Category Archives: BUSINESS
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
Customers Fault First Bank over Frequent Debits
Some customers of First Bank Plc have taken to social media to drag the bank over what they described as unnecessary debits from the money-keeping giant. In several reactions on their Facebook page, @First Bank of Nigeria Limited on Sunday,
OldEnglish Supermarket Opens Ibadan Outlet, Expands South-West
The new OldEnglish Supermarket at Bodija Estate, Ibadan offers a wide range of products, including their signature bread, fresh produce, and essential household items, OldEnglish Supermarket, Nigeria’s fastest-growing chain of retail stores, has expanded its reach in the southwest of
