Fidelity Bank gives detailed explanation on viral video of musical band in Anambra
Fidelity Bank PLC., has reacted the viral vide of alleged customer with a music band outside one of its branches in Anambra State, Nigeria. The Bank, in a statement signed by Meksley Nwagboh, Divisional Head, Brand and Communications, said contrary…
APCON to sanction Sterling Bank for provocative advert on Risen Jesus
The Advertising Practitioners Council of Nigeria (APCON) has described as offensive and provocative, an Easter advert by Sterling Bank Plc comparing the resurrection of Christ with the rising of Agege Bread. APCON also said the advert copy was not submitted…
Access Bank transforming to full financial services holding come May 1st
Africa’s largest bank, Access Bank Plc has completed all terms and conditions that will allow it transform from core banking into a full financial services holding company come May 1st 2022. The Managing Director, Access bank, Herbert Wigwe, who made…
NGX unveils West Africa’s first Exchange Traded Derivatives Market
Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, is pleased to announce the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts on 14 April, 2022. This is consistent…
Business Risk Reduction In Relation To Growth—Adenusi
The growth of the risk management industry in Nigeria results from the support it has received from key financial and capital market regulators in the country. Mr. Joachim Adenusi, the Founding Partner and Chief Executive Officer Conrad Clark Nigeria Ltd.,…
How The Address Homes Is Changing Face Of Luxury Apartments In Nigeria
Globally, ‘There’s no place like home,’ or better put, ‘Home is where the heart is.’ These popular sayings affirm the truth that a home is a place that is always desirable. It exists in the mind’s eye as much as…
When MDAs owe FG N5.2tn, can budget perfrom?
Federal Government has uncovered debts worth about N5.2 trillion owed by over 5,000 debtors across 10 Ministries, Departments and Agencies (MDAs). Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this at the official launch of Project Light…
CBN grants final approval for MTN to run Momo PSB
With the latest approval by the Central Bank of Nigeria (CBN), MTN Nigeria will become one of the latest entrants into the Nigerian banking industry. Otherwise, the Central Bank of Nigeria (CBN) has granted Momo PSB, a subsidiary of the…
EIB supports Ukraine, raises € 791m clean energy, health, water investment
Board of Directors takes stock of record time disbursement of € 668 million to Ukraine Board approves renewable energy, water, health, urban and rural investment For the first time InvestEU backs EIB projects unlocking increased EIB support for education, energy,…
Fidelity Bank jumps PBT by 35.7% to N38.1bn for FY 2021
……Proposes dividend of 35 kobo Per Share Nigeria’s financial giant, Fidelity Bank Plc has recorded 35.7% growth in Profit Before Tax for its 2021 financial year to close the year at N38.1bn according to the bank’s recently issued financial result….
