Shareholders approve Transcorp Hotel’s  N1.14bn dividend 

Shareholders of Transcorp Hotels Plc, have approved a final dividend of N1.14 billion for the 2018 financial year.  The final dividend which represents 15 kobo per ordinary share, is a 20 percent improvement over the 12 kobo per ordinary share paid for 2017.  The shareholders who approved the dividend at the company’s 5th Annual General Meeting (AGM), also […]

Access Bank subsidiaries contribute 116% to group profit in 2018

Subsidiaries of Access Bank Plc contributed 116 percent of the overall group profit of the bank, Herbert Wigwe, CEO and managing director has revealed. According to him, an effective implementation of the bank’s overall strategy, led to the Bank’s subsidiaries to Group profits growing by 116 percent to N27.9 billion. The banking group’s recently released […]

First Bank group plans 125km “Relay Walk” to mark anniversary

First Bank of Nigeria Plc and other corporate entities in the FBN Holdings group would jointly have a 125km relay walk to celebrate the bank’s 125 years of unbroken business operations in commemoration of its 125 years anniversary, on Saturday March 16, 2019. The bank disclosed this in an emailed statement as a follow up […]

Coronation wins top investment bank in Nigeria

Coronation Merchant Bank has been named the best investment bank in Nigeria by Global Finance magazine in its 20th annual World’s Best Investment Banks. After a series of exclusive surveys, which will be published in the April 2019 issue, the world-renowned financial magazine recognized Coronation Merchant Bank as the Best Investment Bank in Nigeria along with Barclays, […]

FirstBank boosts customer experience with cash back offer on card use

FirstBank

First Bank Nigeria Limited is running a campaign, which aims primarily to delight customers, by seeking new methods of giving a memorable experience through the usage of their varied card services. The bank launched a four-month campaign scheduled to end September 2018 giving customers who use their cards for international transactions the privileged to be […]

Akinwuntan takes over at Ecobank Nigeria, promises customer-friendly banking services

Akinwuntan

Patrick Akin Akinwuntan, managing director and regional executive of Ecobank Nigeria starts his new role today and has pledged to ensure customer-friendly banking services to every household in Nigeria. According to Akinwuntan, Nigerians can expect a more customer-friendly Ecobank as well as a continued market-leading banking innovation that will make their banking easier, more convenient […]

NOVA Merchant Bank appoints acting managing director, CEO

Nova Merchant Bank

NOVA Merchant Bank Limited has announced the appointment of Anya Duroha as acting managing director following the exit of Chinedu Ikwudinma, the erstwhile managing director. The appointment, which is subject to approval of the Central Bank of Nigeria, became effective August 30, 2018. Prior to the appointment of Duroha as the acting managing director / […]

UBA appoints 4 new board members

UBA

The board of directors of the United Bank for Africa has announced the appointment of four new board members, including Erelu Angela Adebayo, Angela Aneke, Abdulqadir Jeli Bello and Isaac Olukayode Fasola. The new board members, whose appointments are subject to the approval of the Central Bank of Nigeria (CBN), would replace Rose Okwechime, Adekunle […]