Access Bank Wins Best Digital, Best Website at 2024 Digital Jurist Awards L-R: Adebowale Shonekan, Head, Network Communications (Group & Subsidiaries), Access Bank Plc; Chukwudi Amadi, Team Lead, Digital Communications, Access Holdings Plc; Ezinne Nwene, Team Member, Digital Communications, Access Holdings Plc, receiving the Best Digital Commercial Bank award from Abbas Babagana, Chief Technical Officer, Federal Ministry of Communications & Digital Economy at the Digital Jurist Awards held in Lagos… recently. Lagos, Nigeria – November…
Access Holdings’ Total Assets Grows to ₦41.1 Trillion in Q3 .Gross Revenue Hits ₦3.4 Trillion Lagos, Nigeria – November 2, 2024: Access Holdings Plc, one of Africa’s leading financial institutions, has announced its unaudited results for the third quarter ended September 30, 2024. The financial results highlight the group’s continued growth momentum, emphasising resilience and sustainable performance as the Group works to deliver solid returns for its shareholders. Gross revenue for the nine-month period rose by 114.5% year-on-year, climbing f…
Polaris Bank Clinches "Best Mobile App" Award at Digital Jurist Awards 2024 Lagos, Nigeria – November 4, 2024 – Polaris Bank's commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious "Best Mobile App" award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos. This honor comes less than a week after Polaris Bank was named Nigeria’s Digital Bank of the Year for the fourth consec…
Dangote Refinery Following NNPCL Pricing Benchmark, Says Spokesperson “If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products and conniving with international traders to dump low-quality products into the country…” Dangote Refinery has announced that it follows the pricing benchmark set by the Nigerian National Petroleum Company Limited (NNPCL), stating that it sells at N990 per litre for trucks and N960 per litre for ships. The announcement comes in response to claims mad…
IPMAN: Setting the Record Straight The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from our Petroleum Refinery, as we currently have no direct business dealings with them. Consequently, we cannot be held responsible for any payments made to …
ZENITH BANK RECORDS REMARKABLE TRIPPLE-DIGIT GROWTH OF 118% IN GROSS EARNINGS AS PBT HITS N1.0 TRILLION IN Q3 2024 Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment. According to the Bank's unaudited third quarter financial results presented to the…
Stanbic IBTC Bank Nigeria PMI® Output falls at fastest pace in 19 months amid intense cost pressures Severe inflationary pressures caused an intensification of the downturn in the Nigerian private sector at the start of the final quarter of the year. Overall input costs rose at one of the sharpest rates on record, with selling prices increased accordingly. This resulted in marked reductions in new orders and business activity, while business sentiment was the lowest in the survey's history. More positively, firms increased their staffing l…
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