The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange Limited on Monday. Announcing the dividends, the bank, which is in the process of transitioning into a holding company, said, “The Board of Directors, pursuant…
Wema Bank Plc saw its deposits grow by 59.65 per cent to N1.86tn in 2023 from N1.16tn in the previous year. According to the lender’s full-year 2023 audited financial statement filed with the Nigerian Exchange Limited, its profit before tax improved by 196 per cent to N43.59bn from N14.75bn in 2022 and return on equity…
Guaranty Trust Holding Company Plc has announced a N609.3bn profit before tax for the 2023 financial year. According to its audited consolidated and separate financial statements filed with the Nigerian Exchange Group and London Stock Exchange on Monday, PBT increased by 184.5 per cent from N214.2bn reported in the previous year. GTCO is one of…
Small and medium enterprises (SMEs) in Nigeria have great potentials and opportunities to earn foreign exchange (forex) if their products are well branded and packaged to meet international standards. Managing Director/Chief Executive, Export and Sell Limited, Nduka Udeh made this submission in his presentation titled: Earning FX By Exporting to USA and Canada, delivered at…
Daniel Precious Odunola, a winner of the FirstBank Win Big promo, Ini Ebong, Executive Director, Treasury and International Banking, FirstBank and Nnaji Alphonsus Chukwudi, a winner of the FirstBank Win Big promo, during the fourth and final raffle draw of the FirstBank Win Big promo held at the FirstBank Head Office, recently. First Bank of…
Investing towards the long term and retirement can seem daunting for most Nigerians. However, a member of FCMB Group Plc, FCMB Asset Management Limited appears to have insights into ways to simplify the journey towards a comfortable retirement. FCMB Asset Management Limited’s recent webinar, “Smart Retirement Investing Ahead”, educated and provided attendees with actionable strategies…
United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088 called the ‘Scan to Resolve Complaint’ Portal with code aimed at enhancing satisfaction and swiftly addressing customers’ disputes.The first of its kind innovative platform marks another significant step by the bank to revolutionise customer service and streamline complaint resolution processes. The…
Air Peace, a Nigerian airline, has announced an increase in capacity for its Lagos-London route in response to surging demands. This was disclosed via the airline’s official Facebook account on Wednesday. With more seats now available, travellers interested in flying to London with Air Peace have additional options to choose from. The statement read, “Due…
The Association of Nigerian Women Business Network has partnered with Unity Bank to reach over 90 women groups across Nigeria with Yanga Account, a product of the bank. In a statement from the bank on Wednesday, the partnership was launched as part of activities to mark 2024 International Women’s Day. It stated that at a…
