Sterling One Foundation Wins CSR Award of Excellence
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Bayo Adetu
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January 20, 2023
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BUSINESS
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Sterling One Foundation has won AS+A Communications’ Award of Excellence for Corporate Social Responsibility in recognition of its positive impact across Nigeria. As part of its annual award ceremony and commemoration of its Managing Director’s 70th birthday, AS+A Communications awarded the Sterling One Foundation its Corporate Social Responsibility Award of Excellence at an event held in Lagos recently. The award …
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Alleged N50m Fraud: Court Revokes Ex-Access Bank Manager’s Bail in Lagos
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Bayo Adetu
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January 19, 2023
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BUSINESS
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Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Thursday, January 19, 2023, revoked the bail earlier granted to one Sydney Mmeka, a former Regional Manager, Access Bank Plc, who is being prosecuted by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, for an alleged N50 million fraud. Mmeka is standing trial …
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FirstBank convenes Nigeria Economic Outlook Webinar for 2023
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Bayo Adetu
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January 19, 2023
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BUSINESS
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First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the 2023 edition of its Nigeria Economic Outlook event. The virtual event themed “Nigeria Economic Outlook 2023: A look ahead” is scheduled by 8:30am on Friday, 20 January 2023, via Zoom meeting. To register and participate in the event, do click on the link https://firstbanknigeria.zoom.us/webinar/register/WN_Z-8Izr1sRHmdfRqZ5RiYeQ The …
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Digital Literacy: Polaris Bank partners NYSC, NerdzFactory to build capacity of 5,000 Corps Members
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Bayo Adetu
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January 18, 2023
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BUSINESS
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In line with its Corporate Social Responsibility(CSR) drive, Polaris Bank in partnership with the National Youth Service Corps (NYSC) and NerdzFactory has commenced a high-impact capacity-building workshop on digital skills for 5,000 National Youth Service Corps members across 12 states in Nigeria. The Bank explained that her action is intended to equip young Nigerians with relevant work-ready digital skills which …
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Wema Bank stocks Best Performing Financial Stocks in 2022 —Report
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Bayo Adetu
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January 16, 2023
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BUSINESS
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Wema Bank Plc’s stocks emerged as the best-performing financial stocks on the Nigerian Exchange during the 2022 financial year. In a report titled “The Best Performing Stocks in Nigeria in 2022,” Nairametrics compiled and analyzed the best-performing stocks in 2022, comparing their share prices as of December 31st, 2021, and December 30th, 2022. The analysis considered all 159 publicly listed …
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Sterling One Foundation Wins Big at the ECOSEA 2022 Awards
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Bayo Adetu
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January 13, 2023
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BUSINESS
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The Foundation became the pioneer winner of the ECOSEA Award for Most Outstanding Foundation in Environmental Sustainability. The Environmental Sustainability Conference, Expo, and Awards (ECOSEA) hosted by Brand Communicator, a leading brand and marketing publication, and Impact Report Africa, a fast-rising CSR, and Sustainability platform recognized the Sterling One Foundation for its strides in combating climate change in Nigeria with …
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Adeduntan urges banks to improve loan monitoring to prevent NPLS’ build-up
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Bayo Adetu
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January 11, 2023
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BUSINESS
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Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges. Speaking in an exclusive interview with THISDAY, Adeduntan also urged …
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ADEDUNTAN: BANKS, CUSTOMERS MUST APPROACH 2023 WITH PARTNERSHIP MINDSET
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Bayo Adetu
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January 10, 2023
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BUSINESS
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The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts: What are your forecasts and anticipations …
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WEMA Bank Plc announces CEO Retirement and Appointment of new MD/CEO
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Bayo Adetu
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December 30, 2022
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BUSINESS
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Wema Bank Plc. has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, 2023, after over 13 years of meritorious service on the Board of the Bank. He will be succeeded by Moruf Oseni, currently the Deputy Managing Director. Ademola Adebise was appointed as the Managing Director/Chief Executive Officer of …
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Towards A Stronger Union – Year 105 in Review
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Bayo Adetu
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December 23, 2022
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BUSINESS
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Twenty-twenty-two (2022) was a remarkable year for Union Bank of Nigeria (“Union Bank”). The leading financial institution celebrated its 105th year of serving Nigerians with the announcement of the completion of a landmark transaction that saw the integration of the Bank with Titan Trust bank to form a stronger union. This announcement kicked off several noteworthy events and major milestones …
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