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Stanbic IBTC Bank Completes First Inbound Commercial Transaction On PAPSS
Stanbic IBTC Bank Completes First Inbound Commercial Transaction On PAPSS Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has completed the first inbound commercial transaction on the Pan African Payment and Settlement System (PAPSS) in Nigeria, making history. PAPSS is an initiative of the African Union and the AfCFTA Secretariat, designed to provide a secure and efficient payment platform for African businesses, promoting intra-African trade and economic integration by facilitating payments and settlements for cross-bo…
ZENITH BANK RECORDS IMPRESSIVE 24% DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022
ZENITH BANK RECORDS IMPRESSIVE 24% DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022 Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According to the audited financial results for the 2022 financial year presented to the Nigerian Exchange (NGX), the double-digit growth in gr…
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GMW: Polaris Bank, CBN deepen financial literacy among young Nigerians
GMW: Polaris Bank, CBN deepen financial literacy among young Nigerians … donates books to libraries of 37 Secondary Schools nationwide Lagos, Nigeria - March 28, 2023: Polaris Bank has continued to deepen its financial advocacy role of educating and inculcating in young Nigerians the culture of savings, investment and financial awareness during the 2023 Global Money Week (GMW) event The week-long activity, which kicked off last Monday, March 20, and ended on Sunday, March 26, 2023, had 'Plan Your Money, Plant Your Future', as its th…
UNIVERSITY OF NIGERIA, NSUKKA HONOURS ZENITH BANK CEO, EBENEZER ONYEAGWU WITH A DOCTORATE DEGREE
UNIVERSITY OF NIGERIA, NSUKKA HONOURS ZENITH BANK CEO, EBENEZER ONYEAGWU WITH A DOCTORATE DEGREE CAPTION L – R: Vice Chancellor, University of Nigeria, Nsukka, Prof. Charles Arinzechukwu Igwe; Minister of State for Education, Rt. Hon. Goodluck Nanah Opiah; Pro-Chancellor and Chairman of the Governing Council of University of Nigeria, Nsukka, Amb. Bako Sani; Group Managing Director/CEO, Zenith Bank Plc, Dr. Ebenezer Onyeagwu; and Mrs Kachi Onyeagwu during the conferment of the Doctorate Degree in Business Administration on Dr. Onyeagwu by th…
cobank Takes “Financial Planning Education” To Schools
Ecobank Takes “Financial Planning Education” To Schools Lagos, March 27, 2023 – Ecobank Nigeria last week embarked on financial education for Secondary School students across the country on personal financial management including savings, budgeting, and investment being part of activities to commemorate the Global Money Week (GMW). Tutoring the students of Comprehensive School Management and Technology, New Layout, Abakaliki, Ebonyi state, Managing Director, Ecobank Nigeria, Bolaji Lawal, reiterated that “Saving is the act of putti…
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ACCESS BANK GETS APPROVAL TO ACQUIRE ZAMNIA’S AFRICAN BANKING CORPORATION
ACCESS BANK GETS APPROVAL TO ACQUIRE ZAMNIA’S AFRICAN BANKING CORPORATION Access Holdings, the parent company of Access Bank Plc, says its Zambian subsidiary, Access Bank Zambia Limited, has secured approval of the country’s central bank for the acquisition of African Banking Corporation Zambia Limited. Sunday Ekwochi, the company secretary who announced the development on a statement on Friday, said the acquisition is to be completed in the third quarter of 2023. “Further to its announcement on October 25, 2021, Access Holdings Plc (Access H…
FCMB Manager, Two Others Commits Multi-million Naira Fraud Using Overdraft Documents' - EFCC
FCMB Manager, Two Others Commits Multi-million Naira Fraud Using Overdraft Documents' - EFCC The Economic and Financial Crimes Commission, EFCC, On Tuesday March 21, 2023 arraigned one Kichime Gomwalk, a branch manager of First City Monument Bank, FCMB, Michael Damkas Buayam of Tan Global Energy Limited, and Abbas Andrew Dayilim of Castlegate International Limited before Justice P. S. Gang of the Plateau State High Court Jos, on a five-count charge bordering on stealing, cheating and obtaining by false pretense to the tune of N55,000.000…
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