By Olatunde Dodondawa Sterling Bank PLC has stated why it did not disburse the N6 million in the N200 denomination found in its vault in its Ado-Ekiti, Ekiti State branch. The bank explained on Sunday after a viral video surfaced on social media indicating new naira notes worth N6 million […]
Tag: CBN
Sterling Positions For Expansion With New Structure
By Olatunde Dodondawa With the unanimous support received from its shareholders, Sterling Bank, soon to be known as Sterling Financial Holdings Company, is firmly positioned to expand its financial services footprint from traditional banking and deliver more value to its shareholders. According to the publicly available filings reviewed from the […]
59th Edition: Ajayi wins FirstBank Lagos open golf championship
Ikoyi Club based category-1 amateur golfer, Ajayi Tajudeen has emerge winner of the 59th edition of the FirstBank sponsored Lagos Open Golf Championship. Ajayi closed with 1-under par 70 for a total of 7-over the course par to win the Championship by two-shots after 56-holes. Happy at the recently held golf […]
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 […]
BAFI Awards: First Bank’s COVID-19 response sets pace in CSR for other financial institutions
By Aniekan Ezekiel Publisher of BusinessDay, Frank Aigbogun’s welcome address at the recently held BusinessDay’s Banks and other Financial Institutions (BAFI) Awards came the following words: ‘The year 2020 has been a most interesting year. The economy and communities have been managed by disruptions imposed by COVID-19. Yet financial services have […]
COVID-19: FIRSTBANK LAUNCHES NEXT-GENERATION ATM
…SPEARHEADS INNOVATION IN ELECTRONIC BANKING IN NIGERIA In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of […]
Recession: Financial Expert Seeks Aggressive Implementation of ESP
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession. Uwaleke, of the Nasarawa State University, disclosed this in an interview with the News Agency of Nigeria (NAN) […]
EMEFIELE TO HOST CIBN 55TH ANNUAL BANKERS DINNER
EMEFIELE TO HOST CIBN 55TH ANNUAL BANKERS DINNER The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele will host the 55th Annual Bankers Dinner organized by The Chartered Institute of Bankers of Nigeria (CIBN) on Friday, November 27, 2020 at Eko Hotel & Suites, Victoria Island, Lagos […]
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 […]
WEMA BANK ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR 9 MONTHS ENDED SEPTEMBER 30, 2020
…Announces Profit Before Tax (PBT) Of M3.06Billion Wema Bank Plc, pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks has announced its unaudited financial results for nine (9) months ended September 30, 2020 which clearly show positive figures across most financial indicators. Commenting on […]