FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions. The ongoing 2-month promo will e…
Fidelity Partners SMEDAN to Empower SMEs Lagos, Nigeria: 26 September 2022: In what has been termed a major move to bridge the gap in helping small businesses access much needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding (MOU) signing ceremony held in Lagos recently, the Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe…
MY PIKIN & I : LAPO MFB TO REWARDS SAVERS Nigeria's flagship Micro finance bank and a premium brand in the financial services industry, LAPO Micro Finance Bank, is set to reward loyal customers at it's "My Poking and I" raffle draw scheduled for September 30, 2022. Savers in the My Pikin & Promo shall be rewarded in a raffle draw event where lucky customers shall win various prizes, including a star prize of a tricycle, among many other life transforming prizes. Addressing a press conference on the forthcoming pro…
Heritage Bank, others canvass adequate Agric Financing for finance services repositioning Heritage Bank Plc has affirmed that adequate agricultural financing is critical in defining Nigeria’s trade competitiveness, which guarantees sustainable agricultural systems, generates foreign exchange – a critical aspect that equips the financial sector to respond to changing market requirements and address critical sector needs for global competitiveness. The Executive Director of Heritage Bank Plc, George Oko-Oboh disclosed this, during the Chartere…
Sterling Bank Announces Change Of Name The shareholders of Sterling Bank, one of the commercial banks in Nigeria, has finally announced moves to change the bank’s name after converting it to a holding company. They have also approved the transfer of the bank’s investments into the HoldCo, which will serve as a parent company. Over 28,790,418,124 ordinary shares of 50 Kobo each in the Issued and Paid-up Share Capital of the bank are held by the Scheme Shareholders, and were all transferred to Sterling Financial Holdings Company Limited. By t…
Lagos CJ Appeals To Govt. Over Igbosere High Court Reconstruction The Chief Judge of Lagos State, Justice Kazeem Alogba has appealed to the state government to urgently look into the reconstruction of the Igbosere High Court which was burnt in the wake of the violence which trailed the Endsars protests Justice Alogba made the appeal after a minute of reflection in a sober mood during his vote of thanks to mark the opening of the 2022/2023 Legal Year of the Lagos State Judiciary at the Lagos Central Mosque, Lagos Island. He lamented the destru…
Consumers Groan Over Rising Inflation There is no denying the fact that not a few consumers are groaning under the increasing rate of inflation which has made most essential goods and services to be unaffordable across markets. Ostensibly to buttress the unfavorable market situation, the National Bureau of Statistics (NBS) in its recent Report on inflation says the inflation rate rose to 20.52 percent August 2022. In its report titled, ‘CPI and Inflation Report August 2022’, the Bureau stated, “In August 2022, on a year–on–year basis, the head…
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