By Esther Agbo Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax (PAT) of N4 billion for Q4 2024, according to the bank’s latest earnings forecast submitted to the Nigerian Exchange Group. This represents…
By Esther Agbo United Bank for Africa Plc (UBA), in line with its commitment to fostering financial inclusion and rewarding loyalty, has awarded over N17 million to 30 customers in its latest savings promo draw, marking a significant milestone in…
By Esther Agbo In an effort to bolster Nigeria’s financial sector and drive economic growth, the Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC), the Bank of Industry, the United Bank for Africa, Access Holdings Plc, and key…
By Esther Agbo Lagos State Governor Babajide Sanwo-Olu has earned the commendation of the World Bank for the transformation recorded in the State over the last five years. The multilateral institution said the State had not only been implementing programmes…
By Esther Agbo To enhance the adoption of Artificial Intelligence (AI) among Nigeria’s micro, small, and medium enterprises (MSMEs), fintech firm eTranzact International Plc has joined forces with the Enterprise Development Centre (EDC) of Pan-Atlantic University. The partnership, announced in…
By Esther Agbo Stanbic IBTC Holdings Plc has reported a remarkable 71 percent increase in profit after tax, reaching N116.36 billion in the first half of 2024, up from N67.92 billion in the same period last year. This growth comes…
The Federal Government has debunked claims that it plans to increase the Value Added Tax (VAT) rate from 7.5 percent to 10 percent. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun disclosed this in a statement…
Fintech companies including OPay, Moniepoint, and others have started notifying their customers of plans to begin deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by their customers starting from September 9. According…
By Seun Ibiyemi Guaranty Trust Bank Ltd (GTBank), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious…
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a dollar. This is according to a statement issued by Dr Williams kanaya, the Acting…
