Bank Plc, has announced a series of initiatives aimed at empowering small businesses across Africa and enhancing intra-African trade. During a recent media roundtable, ...

Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth Wema Bank Nigeria (“Wema” or “the Bank”)) has released its unaudited Consolidated Financial Statements for the period ended September 30th 2024, to the Nigeria Exchange Group (NGX). The Bank reported profit before tax ...

FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action As part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable ...

Wema Bank Launches Export Trade Academy to Empower Nigerian SMEs in International Markets In a bold step towards empowering Nigeria’s small and medium enterprises (SMEs), Wema Bank has launched the Wema Export Trade Academy, a groundbreaking initiative designed to enhance the global trade capabilities of local businesses. This forward-thinking program ...

StylebyKenyville Fashion House Opens in Festac The fashion scene in Festac Town just got a stunning upgrade with the grand opening of StylebyKenyville Fashion House, commencing its grand entry into the key luxury market, and will offer same-day delivery across Lagos, Ogun, Oyo, Kwara and its environs for Starters. Recently, ...

Ecobank Nigeria to Host Design and Build Expo, Featuring Premier Exhibitors Ecobank Nigeria is set to host its inaugural Design & Build Expo, aimed at highlighting the latest trends, innovations, and sustainable practices in architecture, construction, building materials, household appliances, engineering, and interior design. This carefully curated five-day event tagged ...

INTRODUCING ALAT XPLORE APP: NIGERIA’S FIRST LICENSED BANKING APP FOR TEENAGERS In today’s world, financial literacy has become an essential life skill, particularly for the younger generation. Recognising this need, Wema Bank—Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT—proudly introduces the ALAT XPLORE App, Nigeria’s first ...