Saturday, May 18, 2024
It was rain of accolades for the outgoing General Manager and Chief Compliance Officer of Heritage Bank Plc, Mr. Adewumi Adeniyi, yesterday as management colleagues praised him for his exceptional contribution to the growth of the sector after an unbroken stint of 37 years of working in the banking...
Tough economic reality is evident everywhere as the Germany biggest financial institution, Deutsche Bank has said it will cut 15,000 jobs because of the third-quarter €6bn (£4.3bn) loss. According to bbc.com the Germany's biggest bank said it would cut 9,000 full-time jobs and 6,000 contractor roles. It is also planning to...
  Moved by the need to significantly move Nigeria up in the world Doing Business rankings, the Credit Bureau Association of Nigeria (CBAN) has called on telecommunications companies, utility providers and other Non-Financial Institutions that provide services on credit to fully tap into the benefits of using the credit bureaus...
Africa’s largest retail bank, Access Bank Plc., yesterday collaborated with the Lagos State Employment Trust Fund (LSETF) to launch the LSETF W Initiative aimed at economically empowering women in Lagos State. The initiative, which has a total loan portfolio of N10billion, is targeted at women-owned businesses (with at least 50%...
Union Bank, one of Nigeria’s most respected financial institutions has reported a profit after tax (PAT) of N15.4billion on gross earnings of ₦126.6 billion for the financial year ended December 31, 2016.   The Chairman of the bank, Cyril Odu presented the report to shareholders at the 48th Annual General Meeting...
United Bank Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the second quarter of 2016 will see UBA issue MasterCard credit, debit and prepaid cards across...
Tony O. Elumelu, Chairman of Heirs Holdings and UBA Plc. has advocated entrepreneurship as a veritable solution to achieving poverty reduction in the country. Elumelu who is also the Founder of The Tony Elumelu Foundation delivered a paper themed: “Entrepreneurship, Corporate Social Responsibility and Africapitalism: The Role of The Private...
SKYE Bank Plc has released a new television commercial designed to leverage its robust, onmi-channel SkyeXperience platform to reinforce its pedigree as leader in the use of technology to facilitate financial services transactions. Themed “You are in Control,” the new television commercial leverages the uniform experience of Skye Bank’s internet...
In its continual commitment to boost the small medium enterprise (SME) sector, Heritage Bank Plc, one of the proud sponsors of Big Brother Naija Season-2 reality TV show, yesterday rewarded the five top finalists with financial investment support to enhance their entrepreneur drives. Efe, Bisola, TBoss, Debbie Rise and Marvis...
Contrary to speculations that Iyinoluwa Aboyeji, the immediate paste chief executive officer of Flutterwave was forced out of the company he co-founded in 2016, he has confirmed that the decision to step down from the position is for him to focus on giving back to the startup community he...