Union Bank Honours Outgoing CEO, Emuka Emuwa, welcomes Emeka Okonkwo
Union Bank of Nigeria Plc took to Nigerian Exchange Group (NGX Group) Plc’s platform to honour its outgoing Chief Executive Officer (CEO), Mr. Emeka Emuwa and introduce the incoming CEO, Mr. Emeka Okonkwo to the capital market at a digital…
Winners emerge in Heritage Bank’s ‘YNSPYRE’, Cream Platform Promo
Winners have emerged at the Heritage Bank Plc, ‘YNSPYRE’ Cream Platform Promo held in Abuja recently. CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with the commencement of the CREAM Monthly…
Why Buhari reappointed Alex Okoh, BPE boss for another 4 years
Concerned by the need to deliver on record time, ongoing planned concessioning of several moribund national assets, President Muhammadu Buhari has re-appointed Alex Okoh as the Director-General of Nigeria’s Bureau of Public Enterprises for a second four-year term. Senior Special…
New directive on MTN Mobile Money cash out transactions worry users in Ghana
MTN Mobile Money (Momo) users in New Juaben North Municipality have expressed dissatisfaction over the network’s decision to introduce a valid ID in its cash out transaction, saying it would increase fraudulent activities. The directive is not yet introduced in…
Heritage Bank marks 2021 World Water Day with donation of boreholes
Heritage Bank Plc, last week joined the rest of the globe to celebrate the World Water Day (WWD) 2021 with plans to assist a community in dire need of clean water by installing a bore hole. The theme for this…
Nigerian-born Adeyemo becomes first black US deputy secretary of treasury
The US Senate has confirmed the nomination of Nigerian-born Adewale Adeyemo as the deputy secretary of the treasury department. The feat makes him the first African American to hold the position. Adewale Adeyemo’s appointment was confirmed on last Thursday on…
Ecobank Group posts N641.8bn revenue in 2020 financial year
Leading Pan African financial giant, Ecobank Group said it recorded a revenue of N641.8 billion for the year ended December 31, 2020. The feat represents nine per cent increase compared with N586.9 posted in the corresponding period of 2019. In…
Why CBN voted to hold all key parameters constant at MPC meeting
Faced with the dilemma of (1) maintaining an accommodative monetary stance to stimulate economic growth or (2) hiking interest rates to tame rising inflationary pressures, the Monetary Policy Committee (MPC) voted to hold all key parameters constant. However, unlike the…
NQR payment solution to grow contactless payments – Ecobank MD
Managing Director of Ecobank Nigeria, Patrick Akinwuntan, has said that the introduction of the Nigeria Quick Response (NQR), code payment solution by the Nigeria Inter-Bank Settlement System, NIBSS, is strategic and timely as it will encourage contactless payments while also…
Zenith Bank Shareholders agree on N2.70 per share Dividend for 2020
Shareholders of Zenith Bank Plc, on Tuesday, approved proposed final dividend of N2.70 per share, bringing total dividend for the 2020 financial year to N3 per share, amounting to N94.19 billion. According to the audited financial results, profit before tax…
