Providus Bank Limited says it has collaborated with MasterCard to introduce an innovative payment solution for business customers, to facilitate seamless transactions for both payment and collection purposes. A statement said while speaking at the launch of the new solution named Amphi card, the Managing Director of the Bank, Mr Walter Akpani, emphasised the institution’s…
Wema Bank, in partnership with the Federal Government, has commenced virtual training in the FGN/ALAT Digital Skillnovation Programme for small and medium enterprises. A statement said the programme launched in September 2023, had witnessed hundreds of thousands of business owners, aspiring business owners, working-class professionals and jobseekers expressing keen interest in developing their digital skills,…
United Bank for Africa Plc, has emerged as the African Bank of the Year at the 2023 Bankers Awards organised by The Banker Magazine; a publication of the Financial Times of London. A statement on Sunday said UBA Group won nine awards at the event. Apart from the Bank of the Year Africa award, the…
FCMB Group Plc grew its gross revenue by 75.7 percent to N351.5bn in the first nine months ended September 2023, from N200bn in the corresponding period of 2022. The results filed with the Nigerian Exchange Limited indicated that the gross earning was driven by a 55.1 percent growth in interest income and a 144.6 percent…
The Federal Inland Revenue Service has offered a complete waiver on penalties and interests for overdue taxes, contingent on full principal payment before December 31, 2023. This announcement was made through a statement issued by Dare Adekanmbi, the special adviser to Chairman of FIRS, Zacch Adedeji, on Sunday. The chairman highlighted that the agency typically…
Access Bank Plc and Asolar- a sustainable energy firm, have launched a green energy solution to tackle power supply challenges faced by small and medium enterprises (SMEs) and rural communities across the country.The products under the energy solution included solar-powered television, air conditioners, and Point of Sales (PoS) machines among many others. These were launched…
Ecobank Group grew its gross earnings by 59 per cent to N1.21tn at the end of September 2023 from N761.29bn as of the same period in 2022. This was indicated in the Audited Consolidated Financial Statements For the period ended 30 September 2023 filed with the Nigerian Exchange Limited on Thursday. Ecobank had delayed the…
FCMB Group Plc doubled its pre-tax profit by 108 per cent to N55.1 billion in the third quarter of 2023 amid increasing market penetration.Interim report and accounts of FCMB Group for the nine-month period ended September 30, 2023 showed that profit before tax rose from N26.5 billion in third quarter 2022 to N55.1 billion in…
United Bank for Africa (UBA) Plc has kicked off the beginning of the yuletide season in a grand ceremony marked with fireworks and melodious Christmas carols. The ceremony attended by staff, customers and members of the general public was held at the well decorated UBA Foundation Garden in Marina, Lagos. Through its corporate social responsibility…
