Governor lauds Fidelity Bank’s FHHP initiative
THE Fidelity Bank Helping Hands Programme (FHHP) has been identified as a veritable tool to reducing the growing inequality in the society. Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, who made the observation, while commissioning the state’s Orphanage Home, renovated by staffers of the lender, commended the initiative. Speaking at the occasion, the Governor…
GTBank wins Euromoney’s award
The Euromoney Awards for Excellence covers more than 20 global product categories, best-in-class awards and the best banks in over 100 countries around the world by recognizing institutions that have demonstrated leadership, innovation, and momentum in the markets they operate.
Investors seal pact on capital restructuring of N15b Aba IPP
The sponsors and creditors of the Aba Integrated Power Project (Aba IPP) and Afrigem Integrated Utilities Limited have signed the transaction implementation agreement for additional equity investment and total capital restructuring of the scheme, preparatory to the commissioning of the plant in November.
Zenith Bank commits to global standards, bags certifications
Zenith Bank Plc has pledged commitment to global best practices, as part of efforts to deepen its brand and ensure good customer experience.
Stanford Microfinance opens shop in Akwa Ibom
Stanford Microfinance Bank has started operations in Uyo, Akwa Ibom State, after its registration with the Central Bank of Nigeria(CBN) and other regulatory agencies.
UBA unveils code for submission of BVN registration
United Bank for Africa Plc (UBA) has unveiled a short code for its customers, who may have registered in other banks, to enable them submit their Bank Verification Number (BVN) into the bank’s database. The bank also said it has put measures in place to ensure convenient and hassle-free process, leveraging on its information technology…
Exploring new opportunities in banking through innovation
bankWith the nation’s banking industry getting more deeper into competition, innovative approach to financial services may have become an edge factor. Besides, contrary to the belief that ideas are just good enough, banks’ ability to turn the ideas into reality to solve customers’ varying needs are becoming new value propositions, especially with Information Technology…
Raising budget revenue with tax: Banks’ perspective
With the issue of low revenue to fund 2015 fiscal plan overhanging, CHIJIOKE NELSON x-rays what prospects and challenges are there for increased tax rates in the banking sector. The country, no doubt needs revenue to fund the 2015 budget, which is already in deficit to over N1 trillion mark. But the possibility of increasing…
How to get started with forex trading
The forex market offers many opportunities for investment and potential profit that can suit a wide variety of trading styles and money-management strategies. There are, however, certain factors and guidelines that every new trader needs to consider in advance, so as to begin trading on a strong foundation. In this article, I will discuss these…
Ports: Stakeholders Count Gains Of Commercial Regulation
ONE year and six months into its commercial regulation of Nigerian ports, the Nigerian Shippers’ Council (NSC) has demonstrated that the Federal Government displayed great wisdom when it appointed it into the role, as it has recorded some gains to the delight of industry stakeholders.