FirstBank Hosts Inaugural China-Africa Interbank Association Forum; reiterates its commitment to promoting trade, financial cooperation and Economic Development

FirstBank, the premier West African financial institution and financial inclusion service provider has announced its hosting of the first-ever China-Africa Interbank Association (CAIBA) Forum to strengthen economic ties and investments between China and Africa. The forum, themed “Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialization and Economic Diversification,” will take place on November 27, 2024, at the Fraiser …

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Wema Bank Appoints New Deputy Managing Director and Executive Director

Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment of a new Deputy Managing Director and an Executive Director. These strategic appointments, approved by the Board, come as part of the bank’s commitment to ensuring strong leadership succession. The new roles will take effect on December 1, …

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Wema Bank Announces Grand Finale of Hackaholics 5.0: Set to Reward Winners With ₦75 Million Worth of Prizes

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 …

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Wema Bank Honored at Global Retail Banking Innovation Awards 2024 … Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards

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. …

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FirstBank Host Fintech Summit 6.0, Launches Fintech Innovators Pitch Programme

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 …

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Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

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 …

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LITF 2024: Care Global Consumer Ltd Positions Midea Appliances, Promises Customers Beautiful Experience

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 …

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Zenith Bank records remarkable triple-digit growth of 118% in gross earnings as PBT hits N1.0 trillion in Q3 2024

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 …

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Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth

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 …

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FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action

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 …

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