…Sponsors 2nd Workshop for Women-led SMEs in Lagos FirstBank Sustainability Centre has reinforced its commitment to promoting empowerment, entrepreneurship and financial inclusion amongst women through its sponsorship of a workshop for Women owners of SMEs in Nigeria. The event, which is the second in the series of workshop for women led SMEs is part of […]
Firstbank Partners Etisalat To Promote The Use Of STK Menu By Mobile Money Users On Firstmonie And Easywallet In recognition of continued efforts to drive financial inclusion, lead innovation in mobile payment systems and support the CBN cash-less policy, First Bank of Nigeria Limited and Etisalat Nigeria have partnered to make mobile payments more accessible […]
The management of the Heritage Banking Company Limited has distanced itself from the information, relating to the ongoing nationwide online recruitment registration exercise by it. In a press release signed by the Head, Media Research and Analysis (Heritage’s PR firm), Ganiyu Olowu, the Bank stated its attention has been drawn to information making the rounds on social media, recruitment portals/blogs […]
By Niyi Adeyi Following approval by the apex Bank, the Nigerian second operator of outbound money transfer services, MoneyGram, will soon kick-start its extended services from Nigeria to over 200 countries. In a press release sent to the AFRICAN EXAMINER, there are strong indications that the new services will take off next […]
United Bank for Africa (UBA) Plc in partnership with Verve International has launched an offer tagged “UBA Verve Rewards” in which Cardholders could win e-cash, free airtime, Nokia mobile phones and up to N35,000 cashback Cardholders who use their UBA issued Verve cards to initiate a minimum of five POS or VAS (value added service) […]
In its drive to ensure due compliance to the new guidelines regulating international money transfers, the Central Bank of Nigeria (CBN) has directed all international money transfers to be carried out in naira. The directive was contained a in 19-page document posted on the central bank website on Wednesday. The apex bank urged money transfer […]
The Bankers’ Committee has stated that it might be difficult for the Central Bank of Nigeria to achieve lower interest rates for the country owing to the current macroeconomic environment. The committee stated this at end 316th meeting of Bankers’ committee held at the headquarters of the CBN in Abuja on Tuesday. The committee noted […]
The Central Bank of Nigeria (CBN) has made good its fresh policy as it has ordered Banks to refund illegal fees charged customers in the last 12 months. The order was contained in a circular titled: ‘Implementation of the revised guide to bank charges -Commission on Turnover’, issued by the apex bank and signed by […]
Oyewale Oyelola Effective taxation and prompt payment of tax have been described as backbone of emerging economy like Nigeria. The Head of Tax, Deloitte leading international Audit and consulting firm, Fatai Folarin said this in Media Interview aired on Channels Television monitored by our correspondent in Lagos. According to him, “Nigerians must develop tax paying […]
Promises Strict Penalties For Operators Who Fail To Settle Claims Kayode Adelowokan National Insurance Commission (NAICOM) has refuted claims by the Nigerian Council of Registered Insurance Brokers (NCRIB) that the regulators had waived the submission of 2013 account for council members in order to be trained on the Financial Reporting Council (FRC) requirement, International […]
Kayode Adelowokan, Lagos Guaranty Trust Bank plc has announced its audited financial results for the year ended December 31, 2013 to the Nigerian and London Stock Exchanges. A review of the results shows a strong and positive performance across all financial indices and also affirms the Bank’s position as one of the most profitable financial […]
First City Monument Bank Limited has partnered with the Trade Union Congress (TUC) and Rock of Ages Properties Limited to build 100,000 housing units for workers across the country. The Bank was selected based on its track record in projects financing in all sectors of the economy. Under the arrangement, which is to be executed […]
IGNATIUS OKPARA, Enugu For failing to pay their various forms of taxes and approved levies, the Imo State government Thursday sealed up bank premises found wanting in Owerri, the Imo State capital, leading to the total paralysing of commercial and social activities in the area. However, the Governor Rochas Okorocha led government’s action compelled […]
Kayode Adelowokan, Lagos Damming the on-going strike action of the Academic Staff Union of Universities (ASUU), the management of Enterprise Bank Limited has reaffirmed that the strike does not affect “The University Staff Cluster Loan,” which was launched recently. The product is designed to avail staff of Nigerian universities, both academic and non academic staff, personal […]
Kayode Adelowokan, Lagos Guaranty Trust Bank plc, one of the leading banks in Nigeria, has launched a new product called ‘GTExpress’ service. The GTExpress is a comprehensive agent banking service that allows customers access financial services at convenient locations. The bank disclosed this in a press statement made available to africanexaminer.com signed by the Head, […]
The African Examiner United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years […]
Kayode Adelowokan, Lagos Royal Exchange Insurance Plc has announced the passing away of its Group Head, Corporate Communications, Mr. Austin Agbareh, which sad event occurred on Wednesday, November 20, 2013, in India where he was receiving treatment for an ailment. Agbareh was 56 years. He joined the Royal Exchange family on April 6, 2010 as the […]
As a way of bringing the teeming percentage of the unbanked population on board the banking train, Skye Bank Plc has intensified efforts to provide financial services to this class of people through a range of product offerings. The Executive Director in charge of South South Business Development/Retail Banking, Skye Bank Plc, Mrs Ibiye Ekong, […]
Kayode Adelowokan, Lagos As part of the activities to commemorate the 2013 ‘Global Literacy Day’, employees of Skye Bank Plc have donated books worth millions of naira to a public school school in Rivers State, Community Secondary School, Nkpolu. The bank employees partnered with a non-governmental organization, Chamagne Foundation, to champion the worthy initiative. Speaking […]
The African Examiner Investors that take position on UBA shares now have the chance of making as much as 45% return over the next 12 months writes US based Investment banking giant, JP Morgan, in its latest analysis of Nigerian banks. “UBA offers an attractive 45% upside potential over 12 months, among the highest in […]
