Polaris Bank deepens promotion of SMEs in Nigeria, Sponsors 2023 Year End Fashion Souk with Eventful 

Polaris Bank, Nigeria’s Leading Digital Retail Bank, in partnership with Eventful Limited will host the 2023 season end edition of The Fashion Souk 9.0 scheduled to hold at the Harbour Point, Victoria Island, Lagos on Saturday, December 2nd and Sunday, December 3rd.  The Fashion Souk is Nigeria’s premier marketplace where smart Small and Medium-sized Enterprises (SMEs) in the fashion industry …

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Winners Emerge In Sterling’s ASA 2023 AgroPitch

Five winners emerged in the grand finale of the 2023 edition of Sterling’s Agriculture Summit Africa. This year’s edition, which featured a pitch competition called AgroPitch, saw Green Republic Farms Limited crowned the top agroprenuer, walking away with five million naira in grants and an agribusiness entrepreneurship training program from the Lagos Business School. This year’s summit was sponsored by …

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Five Millionaires emerge in Polaris Bank’s ongoing ‘Save & Win’ Promo

Five lucky Nigerians at the weekend hit a fortune when they emerged Millionaires in the ongoing Polaris Bank Save & Win Promo. The live quarterly draw of the ongoing Polaris ‘Save & Win’ promo which took place at the Bank’s headquarters Annex, Alausa Ikeja at the weekend in Lagos, further underscored Polaris Bank’s dedication to fairness in all its promotions …

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Shareholders Praise Sterling HoldCo Performance, Leadership

Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. This commendation was shared at the recently held statutory meeting in Lagos. The hybrid statutory meeting, which was held …

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Union Bank of Nigeria completes shareholding takeover, delists from Stock Exchange

In May, 2023, Union Bank received an offer from its core shareholder, Titan Trust Bank Limited, to acquire the shares of all minority shareholders in Union Bank after the completion of core investors’ sale of a majority shareholding to Titan Trust Bank Limited, a subsidiary of TGI Group. The acquisition of the minority shareholding has led to the application to …

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Top 10 Agro-Innovators Emerge For Agriculture Summit Africa 2023

The 2023 edition of Sterling’s Agriculture Summit Africa (ASA) has reached the penultimate stage with revealing of the top ten innovators to pitch for grants at the highly anticipated 5th edition of its annual event. This year’s summit will be an incubator-style investors’ deal room tagged ‘AgroPitch.’. The shortlist comes as an outcome of an extensive screening process which saw …

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Fact-Checking the story: Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals

By Olalere OjedokunA report being syndicated by a section of online media with the title: Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals, made several claims in figures, interpretations and practices.Claim 1. POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collateralsThis claim is untrue, founded primarily on lack of understanding …

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Unity Bank Records N38.2 Billion Gross Earnings in Q3’23

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank.  A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that …

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Zenith Bank Maintains Impressive Performance with Triple-Digit Topline, Bottom line Growth in Q3 2023

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment. According to the bank’s unaudited third quarter financial …

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Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards

Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023. The bank was presented the award at a prestigious dinner event held on Saturday, 28 October 2023 at Lagos Continental Hotel, Victoria Island, Lagos. “The BAFI …

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