Africa’s leading payment cards and digital tokens brand, Verve, in partnership with First Bank has rewarded the grand prize winner of the Transact and Win Promo, Mr. Olakunle Animasaun, the Chairman of Kanwal International Limited, with a brand-new Suzuki S-Presso…
Naira on Wednesday weakened against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke to journalits in Lagos, said the local currency depreciated by N15 or 2.3…
By Seun Ibiyemi The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan has said that all Deposit Money Banks (DMBs) in Nigeria, including Polaris Bank are safe and sound. Hassan made the clarification on the sideline of a three-day…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, would host the 2022 Stanbic IBTC Africa China Trade Expo as part of its efforts at promoting trans-regional trade and development between Nigeria and China. The trade expo would feature…
Fidelity Bank got an upgrade from Fitch Ratings last month in its long-term issuer default rating (IDR) from ‘B-‘ to ‘B’, an indication of the increased creditworthiness and excellent track record of the bank. Notably, the rating agency also upgraded…
Philemon Adedeji Jaiz Bank Plc’s has reported its unaudited financial results for the second quarter ended 30 June 2022, revealing a 27.6 per cent increase in Profit After Tax (PAT) from N1.99 billion declared in half year H1 2021 to…
By Seun Ibiyemi The Lagos Chamber of Commerce and Industry (LCCI) has raised alarm and called on the Federal Government to adopt measures to increase the country’s revenue and borrow from cheaper sources to cushion Nigeria’s debt portfolio. Dr Michael…
Nova Merchant Bank, a leading merchant bank in Nigeria has announced the appointment of two Independent Non-Executive Directors and one non-Executive Director as it elevates about 20 per cent of its workforce to various grade levels in the Bank. The…
The First Bank of Nigeria Ltd. has rewarded the grand prize winner of its Verve Card campaign, Mr Olakunle Animasaun, the Chairman of Kanwl International Ltd., with a brand new car. The 14-week promo in partnership with Verve was designed…
The management of Polaris Bank has discredited an online report in the purported sale of the bank by the Central Bank of Nigeria (CBN) to private individual for N40 billion. The management of the bank debunked the sale in a…
