Tuesday, September 26, 2023
...Further Demonstrates Pan-African and Global Growth Declares Interim Dividend of 50k per share. Gross Earnings Rises to N981.78 billion. Bank’s Total Assets Hits N15.38 trillion....
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross earnings from N404.8 billion reported in H1 2022 to N967.3 billion in H1 2023. This is a clear demonstration of its resilience and...

FG delists 37 illegal loan apps

The number of delisted loan apps rose from nine to 37, according to the Federal Competition and Consumer Protection Commission’s new report.The number of fully approved loan apps also grew to 164 from 154 as of its last updates obtained by The PUNCH from its website on...
Verve, Africa’s leading payment cards and digital tokens brand, has joined forces with Moniepoint Microfinance Bank, a fast-growing customer-oriented financial institution, to increase access to financial services for Nigerians through the launch of the Moniepoint Verve Debit Card.This partnership marks a significant stride towards the revolutionization of...
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that it has reached a monumental milestone by successfully crossing the ₦1 trillion asset under management threshold. This accomplishment serves as a testament to Stanbic IBTC Asset Management's dedication to...
Nigerian private sector business activity dipped into contraction midway through the third quarter of the year as severe and strengthening price pressures acted to diminish demand. Both overall input costs and output charges increased to the largest extent since the survey began almost a decade ago. Inflation...
Terra Academy for the Arts (TAFTA), a leading provider of world-class creative education, career support, and entrepreneurial opportunities, has announced a strategic partnership with FCMB Bank to provide soft loans with flexible terms to support students and businesses in various sectors. Through this, TAFTA continues to establish...
Eli Hini, CEO, MoMo PSB Nigeria has said that Nigeria has a better opportunity than other African countries to excel in financial and digital inclusion if traditional banks, PSBs and fintechs can work together. Eli made this assertion during a fireside chat, at the...
In line with its commitment to enabling success for its customers, Union Bank has partnered with its parent company, TGI Group and Women’s World Banking, to introduce the ‘Digital Supplier Credit’ solution under its women’s banking proposition, αlpher.The ‘Digital Supplier Credit’ solution is designed to address the...
Stanbic IBTC Bank (“the Bank”) has recently become aware of certain misinformation circulating with respect to its loans to Directors in 2022. As a socially responsible corporate organisation, Stanbic IBTC Bank is aware of the significance of maintaining transparency and integrity in all its processes. It is therefore...