BANKING

  Zenith Bank Plc has retained its position at the number one bank in Nigeria by Tier-1 capital in the 2021 Top 1,000 World Banks ranking published by the Banker Magazine. The Group Managing Director/Chief Executive of the bank, Mr Ebenezer Onyeagwu, disclosed in a statement made available to the...

Ecobank Nigeria has announced the promotion of 682 staff effective May 1st, 2021 representing 26 per cent of its core staff despite the impact of the COVID-19 pandemic and all the attendant impact on business performance globally. This, according to a statement signed by the Managing Director, Mr. Patrick Akinwuntan,...

CIBN solicits Ecobank’s collaboration, unveils new strategic initiative “A-TEAM” The Chartered Institute of Bankers of Nigeria (CIBN) has unveiled a new Strategic Initiatives with the acronym “A-TEAM” being part of efforts by the institute to revamp banking practice in Nigeria. Speaking during a courtesy visit to the Management of Ecobank...

The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the report, the Acting Director, Corporate Communications Department, CBN, Osita Nwanisobi, described it as, “fake news” and should be discarded in its entirety. He said: “The report...

 No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten states last week. The 30 winners who won cash prizes totalling N10 million emerged during the final business pitch in the fifth edition of the...

  Great visions attract the best people, and so is the case at Ecobank Nigeria. The Nigerian franchise of the Pan-African financial institution is making good on its mission to empower Nigerians with all the tools to take control and make the most of their finances. With the recent revamp...

  “Be an Ecobank Xpress agent and get mouth-watering rewards” – Kolawole   The Head, Agency Banking, Ecobank Nigeria, Olanike Kolawole has said there are many inherent rewards and benefits of being an agency banking partner, also known as Xpress Point agent of the bank. Kolawole, who was speaking on...

In its drive to boost financial literacy among students in primary and secondary schools across the nation, Nigerian lender, Unity Bank Plc has flagged off Season 2 of its pioneer educational gameplay, the One Minute Genius, OMG. The OMG 2.0 game play, which kicked off in May 3, 2021, on...

Heritage Bank in partnership with the Road Transport Employee's Association of Nigeria (RTEAN) has launched the Travelers' Accident Insurance Scheme (TAIS) to assist road accident victims across the country. The scheme which was launched on Friday, aims to address deaths associated with inability of travelers involved in accident to offset...

  The renowned ratings agency Moody’s said on Thursday that it has placed First Bank of Nigeria on review for downgrade after the Central Bank of Nigeria (CBN) sacked the board of the lender and its parent and appointed new directors. According to the organization, “The review will focus primarily...