PalmPay sets aside N10b for savers Leading Fintech company, PalmPay said it has set aside N10 billion cash for users of its platform for savings. It said the cash is a form of reward for their saving habits in a new drive towards driving financial literacy. According to the[Read More…]
FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow Bloomberg announced that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). A statement by the bank, said, by integrating TOMS into[Read More…]
Nigerian Breweries Appoints Alabi As Head Of Corporate Communications Nigerian Breweries Plc has announced the appointment of Ayodele Alabi as Head of Corporate Communications. According to a statement signed by the Corporate Affairs Director, Nigerian Breweries Plc, Sade Morgan, the appointment takes immediate effect. Alabi is a seasoned[Read More…]
Polaris Bank signs up with PAPPS to ease customers cross border payment Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). A statement said that the cross-border financial infrastructure empowers the Bank’s existing and potential customers to execute trade and payments[Read More…]
Ecobank Shines At DBN Awards, Bags Three Laurels … Gets commendations from Stakeholders. Ecobank Nigeria has won 3 prominent awards signifying its’ support for MSME’s in Nigeria at this year’s Development Bank of Nigeria (DBN) Annual Service Ambassador Awards ceremony held in Lagos recently. The Bank bagged the following strategic[Read More…]
COP28: Tinubu unveils Bold vision for Greener Nigeria President Bola Tinubu says Nigeria is taking a significant step towards a sustainable and eco-friendly future by introducing a pioneering initiative to deploy a fleet of 100 electric buses. The President spoke at a high-level meeting with stakeholders and investors on[Read More…]
NECA celebrates Organised businesses at its Excellence Awards For staying through hard times, yet standing tall, Nigeria Employers’ Consultative Association, NECA took out time to celebrate organised businesses, investors and stakeholders. Organised businesses were celebrated at the third edition of the NECA Employers Excellence 2022 Awards for their[Read More…]
FirstBank Group appoints Olukorede Adenowo as new MD/CEO of UK subsidiary FirstBank Group has appointed Olukorede Adenowo as MD/Chief Executive Officer of FirstBank UK. According to Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited, Folake Ani-Mumuney, the appointment is effective from November 16, 2023, subject[Read More…]
CBN orders banks to freeze accounts without BVN, NIN from March 2024 The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to place a “No Debit” restriction on all accounts without a Bank Verification Number (BVN) and National Identification Number (NIN) from March 2024.[Read More…]
Fidelity Bank signs UN principles for Responsible Banking Fidelity Bank Plc has become an official signatory of the UN Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).[Read More…]
