Wema Bank Announces Grand Finale of Hackaholics 5.0: Set to Reward Winners With ₦75 Million Worth of Prizes
-
Bayo Adetu
-
November 15, 2024
-
BUSINESS
-
0 Comments
Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced the grand finale of the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. Launched in 2019, Wema Hackaholics is a groundbreaking initiative designed to harness the creativity and entrepreneurial spirit of Nigeria’s youth, providing them with a platform to …
Continue Reading
Wema Bank Honored at Global Retail Banking Innovation Awards 2024 … Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards
-
Bayo Adetu
-
November 13, 2024
-
BUSINESS
-
0 Comments
Wema Bank, recognized as Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has been awarded Best SME Bank in Nigeria and Excellence in Digital Innovation at the recently held 2024 Global Retail Banking Innovation Awards. These awards underscore the Bank’s commitment to empowering businesses and delivering transformative digital solutions that cater to evolving customer needs. …
Continue Reading
FirstBank Host Fintech Summit 6.0, Launches Fintech Innovators Pitch Programme
-
Bayo Adetu
-
November 7, 2024
-
BUSINESS, Featured
-
0 Comments
FirstBank, the premier West African financial institution and financial inclusion service provider is excited to announce its 6th annual Fintech Summit, themed “Banking on Partnerships,” scheduled to hold on November 13 and 14, 2024. This year’s edition will bring together renowned subject matter experts, innovators, and industry leaders from around the world to explore the latest trends and advancements in …
Continue Reading
Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024
-
Bayo Adetu
-
November 4, 2024
-
BUSINESS
-
0 Comments
Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos. This honor comes less than a week after Polaris Bank was named Nigeria’s Digital …
Continue Reading
LITF 2024: Care Global Consumer Ltd Positions Midea Appliances, Promises Customers Beautiful Experience
-
Bayo Adetu
-
November 2, 2024
-
BUSINESS, Featured
-
0 Comments
With over 3,500 exhibitors registered for participation from about fifteen countries , the much anticipated 2024 edition of the Lagos International Trade Fair, LITF, has eventually kicked off on the 1st of November, and it’s expected to run till the 10th of the same month. However, one major exhibitor that appears to be so visible is none other than Midea …
Continue Reading
Zenith Bank records remarkable triple-digit growth of 118% in gross earnings as PBT hits N1.0 trillion in Q3 2024
-
Bayo Adetu
-
November 1, 2024
-
BUSINESS
-
0 Comments
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment. According to the Bank’s unaudited third quarter financial …
Continue Reading
Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth
-
Bayo Adetu
-
October 31, 2024
-
BUSINESS
-
0 Comments
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 of ₦60.62bn, representing an increase of 174% over the ₦22.13bn recorded in the corresponding period in 2023. Wema Bank’s balance sheet remained well structured with total assets …
Continue Reading
FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action
-
Bayo Adetu
-
October 31, 2024
-
BUSINESS
-
0 Comments
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 socioeconomic development for the just transition. PCAF is a collaboration between financial institutions worldwide to enable harmonised assessments and disclosures of greenhouse gas …
Continue Reading
Wema Bank Launches Export Trade Academy to Empower Nigerian SMEs in International Markets
-
Bayo Adetu
-
October 30, 2024
-
BUSINESS
-
0 Comments
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 demonstrates Wema Bank’s commitment to empowering Nigerian businesses and supporting their international growth potential. Navigating the complex landscape of export trade involves overcoming …
Continue Reading
EFCC Arrests Four Suspected Bank Hackers in Abuja
-
Bayo Adetu
-
October 30, 2024
-
BUSINESS, Featured
-
0 Comments
The Economic and Financial Crimes Commission, EFCC, has arrested Chima Anthony Nwigwe, suspected leader of banks’ hacking syndicate alongside three others: Effiong Victor Emmanuel, Mohammed Bello Mahmud, managing director, Downstone Ultimate Limited and Daminan Ali for alleged conspiracy, unauthorized access to banks’ computer systems and fraudulent withdrawal of depositors’ funds. They were arrested in a sting operation in Abuja following …
Continue Reading