Stanbic IBTC Bank Nigeria PMI: New orders fall amid record rise in input costs
Stanbic IBTC Bank Nigeria PMI: New orders fall amid record rise in input costs The Nigerian private sector dipped into contraction in October as a record increase in input costs impacted customer demand. Sharply rising prices also discouraged firms from purchasing inputs and caused delays in the completion of orders. On a more positive note, employment continued to rise amid company expansion plans. The headline figure derived from the survey is the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). Readings above 50.0 signal an improvement i…
ZENITH BANK SUSTAINS ASTOUNDING PERFORMANCE WITH REMARKABLE TRIPLE-DIGIT GROWTH IN TOPLINE AND BOTTOM LINE IN Q3 2023
ZENITH BANK SUSTAINS ASTOUNDING PERFORMANCE WITH REMARKABLE TRIPLE-DIGIT GROWTH IN TOPLINE AND BOTTOM LINE IN Q3 2023 Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment. According to the bank's unaudited third quarter financial results presented …
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Polaris Bank wins Nigeria's Best Digital Bank of the Year Award, third time in a row
Polaris Bank wins Nigeria's Best Digital Bank of the Year Award, third time in a row ... scoops 'Best MSME Bank Of The Year' prize also Lagos, Nigeria: October 30, 2023: Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe won for the third time, Nigeria's 'Best Digital Bank of the Year' prize at the prestigious BusinessDAY’s Banks And Other Financial Institutions (BAFI) Awards. *Photo Caption:* L-R: Nduneche Ezurike, Group Head, Brand Mngt & Corporate Communication; Bukol…
Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards
Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards L – R: Executive Director/Chief Risk Officer, Fidelity Bank Plc, Mr. Kevin Ugwuoke; Group Chief Executive Officer, Emerging Africa Group, Mrs. Toyin Sanni; and Executive Director, Lagos and South West Business, Fidelity Bank Plc, Dr Ken Opara at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023 where Fidelity Bank received the award of the “Export Finance Bank of the Year” over the weekend. 31 October 2023 - Lagos, Nigeria- Fidelity …
Oba Akiolu A Blessing to Nigeria, Obasa Says
Oba Akiolu A Blessing to Nigeria, Obasa Says - Speaker congratulates monarch on 80th birthday - says Akiolu's reign has brought peace to Lagos State The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described Oba Rilwanu Akiolu as a blessing to Lagos adding that at 80, the revered monarch had contributed immensely to the progress of the state. Dr. Obasa, the Baa'sofin of Lagos, said this in a congratulatory statement to mark the traditional ruler's 80th birthday on Sunday. Praising Oba Akiolu for…
City of Houston, Texas, USA proclaims October 25 as FITCC Day
City of Houston, Texas, USA proclaims October 25 as FITCC Day In recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, Texas and Nigeria, the City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect Day”. Mayor Sylvester Turner of Houston officially declared the special day in a statement released from Houston, Texas, on Thursday, 26 October 2023. The proclamation reads in part, “Whereas, The Fidelity International Trade and Cre…
We"ll continue to promote Yoruba culture through Inter-schools quiz- Dr. Faniyi Fashola
We"ll continue to promote Yoruba culture through Inter-schools quiz- Dr. Faniyi Fashola Owode Grammar School Owode, Ota scored a total of 50 points to emerge winners of this year's interschool Yoruba Quiz Competition while 2nd and 3rd position go to Iju ebiye grammar school and Atan commercial School respectively. The founder, Araba of Ota, Dr. Oluwo Fashola made this declaration at the event organised by the Ancestral Pride Foundation ( APF) in collaboration with the 'Egbe Akomolede Ati Asa Yoruba', a sociocultural gr…
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