Nigeria’s commercial banking, insurance, and telecommunications sectors have maintained excellent media interactions, marketing, and awareness since the start of 2023 despite the earlier scarcity of the naira and its effect on business. These were further enhanced by the remarkable data it gave the media in the first quarter of the […]
Tag: BANKS
CIBN, Body of Bank CEOS, Sue for Calm, Reassure Public of Operation of Banks
By Olatunde Dodondawa The Chartered Institute of Bankers of Nigeria is liaising with the Body of Banks CEOs to address the current challenges. As such, the banks would continue to remain open to serve the public as long as it is safe to do so. The safety and security of […]
Stanbic IBTC Bank Nigeria PMI: PMI Hits 18-Month High In July, Amid Strong Demand Conditions
By Olatunde Dodondawa Nigeria’s private sector began the second half of the year on a positive footing as they continued the run of expansion that began in July 2020. Quicker upticks in output, new orders, purchases and employment supported growth. Despite this, firms were able to keep backlogs at […]
Unity Bank Grows 34% Pre-Tax Profit, Records N23B Gross Earnings In H1 2021
By Olatunde Dodondawa Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender […]
Union Bank pledges Continual Commitment To CSR
As part of efforts to drive sustainable social impact, Union Bank and its employees have established communal water boreholes in six underserved communities across Nigeria, directly impacting over 15,000 people. The bank said this in a statement recently y titled ‘Driving social impact: Union Bank and employees provide six communities […]
7th Edition: CIBN Holds National Economic Outlook
The Chartered Institute of Bankers of Nigeria Centre for Financial Studies (CIBNCFS) in collaboration with B. Adedipe Associates Limited are set to hold a Roundtable Session on 7th National Economic Outlook: Implications for Businesses in Nigeria in 2021. The annual event is typically held with the aim to engage all […]
NAMB Assures Microfinance Banks Customers Of Effective Service
National Association of Microfinance Bank (NAMB) has assured Microfinance Bank’s customers of effective services in Micro, Small and Medium Enterprises (MSMEs) They are the engine of growth in any economy, whether they are developed or developing. Issues that affect them should be treated with seriousness and as a priority. Microfinance […]
NCOY: FirstBank Power Next Generation of Nigerian Innovators, Entrepreneurs
What did (the various territories that were later to be amalgamated into)Nigeria look like in 1894? How about a hundred years later in 1994? And what could Nigeria look like in the year 2094? History provides elaborate answers to the first two questions. Answers –accurate or near-accurate answers, that is […]
Wema Bank’s Webinar Set To Empower SMEs To Thrive Through Any Crisis
Nigeria’s long-standing innovative bank, Wema Bank, will be holding a webinar for small and medium scale businesses. The webinar seeks to provide businesses with insights needed in taking strategic steps for continuity and sustainability in light of the COVID:19 pandemic and the recent crisis that led to the looting of […]