ACCESS BANK PLC, ENTERS INTO A DEFINITIVE AGREEMENT WITH FIRST PENSION CUSTODIAN NIGERIA LIMITED Access Holdings Plc has announced plans by Access Bank to divest from its pension custody subsidiary. The Group released a statement signed by the company secretary, Sunday Ekwochi and filed with the Nigerian Exchange Limited (NGX). According to the statement, the group is already in the process of divestment from this part of its business. The group announced that its subsidiary, Access Bank Plc, has entered into a definitive agreement with First…
WEMA BANK EMERGES ‘BEST 2022 OVERALL INVESTOR RELATIONS’ BRAND AT NIVA AWARDS Nigeria’s leading innovative financial institution, Wema Bank at the weekend added to its trophy chest by winning the ‘Best Overall Investor Relations’ award at the Nigerian Investor Value Award (NIVA). Organised by BusinessDay, West Africa’s leading provider of business intelligence and one of the most trusted news organizations in the country, NIVA recognizes stellar performance of the public companies creating value on the Nigerian Stock Exchange based on criteri…
AFRICA FINTECH SUMMIT RECOGNIZES ECOBANK WITH “EXCELLENCE IN FINTECH-BANKING RELATIONSHIPS” AWARD Africa Fintech Summit has awarded Ecobank Group with “Excellence in Fintech-Banking Relationships” award in recognition of the bank’s activities to support and facilitate fintech growth on the African continent. The award was given at its last meeting in Washington DC, United States of America. Africa Fintech Summit is a global knowledge-sharing platform that connects innovators, regulators and entrepreneurs, facilitating conversations and partn…
IFO LG CHAIRMAN INSPECTS ROAD CONSTRUCTION, REITERATES COMMITMENT TO GRASSROOT DEVELOPMENT The Executive Chairman, Ifo Local Government, Hon. Chief (Mrs.) Kikelomo Aridunnu Delano has promised more development and dividends of democracy to the people of the Council Area in the current fiscal year. She made the promise on Monday 16th May, 2022 during her inspection of the ongoing 100 Metres Fufu Market Road in Ifo. According to the Chairman, the scope of the project includes the asphalt laying of the road, clearing of refuse in the market, reh…
‘NO LEVEL PLAYING FIELD’ STANBIC IBTC FOUNDER KNOCKS EMEFIELE-LED CBN OVER STATE OF ECONOMY Atedo Peterside, founder of Stanbic IBTC Bank Plc and Anap Foundation, has blamed Godwin Emefiele’s led Central Bank of Nigeria’s activities, especially multiple exchange rate regimes, as one of the factors dissuading investors from investing in the country. Speaking on Tuesday at the Vanguard Economic Focus themed ‘National Plans & Performance: Gaps, Learnings & Opportunities’, in Lagos, Peterside said there was no level playing field for busin…
UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions – was first introduced in January, 2018. It has since evolved to become a custom-fitted, personalised virtual banker to several UBA Customer…
Stanbic IBTC Bank Nigeria PMI®: Private Sector Activity Growth Slows In March, But Remains Steady Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Stanbic-IBTC-BANK Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest moderation. Nonetheless, growth remained elevated by historical standards and firms continued stockpiling efforts in anticipation of greater demand over the coming months. Meanwhile, s…
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