Polaris Bank not for sale —Management
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Michael Okikiola
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August 5, 2022
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BUSINESS
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Our attention has been drawn to an online report on the purported sale of Polaris Bank Limited. This publication is speculative, deliberately intended to create panic and should be disregarded by the banking public. Stakeholders may recall the regulatory intervention in the erstwhile Skye Bank by the CBN and the subsequent injection of capital via the Asset Management Corporation of …
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FirstBank Branch, Head office, not Sealed
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Michael Okikiola
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August 5, 2022
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BUSINESS
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Our attention has been drawn to the news reports online with the conflicting claims that FirstBank branch or/head office has been sealed. Please be informed that the referenced story is a misrepresentation of the facts and misleading. Neither our branch nor head office was sealed. On the 4th of August, 2022, there was an unlawful enforcement at the Bank’s Coomassie …
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Firstmonie agents make over 1 billion transactions, reinforces FirstBank’s leading role in promoting financial inclusion in Nigeria
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Michael Okikiola
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August 4, 2022
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BUSINESS
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0 Comments
The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit facility First Bank of Nigeria Limited, Nigeria’s premier and leading financial services …
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Wema Bank records impressive financial performance in 2022 half-year reports
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Michael Okikiola
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August 2, 2022
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BUSINESS
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0 Comments
Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the Financial Results for the Period Ended 30 June, 2022 released in Lagos on 28 July, 2022. In the report, the bank …
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Wema Bank records impressive financial performance in 2022 half-year reports
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Michael Okikiola
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July 31, 2022
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BUSINESS
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0 Comments
Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the Financial Results for the Period Ended 30 June, 2022 released in Lagos on 28 July, 2022. In the report, the bank …
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Unity Bank Posts N27B Gross Earnings in H1’22 Records 23% Growth in PAT
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Michael Okikiola
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July 29, 2022
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BUSINESS
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Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance indicators. The Bank grew Profit Before Tax (PBT) by 23% which rose to N1.8 billion from …
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2022 World Banks Ranking: Zenith Bank ranked Number one tier-1 Bank in Nigeria for the 13th year in a row
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Michael Okikiola
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July 25, 2022
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BUSINESS
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Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally. …
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Union Bank partners JAN to impact over 300 girls
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Michael Okikiola
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July 23, 2022
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BUSINESS
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As part of Junior Achievement Nigeria’s vision of inspiring and preparing the youth to succeed in a global economy and in alignment with Union Bank’s corporate sustainability impact strategy, the Bank in partnership with Junior Achievement Nigeria is set to implement the annual Leadership, Empowerment,Achievement and Development (LEAD) Camp for girls. The LEAD Camp which kicks off July 25th, 2022 …
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UN Commends Sterling One Foundation on the Africa Social Impact Summit
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Michael Okikiola
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July 22, 2022
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BUSINESS
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The United Nations Resident and Humanitarian Coordinator, Nigeria Mr. Matthias Schmale, has commended the Sterling One Foundation for creating a convening to accelerate growth towards the 2030 Sustainable Development Goals across Africa. This was shared during the 2-day hybrid event held on July 13-14, 2022, at the prestigious Transcorp Hilton Hotel Abuja which had about 4,000 registered delegates from 55 …
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Non-oil exports key to Nigeria’s economic rejuvenation, say stakeholders at Zenith Bank international trade seminar
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Michael Okikiola
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July 21, 2022
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BUSINESS
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Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos and virtually. In his Goodwill Message Presentation, the Founder and Chairman of Zenith Bank Plc, …
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