*Network Int'l, Polaris Bank strengthens Partnership to deepen financial inclusion, digital transformation*
*Network Int'l, Polaris Bank strengthens Partnership to deepen financial inclusion, digital transformation* Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank Limited, to deepen financial inclusion and digital transformation. The partnership is anchored on the provision of payments processing solutions and API gateway services which supports the Bank’s goal of offering…
Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3% y-o-y, declares dividend of 30kobo per share
Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3% y-o-y, declares dividend of 30kobo per share Wema Bank Plc, Nigeria's most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and efficient bank. According to a press statement issued by the bank in respect of its audited financial results for the period ended December 31, 2022, the bank recorded gross earnings of N131.08 billion year on year, representing an increase of 42.3 percent over …
Onyeali-Ikpe, Olusanya make top 10 on 2023 definitive list of women CEOs
Onyeali-Ikpe, Olusanya make top 10 on 2023 definitive list of women CEOs The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19. Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company made the top 10 list. Both companies are listed on the Nigerian Exchange Limited (NGX). The list is unique in that it is based on data-driven research. Sponsored by Standard Bank Group, it represents one of the first an…
Union Bank: Group Audited Financial Statements for the Year Ended December 31, 2022
Union Bank: Group Audited Financial Statements for the Year Ended December 31, 2022 Strong revenue growth driven by core business deepening Union Bank has announced the release of its audited financial statements for the year ended 31st December 2022, which reflects strong financial performance despite macroeconomic headwinds. Union Bank maintained consistent success due to the disciplined execution of its go-to-market strategy focused on deepening its core business while exploring new areas of opportunity to acquire, engage, and retain custo…
ALAT by Wema Launches "Sounds of ALAT"
ALAT by Wema Launches "Sounds of ALAT" LAGOS, NIGERIA: 14th April, 2023 ALAT by Wema, Africa's first fully digital bank, is celebrating its 6th anniversary with the launch of "Sounds of ALAT," a boot camp and creative workshop aimed at supporting young creatives in the entertainment industry in Nigeria. The event, which will run from May 1st to May 5th, 2023, at Wema Bank, Purple Academy, will equip participants with top-notch industry knowledge and offer an opportunity to win up to five million naira for the creatio…
Dangote Sugar pays N18.22bn Dividends, to produce 170,000 Tonnes next season
Dangote Sugar pays N18.22bn Dividends, to produce 170,000 Tonnes next season Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season. The dividend payout will translate to N1.50 kobo per share held by shareholders. DSC_6611: L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Chairman, Dangote Sugar Refine…
GTCO Plc Releases 2022 Full year Audited Result… Reports Profit Before Tax of ₦214.2billion and FY Dividend of ₦3.10
GTCO Plc Releases 2022 Full year Audited Result… Reports Profit Before Tax of ₦214.2billion and FY Dividend of ₦3.10 | GTCO Plc Releases 2022 Full year Audited Result… Reports Profit Before Tax of ₦214.2billion and FY Dividend of ₦3.10 ~ Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦214.2billion, representing 3.…
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