Category Archives: BUSINESS

Wema Bank Honored at Global Retail Banking Innovation Awards 2024 … Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards

Wema Bank, recognized as Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has been awarded Best SME Bank in Nigeria and Excellence in Digital Innovation at the recently held 2024 Global Retail Banking Innovation Awards.

Zenith Bank Says It Now Has best IT infrastructure After Successful Upgrade, Commends Customers

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The

Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth

Wema Bank Nigeria (“Wema” or “the Bank”)) has released its unaudited Consolidated Financial Statements for the period ended September 30th 2024, to the Nigeria Exchange Group (NGX). The Bank reported profit before tax of ₦60.62bn, representing an increase of 174%

Why CEO Oyedeji’s Move To FBN Holdings Is Indicator Of Oduoza’s Dream For NOVA Bank

One of the biggest buzzes in the banking industry is the appointment of Wale Oyedeji as the Group Managing Director of FBN Holdings – Nigeria’s oldest bank. Oyedeji, with a robust 30 years of experience under his belt, joins FBN

Alleged Defamation, Cyberstalking of GTCO, CEO: Defendants Are Serial Blackmailers, Witness Tells Court

As the trial of four bloggers charged with alleged defamation and Cyberstalking Guaranty Trust Holding Company as well as its Management resumed today, the Investigating Police Officer, IPO, Mr Yaqob Sule informed the court that the first defendant in the

Zenith Bank Restores Full Access to Digital-Channels After Infrastructure Upgrade

Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This restoration follows temporary disruptions caused by a routine

Body of Bank CEOs in Nigeria, CIBN Express Concern Over Persistent Smear Campaigns In The Media Targeting Banks

The Chartered Institute of Bankers of Nigeria and the Body of Banks CEOs in Nigeria wish to express their concern over the persistent social media criticisms targeted at Nigerian banks. It is essential to highlight the significance and contributions of

Rebuttal of False News Reports Against GTCO’s Business Activities, Results and Its Executive Management 

Based on the incessant release of false news reports on GTCO’s business activities, Results and its Management Team, it has become necessary to set the records straight and dispel attempts by certain groups to create a false narrative about the

Zenith Bank Boosts Digital Banking: E-Channel Services Get a Major Upgrade!

Zenith Bank, one of Nigeria’s leading financial institutions, has restored improved services across its electronic transaction channels, ensuring customers have seamless access to banking services. In a statement released on Thursday via its X handle, the bank confirmed that customers

Infrastructure Upgrade: Zenith Bank Apologizes for Disruptions, Assures Customers on Improved Services

Nigeria’s leading financial institution, Zenith Bank, has reassured its customers of improved services following recent infrastructure upgrades. In a message posted on Thursday, the bank apologised for the service disruptions experienced across its e-channels during the upgrade period. The bank