70 more winners emerge in the Stanbic IBTC Bank Reward4Saving December draw
70 more winners emerge in the Stanbic IBTC Bank Reward4Saving December draw 70 customers have emerged winners of cash prizes in the December draw of Stanbic IBTC Bank’s Reward4Saving Promo, a reward scheme for savings account holders of the bank, introduced to encourage a savings culture. Customers who save at least N 10,000 in their savings account for at least thirty days, qualify for the draw. During the draw, Layo Ilori-Olaogun, Head, Middle Markets and Youth Segment, Stanbic IBTC Bank, applauded the commitment of participants and winn…
Access Bank to Acquire Majority Stake in Finance Trust Bank, Targets Financial Inclusion, Empowerment, and Innovation in Uganda
Access Bank to Acquire Majority Stake in Finance Trust Bank, Targets Financial Inclusion, Empowerment, and Innovation in Uganda Lagos, Nigeria – January 17, 2023: Finance Trust Bank (“FTB”) and Access Bank PLC (“Access Bank”) have announced the signing of a definitive agreement for Access Bank’s equity investment into FTB. The deal will also see Access Bank concurrently acquiring the shares currently held by FTB’s Institutional Shareholders who have sought to exit to a strategic, long-term shareholder. The transaction is subject to regulato…
Fidelity Bank to Promote young Writers Nationwide with Its Read2Lead Initiative
Fidelity Bank to Promote young Writers Nationwide with Its Read2Lead Initiative As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead. Themed Read2lead, the three-stage competition would see secondary school students hone their reading and writing skill while competing for millions of naira in cash rewards, a book publishing deal, an…
Union Bank Pledges Seamless Service as New Management Resumes
Union Bank Pledges Seamless Service as New Management Resumes Lagos, NIGERIA – Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following the recent appointment of its new Managing Director/Chief Executive Officer, Yetunde Oni, by the Central Bank of Nigeria (CBN). The bank assured its customers that as a long-standing financial institution in the Nigerian banking industry, it will continue to provide top-quality services and products while operatin…
Nabeeha: Outrage as netizens seek donation to pay ransom of sisters abducted in Abuja
Nabeeha: Outrage as netizens seek donation to pay ransom of sisters abducted in Abuja Nigerians on social media have started a fundraising campaign for the ransom to seek the release of a lady identified only as Nabeeha and five of her sisters who were kidnapped by kidnappers in their house in Abuja on January 2, 2024. In the early hours of Wednesday, January 3, 2024, an X user, Adamu_Asiya_, who identified herself as a cousin to the kidnapped sisters announced the kidnap, noting that her uncle was killed in the process. She said, “Please pr…
Edugate: CISLAC kicks against Enitan’s take over of Humanitarian Ministry
Edugate: CISLAC kicks against Enitan’s take over of Humanitarian Ministry Minister alerts Nigerians on fake humanitarian trust fund portal Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu ABUJA – AS investigation continues on the alleged fraud of N585.2 million at the Ministry of Humanitarian Affairs and Poverty Alleviation, the Civil Society Legislative Advocacy Centre, CISLAC, weekend, kicked against running of the Ministry by the Permanent Secretary, Abel Enitan. The Executive Director, CISLAC, Auwal Rafsanjani, in a s…
CBN decongests head office, moves departments to Lagos
CBN decongests head office, moves departments to Lagos The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. This was stated in an Internal memo made available to PUNCH Online on Saturday. The move, according to an official of the CBN who spoke on condition of anonymity, is to decongest the apex bank’s head office. Although some staff members of the bank have reportedly resisted the transfer and claimed that it is motivated by tribal sentiment, the source said it is for their safety and increased productivity.…
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