Access Bank Plc unveiled an offline banking platform, 901. ng on Friday, to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country. Financial inclusion in Nigeria has increased to 74 per cent in 2023, up from 68 per cent in 2020. The Central Bank of Nigeria…
The Managing Director/Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has warned newly-inducted members of the Chartered Institute of Bankers of Nigeria that being a professional banker is not the route to becoming a billionaire. Suleiman said this on Saturday at the 2024 Stream 1 graduate induction and prizegiving day of the CIBN held in…
FirstBank of Nigeria Limited has reiterated its commitment to positioning its business to support customers’ wealth creation and financial success.Chief Executive Officer, FirstBank Group, Dr Adesola Adeduntan stated this at the Grand Finale of the WinBig Promo organised by the bank, during which 1,240 customers won N170 million worth of prizesAdeduntan, who was represented at…
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency warned currency speculators to desist from unpatriotic act against the national currency, saying racketeers would have their fingers burnt. The naira gain came a day after the local currency…
Of every two businesses in Nigeria, one is family-owned, a study by Moniepoint has stated. The report, released on Wednesday, noted that a lack of governance structure and succession planning were some of the challenges facing family businesses in the country. According to the fintech firm, the future of family-owned businesses remained bright due to…
Access Bank Plc, the flagship subsidiary of Access Holdings Plc, has entered into a binding agreement with Kenyan-based KCB Group Plc (KCB) for the acquisition of the entire issued share capital of National Bank of Kenya Limited (NBK) from KCB NBK is one of Kenya’s major banks with total assets in excess of $1.1 billion….
Her appointment, subject to the approval of the Central Bank of Nigeria, takes effect from June 1, 2024, according to the bank. “She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame (Dr.) Adaora Umeoji is the first female GMD/CEO since the inception of…
Polaris Bank’s International Women’s Day (IWD) webinar themed: ‘Empowering Voices: Women Leading Change,’ offered a dynamic platform for insightful conversations. The 2024 International Women’s Day (IWD) theme “Inspire Inclusion,” recognizes that despite progress made, women face significant obstacles to achieve equal participation in the economy. The webinar featured a distinguished panel of experts who discussed…
Wema Bank has stressed the need for inclusion and equity for women in the workplace and society. According to the Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, at the bank’s International Women’s Day event, all hands must be on deck to ensure a good representation of both genders. He reiterated that the lender…
