Zenith Tech Fair finalists receive N59m
The Second Edition of the Zenith Tech Fair’s hackathon, with the subject “Future Forward 3.0,” has declared its winners. The Punch revealed…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
How AfDB invested over $10bn in Nigeria 52 years
The African Development Bank Group has spent more than $10 billion in Nigeria since 1971. According to The Punch, the development bank revealed…
Union Bank completes delisting of shares from NGX
Union Bank of Nigeria has declared that minority shareholders’ holdings will now be purchased for N7.70 per unit instead of N7 as…
CBN extends old naira’s validity indefinitely
The Central Bank of Nigeria has declared that the old N200, N500, and N1,000 notes will remain valid indefinitely. According to The…
Tackle high inflation, Lamido Sanusi urges CBN
The former governor of the Central Bank of Nigeria, Governor Lamido Sanusi, has urged the Central Bank’s current governor, Olayemi Cardoso, to use strategic…
Fidelity bank records 172% pre-tax profit growth in Q3 2023
Fidelity Bank announced its 2023 Q3 results, revealing that pre-tax profits increased by 172.60% year on year, reaching N34.658 billion. According to…
Fidelity Bank targets $250m Nigeria, UK businesses’ deal
The second edition of the Fidelity International Trade and Creative Connect got off to an enthusiastic start on Tuesday, 24 October 2023, as leading…
GTCO hits N433bn profit in Q3 2023
Guaranty Trust Holding Company Plc declared a profit before tax of N433.2bn, a 155.2 percent rise over the N169.7bn reported in the…
GTCO Holdings records N105.8bn pretax profits in 2023 Q3
The parent company of GT Bank, GTCO Holdings Plc, reported a pre-tax profit of N105.8 billion in the third quarter of 2023,…
Fidelity Bank plans trade show in Texas
Fidelity Bank Plc has announced that the second edition of the Fidelity International Trade and Creative Connect, dubbed FITCC Houston, will take…
Parallex bank gets CBN nod to collect NESS fees
The Nigerian Central Bank has given Parallex Bank permission to collect fees for the Nigeria Export Supervision Scheme. The approval was granted in…
UBA begins anti-fraud campaign
By Wilson Adekumola United Bank for Africa Plc is set to begin a Fraud Awareness Week – an…