Unity Bank Posts Assets Growth of 67.90% to N492.02 Billion, As Gross Earnings Hit N42.71 Billion in FY 2020

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded in 2019. This is even as the agric-focused lender declared gross earnings of N42.71 billion within the period under review. A review of the Bank’s audited results for full year ended 31 December 2020, released to …

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FirstBank Launches a New Corporate Website, Reiterates its Commitment to Service Delivery Excellence

FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at https://www.firstbanknigeria.com/ The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions to its customers across the world. The website is configured with modern design and improved functionality that eases …

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Why Shell, Chevron, other oil majors are leaving Nigeria

Fresh insights as to why the oil majors are gradually scaling down their operations and planning their exit from the country has been unraveled. Investigation by The Nation revealed that among the oil majors, including Royal Dutch Shell, ExxonMobil, Total and Eni, are cutting billions in spending after taking hits to their profits, thus shifting money to renewable fuels and …

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FIRSTBANK HOSTS WEBINAR TO SENSITISE INDIVIDUALS AND BUSINESSES ON STAYING PROTECTED IN THE INFORMATION AGE

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. The virtual event is scheduled to hold by noon on Friday, 16 April 2021 with “Staying Protected Amidst the Pandemic Chaos” being the topic to be discussed at the event. …

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Transporters cry out over non-disbursement of N10bn COVID-19 bailout

Worried by their inability to cope with the challenges of providing adequate services to the citizenry, transport operators across the country have urged the federal government to urgently disburse the N10 billion COVID-19 palliative fund to their members to prevent imminent collapse of the sector. This is as the N10bn COVID-19 bailout as intervention fund to operators in the Nigeria’s …

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You’re N25k Away From Being a Landlord in the Adron Homes “Easter Family Fun” Promo

Have you been searching for the most effective route to owning your own property (be it land or housing), especially with the rising cost of accommodation in Nigeria? Well, look no further! Over 9 years ago, Adron Homes and Properties Limited was founded with the sole aim of providing suitable and affordable housing for everyone regardless of social class or …

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FIRSTBANK CONVENES THE FOURTH EDITION OF ITS ANNUAL FIRSTGEM EVENT, REINFORCES ITS LEADING ROLE IN PROMOTING WOMEN EMPOWERMENT

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the fourth edition of its annual FirstGem Conference, tagged FirstGem 4.0. The 2021 event is themed ‘The Art of Negotiation’ and convened to provide women with insights on the secrets of wealth management, investment and savings. It is scheduled to hold on Wednesday, 31 March …

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NDLEA intercepts parcels of cocaine, heroin going to UK, Ireland, Australia

The National Drug Law Enforcement Agency, NDLEA, has intercepted well-concealed and unaccompanied parcels of cocaine, heroin, methamphetamine and cannabis sativa being shipped to the United Kingdom, Northern Ireland, Australia, Maldives and New Zealand. A statement signed by the agency’s Director, Media & Advocacy, Femi Babafemi and made available to NAOSRE stated that a notorious trafficker, Sikiru Owolabi, who is behind …

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FIRSTBANK CEO LISTS TECHNOLOGY, CAPACITY AS KEY FOR POST-COVID-19 GROWTH …Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms

By Bolaji Israel Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised by the Surrey Business School of the University of Surrey, England. The webinar was themed: “Digital …

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Shell Rattled By Bank Accounts Restrictions, as Aiteo Seeks $4bn for ‘16 Million Barrels of Crude Diverted ’

Civil Society Organisations (CSOs), youth leaders, lawyers as well as student bodies, have alerted Nigerians and the international community of an alleged plot by oil giant. the Shell Petroleum Development Company of Nigeria Limited (SPDC), to launch a global smear campaign against Aiteo Group. The groups and their members, numbering over a thousand who gathered in Abuja, told journalists that …

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