Keystone Bank Limited has been named ‘Retail Bank of the Year’ at the 2024 Africa Industrial and Development Conference and Awards. The prestigious award was presented during the Nigeria Middle East Investors Expo and Awards ceremony held at Transcorp Hilton, Abuja, over the weekend. The Africa Industrial and Development Conference and Awards is an annual…
The Minister of Agriculture and Food Security, Abubakar Kyari, announced a comprehensive strategy set to unfold over the next six months aimed at tackling Nigeria’s soaring food prices. Kyari outlined key initiatives including a 150-day duty-free import window for essential food commodities such as maize, husked brown rice, wheat, and cowpeas, intended to stabilize prices…
Access Holdings Plc, one of Africa’s leading financial services groups, has announced the commencement of its N351 billion Rights Issue. This initiative, part of the Group’s broader capital-raising programme aiming to generate up to $1.5 billion, is designed to bolster its financial foundation and support ongoing working capital needs, including funding for organic growth across…
Lagos, Nigeria – At the ‘Blackbelt Graduation Ceremony’ organized by 1 Million Teachers, an international teacher training organization, on Saturday, July 6, 2024, Adeniran emphasized the importance of quality delivery in education. The event, co-sponsored by Airtel Nigeria, took place at the Lagos Country Club, Ikeja. The panel, titled “Leveraging Expertise and Innovations for Advancing…
By Ayomide Otitoju Zenith Bank Plc has been named the Best Commercial Bank in Nigeria for the fourth consecutive year at the World Finance Banking Awards 2024. Additionally, the bank secured the Best Corporate Governance award for Nigeria for the third straight year in the World Finance Corporate Governance Awards 2024. Published in the Summer…
MTN Nigeria Communications Plc has reported a significant contribution of ₦549.3 billion in taxes and levies to the Nigerian government for the year 2023. This information was disclosed in the company’s 2023 Sustainability Report, filed with the Nigeria Exchange Limited. The report highlights MTN Nigeria’s achievements in expanding connectivity and enhancing its nationwide coverage. The…
OPay, a leading financial technology company in Nigeria, has reassured its customers that their deposits are now insured up to ₦5 million, in line with the industry standard set by the Nigeria Deposit Insurance Corporation (NDIC). This update emphasizes OPay’s commitment to financial security and aligns its deposit protection standards with those of other commercial…
Union Bank of Nigeria has announced the promotion of 337 employees across various departments, highlighting its commitment to recognizing and rewarding dedication and outstanding contributions. In a statement released by the bank, Managing Director and Chief Executive Officer Yetunde Oni acknowledged the hard work and exceptional performance of the promoted employees during a recent town…
Fidelity Bank has announced plans to increase its issued share capital from N22.6bn to N26.7bn by creating up to 8.2bn additional ordinary shares, each valued at 50 Kobo. This decision aligns with the new minimum capital requirements set by the Central Bank of Nigeria (CBN). The announcement was made in a corporate notice filed with…
