Sterling One Foundation Wins Big at the ECOSEA 2022 Awards 

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 

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

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

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

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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Sterling Bank launches MBN, set to showcase best of Nigeria at maiden fair

As part of its commitment to the growth and development of Nigerian businesses and the economy, Sterling Bank Plc, Nigeria’s leading financial institution, has created the Made-By-Nigerians platform. The Made-by-Nigerians platform is a community designed to showcase the best products and services made by Nigerians, at home and abroad.  The bank will hold a fair from the 23rd to the …

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CBN Directive: Banks Begin Closure Of Accounts Of Unregistered Associations, Societies

Most of Nigeria’s banking service providers have recently commenced the process of closing down the bank accounts of unregistered associations and societies domiciled in their respective banks pursuant to a directive of the Central Bank of Nigeria to that effect. The Central Bank of Nigeria (CBN) had recently directed that all Community Based Association bank accounts opened without CAC Certificate …

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Collapsed FTX Boss, Bankman-Fried, Arrested In Bahamas

Sam Bankman-Fried, the former boss of the collapsed crypto exchange platform, FTX, has been arrested in the Bahamas on Monday. According to reports, Bankman-Fried was arrested by the police as requested by American authorities and faces likely extradition. Confirming the arrest, the United States of America attorney for Southern District of New York, Damian Williams, in a tweet on Tuesday …

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More Winners to emerge in the Ongoing Polaris Save & Win Promo …as 2nd draw holds on December 8

The second draw of the on-going Polaris Bank Save & Win promo is scheduled to hold on Thursday December 8, 2022. The draw which will be conducted electronically, will hold at the Bank’s Victoria Island, Lagos headquarters, and will be broadcast live on the Bank’s social media channels where winners that emerged will be contacted and rewarded instantly. The first …

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Sterling named Best Employer for the fifth time in a row

Nigeria’s leading commercial bank, Sterling Bank PLC, has set a new milestone by winning the Overall Best Place to Work title for the fifth consecutive year at the annual Great Place to Work awards held in Lagos recently.  The award recognises the best Nigerian firms to work for, with Sterling receiving first place in the Large Corporates category. ahead of …

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