LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the shar…
ACCESS BANK LAUNCHES FIRST AMERICAN EXPRESS CARDS TO BE ISSUED IN NIGERIA
ACCESS BANK LAUNCHES FIRST AMERICAN EXPRESS CARDS TO BE ISSUED IN NIGERIA In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank (https://www.AccessBankPlc.com/) has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express cards to be issued in Nigeria and West Africa. By launching these cards, Access Bank has improved its overall offering to its retail and private bank customers, who can now enjoy the Membership Rew…
IG USMAN Probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election
IG USMAN Probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election The N5 billion allegedly used by Mr Abiodun in printing the cards and their cost violated the financing threshold of N1 billion mandated by section 88 of the Electoral Act, 2022. The Inspector General of Police, Usman Baba, has directed police commissioner Olanrewaju Oladimeji in Ogun to investigate Governor Dapo Abiodun over allegations that he loaded N5 billion on bank-linked vouchers to buy votes in the March 18 gubernatori…
Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide
Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a series of pre-retirement seminars in three states across the federation - namely Edo, Plateau, and Oyo States, from 11 May to 25 May 2023. At these seminars, the esteemed customers of the organization received valuable knowledge on effective early retirement planning and investment strategies. L-R: Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers; …
PHOTO STORY: STARTUP PORTFOLIO MEET AND GREET
PHOTO STORY: STARTUP PORTFOLIO MEET AND GREET L-R; Chief Digital Officer, Wema Bank, Olusegun Adeniyi; Executive Director, Retail and Digital Business, Wema Bank, Tunde Mabawonku; Co-Founder, HealthTech Startup, Emergency Response Africa, Folake Owodunni; Founder, EdTech Startup, Dozzia, Mubarak Robyn; Head Innovation, Wema Bank, Solomon Ayodele and Chief Information Officer, Wema Bank, Adeoluwa Akomolafe, during the meet and greet session with Startup Portfolio over the weekend at Wema Bank Head Office, Marina, Lagos.
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Investors harvest 140% return from Dangote Cement
Investors harvest 140% return from Dangote Cement by Godfrey Obioma Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a larger portion of their profit, resulting in a slide in dividends to shareholders. But Dangote Cement maintained its divid…
At Polaris Bank, we are Positioning for Digital leadership and Market Dominance, Says CEO, Adekunle Sonola
At Polaris Bank, we are Positioning for Digital leadership and Market Dominance, Says CEO, Adekunle Sonola Leading digital financial institution, Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back. Chief Executive Officer (CEO), of the financial institution, Adekunle Sonola, stated this in a recent interview, with PROSHAREs team of analysts noting that the Bank is currently on the growth path leading to market dominance. According to him, careful rethinki…
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