First Bank engages NIBSS to boost digital payment service
Onome Amuge
October 19, 2021
First Bank of Nigeria Limited has initiated a partnership with Nigeria Inter-Bank Settlement System Plc. (NIBSS) to facilitate the Nigeria Quick Response (NQR) Payment Solution, an innovative payment service designed to promote customer’s transaction experience by scanning the code on a mobile device. A statement by the premier bank said the initiative reduces costs for […]
System liquidity to drive T-bills; post-auction sentiments on bonds
Charles AbuedeOctober 19, 2021
Naira gains N0.41 w/w despite low FX supply; to stay calm as CBN continues intervention FX Market In the light of low FX supply in the currency market and the never slowing demand for dollars in the market by FX users, the naira fell in dropped on Thursday to N422 per dollar at […]
MTN Nigeria, Julius Berger, join design experts to host Design week Lagos
Charles AbuedeOctober 19, 2021
Plans to create an ecosystem of designs; shift the paradigm MTN Nigeria, Africa’s largest wireless carrier and construction heavyweight, Julius Berger, have joined forces to collaborate with innovative and creative design experts across disciplines, including architecture, industrial design, interior design, furniture design, graphics design, and technology, to host Design Week Lagos (DWL), an initiative founded […]
How Nigeria’s success in cricket can boost SRL betting
Businessam StaffOctober 18, 2021
Nigeria may be on its way to becoming a new home for cricket in the coming years. The promise of the Simulated Reality League is strong and it is one of the best avenues for betting. It can also benefit greatly from the national team’s success and bring more fans into the fold. Cricket is […]
5 Tactics to Create a Profitable Small Business
Businessam StaffOctober 18, 2021
Surely you are not the only coffee shop in your city, not the only real estate agent, and not the only forex trading broker in Nigeria. The industry does not matter, you probably have competitors anyway. That is why it is worth thinking about branding to distinguish your small company from others. 1. Create a […]
Customer Service Week: Access Bank remains committed to creating unrivalled banking service
Businessam StaffOctober 8, 2021
Delivering top-notch customer service that raises the bar is what every organisation strives for; this is one of the watchwords that drive innovation at Access Bank. Among the many things that make the Bank stand out, customer service is top of the list as it continues to create unforgettable experiences, stopping at nothing to make […]
Agusto & Co. affirms UBA’s ‘Aa-’ stable outlook rating
Charles AbuedeSeptember 19, 2021
Agusto & Co., the pan-African credit rating agency, has affirmed the ‘Aa-‘ rating to United Bank for Africa (UBA), a leading Nigerian lender with a Stable Outlook. The rating, according to the industry research provider, reflects UBA’s Pan-African franchise value, which has upheld a good liability generation strategy and a strong ability to refinance across […]
Union Bank names Abubakar, former women’s minister, independent director
Charles AbuedeSeptember 17, 2021
Aisha Abubakar, the immediate past Nigerian minister for women affairs and social development under the present administration, from 2018 to 2019, has been named an independent non-executive director to the board of Union Bank of Nigeria following the approval of the Central Bank of Nigeria (CBN), a filing to the Nigerian Exchange (NGX) has shown, […]
Subscribers fall over themselves for a bite of Access Bank $500m Eurobond on LSE
Charles AbuedeSeptember 15, 2021
Oversubscribed by 300% Eager investors scrambled for a front row seat when Access Bank Plc went to the London Stock Exchange for the launch of a $500 million S/144A Senior Unsecured Eurobond note on the main market under the bank’s global medium-term note programme. With a coupon rate of 6.125 percent with […]
UBA outsmarts volatile environment to grow PAT by 36% to N60.6bn in H1
Businessam StaffSeptember 15, 2021
Board declares 20k interim dividend The board of directors of United Bank for Africa, UBA, has declared an interim dividend of 20 kobo per share for every ordinary share of 50 kobo each, held by its shareholders. This is inline with the bank’s culture of paying both interim and final cash dividends to […]