Heritage Bank committed to women empowerment—Sekibo
Managing Director, Heritage Bank, Mr. Ifie Sekibo, has said the financial giant will continue to lend support to causes that promote women empowerment so that their contributions to the national social-economic development will be impactful. Speaking at the ‘Raising Girls…
‘Digitize or Die’: Study warns African retailers’ to key in or go extinct sooner
Firmus Advisory, a leading Market Research, Regulatory Compliance and Trade Development study group, has advised operators of retail industry in Africa and mainly Ghana to keep up with digital trends and understand the changing lifestyles and demands of their customers….
Banking halls may soon look like dusty Post offices if…
The Retail Banking Report 2019 has shown that fast emerging digital deposit and payment platforms globally, are beginning to change the financial transaction behavior of bank customers by taking them away from the physical branches to digital platforms especially in…
Fidelity Bank’s 9 months profits jumps to N23bn set to deliver 2019 targets
Leading retail banking giant, Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period…
Drawback for financial inclusion drive as FG begins N50 PoS charge
Mild confusion is gradually engulfing users of Point of Sale (PoS) device to pay for goods especially at filling stations across the federation. This stemmed from the resumption of N50 tax introduced by the Federal Government to raise revenue. The…
Access Bank’s results show strong growth in gross earnings, profitability
Facts have continued to emerge from the latest unaudited nine months (9M-19) results posted by Access Bank Plc. The result, which was in line with the performances recorded by the bank so far in 2019, also indicated strong growth in…
Heritage Bank, Zamfara, PAC update Buhari on AEIB cooperation
The management of Heritage Bank, Zamfara State Government and the Pan African Capital, at the just concluded Russian-African Summit in Sochi, Russia, held a meeting to brief President Muhammadu Buhari on the African Export Import Bank cooperation. During the meeting,…
(Special Report) Investment impacts on Deep Offshore, Inland Basin PSC Bill 2019
BACKGROUND Let us bring to mind for the essence of this analysis that the Senate, on Tuesday October 15, 2019, passed the Deep Offshore and Inland Basin Production Sharing Contracts (Amendment) Bill, 2019 (“PSC Amendment Bill”). This is sequel to…
Access Bank buys Kenyan bank, raises customers’ confidence on D’Extra Account
Just as more winners have continued to emerge in the ongoing Diamond Extra Account promotion nationwide, the Competition Authority of Kenya (CAK) has given Access Bank the approval to acquire 93.57% of Transnational Bank Ltd., one of the leading financial…
Chinese bank’s $629m changing the face of Lekki Seaport scheme—Sanwo-Olu
Reference to the vote of $629 million made by China Development Bank (CDB) on the Lekki Seaport project, the Lagos State Government has averred that the milestone will change the narrative of infrastructural financing in Nigeria and the state in…
