Bank unveils hackaholics 2.0 winners
Wema Bank's Hackaholics 2.0, an acceleration aimed at helping startups scale and gain entrance into the market, came to an exciting end as the finalists were unveiled on Wednesday
Bank to leverage Nigeria’s Fintech market, acquires MFI
A Developmental Investment Bank, DLM Capital Group, has revealed plans to expand into Nigeria’s million-dollar fintech industry following its acquisition of Links Microfinance Bank.
Bank shareholders endorse N94.19b dividend payment
Shareholders of Zenith Bank Plc have approved a final dividend of N2.70 kobo, bringing the dividend declared for the 2020 financial year to N3, with a total value of N94.19 billion.
Total bank credits rose to N25 trillion in December
The total banking sector’s credits rose by N774.28 billion in December, hitting N25.02 trillion at the end of the year.
Zenith wins Nigeria’s most valuable bank
Zenith Bank Plc. has again emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2021.
Banks’ credit assets hit N19.5tn as NPLs decline
The total credit by Nigeria’s banks rose to N19.46 trillion as of September this year, the latest industry data has revealed. At the end of quarter two of the year, the credit asset of the banks stood at N18.9 trillion
Brand promotes customer service with Our Bank slogan
As part of efforts to provide exceptional customer service and reduce the financial exclusion ratio among Nigerians, 9PSB, a payment banking company, has unveiled its slogan tagged, Our Bank. Designed to operate simpler, convenient, and more reliable channels for customers to conduct financial services, it is also the first Payment Service Bank to address critical…
Comercio Partners emerges best boutique investment bank
Comercio Partners Limited, a leading investment bank in Nigeria, was honoured as ‘the Best Boutique Investment Bank of the Year’. It won the award at the BusinessDay Banks and other Financial Institutions (BAFI) awards, held in Lagos at the weekend. The firm concluded a rebranding exercise in September to redefine its philosophy, essence and new…
Nigerians will tolerate higher prices to have lower interest rates – Survey
A survey by the Central Bank of Nigeria (CBN) has revealed that Nigerians, given a trade-off, are willing to pay more for goods and services to have lower interest rates. The preference as contained in the ‘Q3 Inflation Attitude Survey Report’ released yesterday, shows that Nigerians are still comfortable with the impact of rising prices.…