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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Sterling extends publication date of Annual Statements
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Bayo Adetu
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March 30, 2023
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BUSINESS
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Sterling Bank Plc, has just announced that it requires a short extension outside the deadline for filing its Annual Financial Statements (AFS) for the year ended 31st December 2022. This was contained in a copy of the bank’s letter to the Nigerian Exchange (NGX) filed on the 29th of March, 2023. Company Secretary and Chief Legal Officer, Ms. Temitayo Adegoke, …
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Zenith Bank caps Year 2022 with impressive 24% growth in gross earnings
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Bayo Adetu
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March 29, 2023
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BUSINESS
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Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According to the audited financial results for the 2022 financial year presented …
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PHOTOS: Lagos Govt Shuts Supermarket For Sale Of Expired Products
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Bayo Adetu
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March 29, 2023
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BUSINESS
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The Lagos State Consumer Protection Agency has shut down Chiffy Supermarket, located at 3, Oduduwa Crescent, G.R.A Ikeja, for selling expired toothpaste and other household products. General Manager for LASCOPA, Afolabi Solebo said that the agency acted upon a tip-off from a consumer’s post on social media. The agency revealed this in a statement posted on the state’s Instagram page …
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GMW: Polaris Bank, CBN deepen financial literacy among young Nigerians… donates books to libraries of 37 Secondary Schools nationwide
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Bayo Adetu
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March 28, 2023
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BUSINESS
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Polaris Bank has continued to deepen its financial advocacy role of educating and inculcating in young Nigerians the culture of savings, investment and financial awareness during the 2023 Global Money Week (GMW) event. The week-long activity, which kicked off last Monday, March 20, and ended on Sunday, March 26, 2023, had ‘Plan Your Money, Plant Your Future’, as its theme. …
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Ebenezer Onyeagwu receives Doctorate Degree in Business Administration from UNN, Nsukka
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Bayo Adetu
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March 27, 2023
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BUSINESS
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The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka. The award, which is in recognition of his immense achievements as Group Managing Director/CEO of Zenith Bank as well as his contributions to the growth of the …
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