Inside Sources Reveal True Situation at Polaris Bank Limited, Clarify Falsehood, Media Attacks against Bank
Sources within Polaris Bank Limited have revealed the true situation in the financial institution that a section of the media has falsely spun around. According to the sources, there is no such thing as a controversy trailing the Bank, as the reaction within the financial institution stems from some staff’s inability to understand and accept positive and productive changes in …
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Wema Bank Celebrates 78th anniversary, ALAT at six
Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa’s first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions open to its employees, clients, and the public. Kicking off the anniversary …
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Fidelity Bank: Strengthening the footprint of growth… with impressive FY’22 financials
Fidelity Bank Plc has released its audited financial statements (AFS) for the year ended December 31, 2022 which showed the bank’s impressive growth across key top-to-bottom line figures. The full year 2022 scorecardThe bank’s financial results released to the investing public at the Nigeria Exchange Limited (NGX) show its full year (FY) 2022 gross earnings printed higher at N337.050billion, representing …
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Polaris Bank Commences Phase IV of its Breast Cancer Screening Exercise for Staff, Customers …restates commitment to stemming the scourge
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Bayo Adetu
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April 29, 2023
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BUSINESS
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Polaris Bank has announced that it has commenced breast cancer screening for its staff and customers meant to reduce the incidence of breast cancer in Nigeria. The Bank’s Group Head, Strategic Brand Management, Nduneche Ezurike, made this known in Lagos while reiterating the Bank’s unwavering commitment and partnership to stem the breast cancer scourge among women. Polaris Bank notes that …
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Zenith Bank delivers remarkable Q1 2023 results with 41% growth in gross earnings
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Bayo Adetu
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April 29, 2023
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BUSINESS
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Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28th April 2023, indicated that the significant double-digit …
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Fidelity Bank Records Stellar Performance in FY 2022 …Declares total dividend of 50K per share
Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of improved yield on earning assets and 19.1% YoY …
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FirstBank’s sponsored ‘Timeless Concert’ by Davido connects fans, promotes culture, boosts music industry to greater heights
The much-anticipated timeless concert by David “Davido” Adeleke, unarguably one of Nigeria’s biggest music exports of all time, was an electrifying music showpiece that further reiterated the lofty height and growth that has defined the Nigerian Music industry in recent years as Nigeria’s premier banking giant, FirstBank once again, threw its weight behind Davido. The Timeless Concert in Lagos was the …
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Easter: Polaris Bank Assures Nigerians of Seamless Transactions …offers customers shopping discounts
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Bayo Adetu
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April 10, 2023
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BUSINESS
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Polaris Bank has assured that her current customers and prospects alike can shop seamlessly and carry out all their transactions via its alternate channels: VULTe, USSD *833#, Polaris Mobile, PolarisXperience, ATMs, and PoS terminals during the Easter holiday. This was disclosed by the Bank’s Group Head, Strategic Brand Management, Nduneche Ezurike while speaking on the readiness of the Bank to …
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Sterling Bank Transforms On The NGX, Relists As Sterling Financial Holdings
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Bayo Adetu
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April 7, 2023
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BUSINESS
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Sterling Bank Plc, has announced that it has now completed a significant milestone in its on-going transformation to a financial holdings company with the delisting, transfer, and re-listing of all shares to the Sterling Financial Holdings Company on the floor of the Nigerian Exchange. The relisting signifies another major development in the ongoing transition, as unanimously approved by its shareholders. …
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FirstBank announces name change of subsidiaries, reiterates commitment to boosting cross-border business opportunities in Africa, World
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Bayo Adetu
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March 31, 2023
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BUSINESS
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First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the first set of subsidiaries effecting the name alignment. They are now known and addressed as FirstBank UK, FirstBank Sierra Leone, FirstBank …
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