Zenith Bank introduces automated voice banking service
Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response (IVR) solution which enables customers to perform basic...
View ArticleCOVID- 19: FG names eradication support bank accounts
PAULETTE ORJIME, Abuja THE Office of the Accountant General of the Federation (OAGF) has released names of five commercial banks where financial support made regarding the eradication of COVID-19...
View ArticleHealth Insurance: Sterling Bank partners over 1,000 hospitals
COMFORT EKELEME Sterling Bank Plc said it has entered into partnership with more than 1, 000 reputable healthcare centres and hospitals nationwide to launch a health insurance scheme. The scheme...
View ArticleALIKO DANGOTE: Celebrating the richest African at 63
THOMAS IMONIKHE His business pedigree is outstanding and had ventured where many chose to ignore. He ranks high among his peers especially industrialists whose investments are not dictated by instant...
View ArticleNew stress test reveals which banks are most prepared to withstand Covid-19
A stress test that was recently conducted on Nigerian banks by SBG Securities has revealed that only Guaranty Trust Bank and Zenith Bank show profitability at a cost of risk of 10%. The report, which...
View ArticleHumiliation of Nigerians in china amounts to economic sabotage — Nzekwe
COMFORT EKELEME, Asst. Business Editor Following the supposed strain in the relationship between Nigerian and China, former President. Association of National Accountants of Nigeria (ANAN), Dr....
View Article“IMF warning on global recession is wake-up call for Nigeria”
COMFORT EKELEME The recent warning from International Monetary Fund (IMF) that the COVID 19 pandemic will spark the worst global economic fallout has continued to raise concerns among Nigerians...
View ArticleFBN Holdings records gross earnings of N627bn
—— Proposes 38k dividend per share COMFORT EKELEME FBN Holdings Plc said it recorded gross earnings of ₦627 billion, up 6.7 per cent year-on-year against the ₦587.4 billion recorded in 2018. The bank...
View ArticleZenith Bank brings convenience to banking with IVR
COMFORT EKELEME Group Managing Director and Chief Executive Officer of Zenith Bank, Mr. Ebenezer Onyeagwu has said that the Zenith automated voice banking service was designed to ensure a truly amazing...
View ArticleCOVID-19: Sterling Bank introduces palliative measures for customers
Sterling Bank Plc, Nigeria’s leading commercial bank, has introduced some palliative measures for customers in a bid to cushion the adverse effects of the government ordered lockdown in parts of the...
View ArticleUS Airlines to receive $25b bailout package
The US has agreed a roughly $25bn, about £19.8bn rescue package for 10 of the country’s biggest airlines as travel plunges due to the coronavirus. American Airlines, United, Delta and Southwest are...
View ArticleFirstBank enhances palliative measures, promotes e-learning for Nigerians
COMFORT EKELEME FirstBank, has unveiled enhanced palliative measures to help its customers and Nigerians through these times of the extended COVID 19 lockdown in some states. Amongst these measures...
View ArticleLiquidity, safety of staff top Nigeria businesses COVID-19 concerns – PwC survey
COMFORT EKELEME Businesses in Nigeria have identified Liquidity and safety of their staff among the most pressing business needs they are concerned about as they grapple with the impact of the...
View ArticleFBN Holdings’s gross earnings hits ₦160b in Q1
COMFORT EKELEME FBN Holdings Plc said it’s gross earnings for the three months ended 31 March 2020, stood at ₦159.7 billion, up 14.5 per cent year-on-year (y-o-y) as against 139.4 billion recorded in...
View ArticleWorld Bank says remittances to Nigeria, other LMICs ‘ll drop by 20% in 2020
World Bank has projected that the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) will drop sharply by 19.7% to $445 billion in 2020 due to the economic...
View ArticleDHL launches dedicated air freight service from China to Africa and Middle East
Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organisations and governments shipping goods from China to Africa and Middle East. Capitalising on Dubai’s strategic...
View ArticleUBA’s profit hits N32.7bn in Q1
COMFORT EKELEME United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31, 2020, showing double-digit improvement across all its major income...
View ArticleCOVID 19: Lending still possible using CRC Credit Bureau’s automated service
COMFORT EKELEME CRC Credit Bureau is making lending easier for financial institutions who have automated their lending applications via an Application Program Interface (API). According to the company,...
View ArticleFAAC ; FG, States, LGs share N661.427bn as March 2020 revenue
PAULETTE ORJIME, Abuja FEDERATION Accounts Allocation Committee (FAAC ) has agreed to distribute N661.427 billion as March 2020 Federation Account Revenue to Federal, States and Local Government...
View ArticleImpact of COVID-19: Arik Air adopts 80% salary cut for staff
… as local airline forces 90% of staff to proceed on unpaid leave til further notice This is not the best of times for workers in Nigeria in particular and the world at large as the Impact of the...
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