BUA is sponsoring falsehood on forex deals, other lies against our brand-Dangote Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting that the company is being probed for alleged illegal foreign exchange deals and money laundering by the Special Investigato…
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23 LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that the Bank continued to maintain its expansionary and customer-centric model with tota…
Ogun: Group Adopts Yayi As 2027 Governorship Candidate ABEOKUTA- A group, Yayi's Liberators Group has adopted Senator Olamilekan Adeola Solomon popularly known as Yayi as a credible candidate for the 2027 governorship In Ogun state The founder of the group, Comrade Ibrahim Fayomi, a.k.a Olumako made this known during their general meeting at the Golden Heart Hall, Iyesi-Ota on Thursday. He stated that no fewer than 9900 residents in Ogun west senatorial district have benefitted from Senator Olamilekan Solomon a.k.a Yayi's empowerme…
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 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 …
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 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 …
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