Business Hilights

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Banking/Investments

Heritage Bank upgrades HB ‘Padie’ Mobile App for easy access to banking services

Heritage Bank plc, Nigeria’s most innovative banking service provider has upgraded its HB ‘Padie’ mobile application to HB ‘Padie’ 2.0, which comes with new improved features for convenient, quick, secure and affordable way for seamless 24/7 banking transaction. The HB…

Nigerians banks not just coming, they’ve already arrived in Kenya

The sale of Kenya’s Transnational Bank to Access Bank of Nigeria should have been a big headline. Access is not the first Nigerian bank to get a foothold in Kenya; Guaranty Trust (GT) and UBA already have a presence here….

Another look at new CBN’s Global Standing Instruction policy

By Innocent Orok The Central Bank of Nigeria (CBN) earlier in the week, released a new policy called Global Standing Instruction (GSI). The policy is a very welcome policy. Below, I tried to summarize the major points of the policy….

PwC tax chief, Dr Nevin gives exclusive insights on Nigerian tax loopholes

Leading global tax analyst and Chief Economist at PwC Nigeria, Dr Andrew Nevin spoke via skye from Canada with Nigeria’s cable TV, ARISE on Tuesday on a crucial tax corruption and illicit financial flows. Aside the perfect background provided by…

Nkontchou, a Cameroonian now heads Ecobank Transnational Incorporated board

Technology driven continental financial giant, Ecobank has announced the appointment of Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015, as Board Chairman of its holding company, Ecobank Transnational Incorporated (ETI), with effect from 30 June 2020. In accordance…

NSE introduces comic books to pull traction to market investment

The proliferation of dubious investment schemes that often result in loss of money by unsuspecting members of the public continues to make the role of financial literacy imperative. To play its part, Nigeria’s leading bourse, the Nigerian Stock Exchange (NSE)…

Editorial: When did CBN, Bankers’ Committee develop asset investment arm?

The weekend’s colourful handover of the massive National Theatre, Iganmu, Lagos built in 1976 for hosting of FESTAC ’77 under Gen. Olusegun Obasanjo, has continued to generate reactions from investment experts. Weekend and Sunday, July 12, 2020 to be precise,…

Ecobank introduces seamless cardless ATM services nationwide

Pan African bank, Ecobank Nigeria has introduced cardless Automated Teller Machine (ATM) services across its branches nationwide with seamless and well secured usage by customers. Checks by Business Hilights Intelligence Unit (BHIU), an independent business research department within Business Hilights…

Agent banking, banks’ digital payment platforms gain traction amidst Covid-19

In the last few months of lockdown and gradual ease by both the Federal Government and states governments, there had been serious drop in banking hall transaction with geometric jump in digital transactions driven by agent banking and banks’ digital…

Access Bank closes in on Zambian bank months after acquiring Kenyan bank

Cruising to becoming leading lender across Africa, Nigeria’s top tier-1 financial giant, Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through…