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Monday , 10 December 2018

Business

First Bank reiterates commitment to leverage Fintech

Nigeria’s leading Tier 1 lender, First Bank of Nigeria Limited, has reiterated its commitment to leveraging Financial Technology (Fintech) to deliver innovative services. The Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan, stated this in his address to the Fintech summit hosted by the lender in Lagos yesterday. The event tagged, “FirstBank Fintech Summit 2.0,” was ...

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MDs of Heritage Bank, Aso Savings Swim in Fresh crises

The Managing Director of Heritage Bank, Ifie Sekibo, and his counterpart in Aso Savings and Loans Plc, Hassan Usman, are swimming in fresh crisis as the the House of Representatives on Thursday announced that it had discovered N21 billion and $104.46 million undeclared revenue in two separate accounts outside the Treasury Single Account (TSA) and consequently   have summoned them to appear before ...

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Union Bank Unveils Edu360

  Union Bank has announced the first edition of an annual education fair – Edu360, as part of its efforts to support education as a critical sector for Nigeria’s growth and development. The 2-day event themed ‘Investing in the Future’ according to a statement from the lender, has been designed to attract audiences across the education ecosystem including investors, parents, school owners, teachers and students who ...

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Stanbic IBTC Bank makes history, deploys robots

    Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has taken another bold step towards service efficiency and enhanced customer experience with the deployment of robots to drive various dimensions of its operations.   Deployed about three months ago, the Stanbic IBTC BlueBots, as the robots are called, manage middle and back office activities. At the operational center at Ilupeju, ...

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Honeywell Group Vs. Ecobank: Bank Insists Debt Must Be Paid

  Ecobank Nigeria Limited says it would continue to strongly resist any attempt to use a frivolous N72 billion claim to derail it from continuing to pursue the recovery of monies owed and overdue for payment by Honeywell Group. The bank, in a statement signed by management of the financial institution  said contrary to the picture being painted by Honeywell ...

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Stanbic IBTC, CYCDI energize youths at Global People’s Summit

    In commemoration of the 2018 Global People’s Summit, Stanbic IBTC Bank, in collaboration with Creative Youth Community Development Initiative (CYCDI), and Covenant University, Ota, over the weekend engaged the youth on better understanding of the United Nations (UN) Sustainable Development Goals (SDGs) and their role in its attainment.   The Global People’s Summit is organized by the Humanity Lab ...

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​Insurance Sector Stakeholders Seek Support From Government On Taxation

Various major players from the nation’s Insurance industry have called on the government to support the industry’s growth and development by collaborating with stakeholders to work out ways of streamlining the taxation applicable to the sector.   This was the major view that ran through submissions of the panelists and participants at the one-day seminar organized by Leadway Assurance, in ...

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FLASH!!! CBN Warns Of Another Looming Recession

Sadly, the Monetary Policy Committee (MPR) of the Central Bank of Nigeria (CBN) on Tuesday warned that the economy may recede again into recession unless concrete steps were taken to implement the 2018 budget, create employment and increase the minimum wage. This is just as seven of the 10 members that attended voted to retain all the policy rates including ...

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Stanbic IBTC clinches four awards at Emeafinance African Banking Awards

  In recognition of its position as Nigeria’s leading investment banking institution, Stanbic IBTC has won four awards in different categories in the 2018 Emeafinance African Banking Awards. The diadems: ‘Best Foreign Investment Bank,’ ‘Best Debt House’, ‘Best Equity House’ and ‘Best Loan House,’ were won through Stanbic IBTC Capital Limited, a member of the Stanbic IBTC Group.   According to the ...

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News Flash My Mandate Is To Deliver The Ecobank Brand Promise As Platform Of Choice In Nigeria – Akinwuntan

  Lagos, September 21, 2018 – The Managing Director, Ecobank Nigeria, Mr Patrick Akinwuntan has reaffirmed that his mandate in Nigeria is to grow the Ecobank brand by delivering it as a brand of choice. The bank Managing Director stated that Ecobank service will be available and within the reach of every Nigerian either in their homes or locality through any ...

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