Category Archives: BUSINESS

Sterling Bank Contributes N250m to Private Sector Coalition Against COVID-19

Sterling Bank Plc, has contributed N250 million as part of its commitment to the newly formed Nigerian Private Sector Coalition Against COVID-19 created to help channel resources to combat the coronavirus disease under the theme: "We need you." The bank,

UBA to Provide N5bn to COVID-19 Relief Support Across Africa

United Bank for Africa Plc (UBA), on Thursday, announced a donation of over N5 billion ($14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide

GTBank Launches Beta Health, Expands Access To Health Insurance For Low-Income Nigerians

Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health insurance for every Nigerian. The first of its kind in Nigeria, Beta Health provides coverage for basic and

Zenith General Insurance Partners MTN On First Ever Mobile Insurance Service In Nigeria

Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria. Using the USSD code *5966#, customers can now

Zenith Bank Commisirates With Sanwo-Olu On Abule-Ado Explosion, Donates N100M Support to Emergency Relief Fund

Zenith Bank Plc, Nigeria’s leading financial institution, has donated N100 million to the Emergency Relief Fund set up by the Lagos State Government for the victims of the Abulo-Edo explosion. The Group Managing Director/ Chief Executive Officer of Zenith Bank

Zenith Bank Rewards Shareholders, Declares Dividend Payout of N87.9BN

Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s shareholders unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the

Wema Bank in trouble As Sacked MD Omoyeni Fightback with N7.2billion Lawsuit Over His Alleged Illegal Removal From office

A Federal High Court sitting in Lagos south west Nigeria has adjourned for continuation of trial, the N7,274,75,000 billion suit instituted against Wema Bank Plc by its former Managing Director Jeremiah Adebisi Omoyeni over his alleged illegal removal from office.

ZENITH BANK RETAINS POSITION AS NIGERIAN’S MOST VALUABLE BANKING BRAND FOR THE THIRD CONSECUTIVE YEAR

Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as

International Women’s Day: Peterside’s Strategy Lessons for Women And Successful Businesses

In management and in life, a picture always speaks a thousand words. A few months ago, a curious photograph surfaced online. It was posted by the veteran investment banker himself to celebrate the institution he built. In the past four

GTBank Releases 2019 Full Year Audited Results, Reports Profit Before Tax of ₦231.7 Billion

Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019, to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position