First Bank set to host virtual SME clinic
Omobayo Azeez
May 8, 2020
stbank By Omobayo Azeez First Bank of Nigeria Limited has announced its readiness to host a virtual SME Business Clinic to provide insightful information on how small and medium enterprises (SMEs) can better manage the financial activities of their businesses. First Bank, Nigeria’s oldest financial institution has always pride itself as Nigeria’s premier and leading […]
Ecobank Nigeria urges customers to obey COVID-19 rules, opens more branches
Businessam StaffMay 7, 2020
Ecobank Nigeria has urged its customers to obey the COVID-19 rules, emphasizing the importance of social distancing to check the spread of the Coronavirus, especially when visiting the branches. The bank which gave this advice in a mail to customers also thanked them for their dedication and continued patronage while confirming that more branches are […]
100 customers benefit as UBA doles out N10m in Bumper account draw
Businessam StaffMay 7, 2020
A total of 100 loyal customers of United Bank for Africa (UBA), the pan African financial institution, tasted the goodness of their bank when they shared from a N10 million largess offered through its Bumper account draw, with each of the customers taking home N100,000. The reward by the bank would come as financial succor to the […]
Ecobank pledges improved customer satisfaction
Moses ObajemuMay 4, 2020
Ade Ayeyemi, group chief executive officer of Ecobank Bank Transnational Incorporated, has said the focus of the bank is on making sure that it meets the needs of customers despite the pandemic while also ensuring their well being and safety as well as those of its employees. Ayeyemi stated this why commenting on the performance […]
GTBank advises customers as work resumes
Businessam StaffMay 4, 2020
Guaranty Trust Bank (GTBank), one of Africa’s foremost Financial Institutions, has advised its customers as work resumes after the lockdown in Lagos, Ogun and the Federal Capital Territory to observe the protocols prescribed by the health regulatory authorities. This was contained in a statement released by the bank to the public. According to the statement, the […]
Ecobank records $393m revenue in Q1
Moses ObajemuMay 1, 2020
Ecobank International has recorded an operating income (net revenue) of $393 million for the first quarter ended March 31, 2020.. The result shows a one percent rise on a reported basis and 14 percent in constant currency. According to a statement issued by the bank, its operating expenses went up by one percent to $259 […]
Polaris Bank celebrates first year of operation, declares ₦27.8bn profit
Moses ObajemuMay 1, 2020
…Capital adequacy and liquidity ratios above regulatory requirements …To reap benefits of IT investment in 2020 It was cheering news over the weekend as Polaris Bank Limited released its first Audited IFRS 2019 compliant financial result posting a profit before tax of N27.8billion. The result which posits a compelling narrative in the history of Nigeria’s […]
Nestle partners IDH to boost production of agricultural raw materials
Kenneth AforApril 29, 2020
Kenneth Afor Nestle, one of the world’s leading conglomerate in the food and beverage sector, has partnered with IDH Sustainable Trade Initiative to support small holder farmers and Small Medium Enterprises (SMEs) in West and Central Africa to ramp up production of agricultural commodities used as raw materials. The three-year partnership seeks to support 25,000 […]
Heritage Bank joins WHO to advocate zero malaria by 2030
Omobayo AzeezApril 28, 2020
By Omobayo Azeez Heritage Bank Plc has joined the world to commemorate the 2020 World Malaria Day, amid fears that paying much emphasis on the novel Coronavirus Pandemic could reinforce progress on the mosquito-borne disease, especially in Africa. The theme of the World Malaria Day 2020 is entitled, “Zero Malaria Starts with Me,” which is […]
Africa’s biggest airline fights for ‘survival’ amid pandemic
Businessam StaffApril 22, 2020
op Ethiopian Airlines CEO Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was “a temporary problem” – comparable to a natural disaster or a spike in oil prices. Several weeks later Africa’s largest carrier is locked in what Tewolde describes as “a struggle that we’re performing for survival”, ramping up cargo […]