Sterling Bank Pioneers Work-Study Programme for Secondary School Leavers, Offers 65% Scholarship

Secondary School Leavers

Sterling Bank Pioneers Work-Study Programme for Secondary School Leavers, Offers 65% Scholarship       As a Financial Institution that is committed to enriching lives and impacting the society, Nigeria’s agile and forward-looking Sterling Bank PLC continues to set the pace by creating valuable opportunities for different categories of citizens.  In a continued effort to secure a knowledge-based future that is diverse, Sterling Bank has recently launched the “Grow With Sterling Initiative”. The initiative which finds its roots in one aspect of the Sterling HEART Sectors- Education, seeks to contribute to the…

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UK Signs First Major Post-Brexit Trade Deal

Post-Brexit Trade Deal

UK Signs First Major Post-Brexit Trade Deal       The UK has stuck its first major post-Brexit trade deal after signing an agreement in principle with Japan which aims to boost trade by about £15bn. International Trade Secretary Liz Truss said it was an “historic moment” for the two countries. She said it would bring “new wins” for British businesses in manufacturing, food and drink, and tech industries. However, critics say such deals will not replace trade likely to be lost if the UK cannot agree a deal with…

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LASRERA Parleys Real Estate Developers To Enhance Reputation Of Estate Practitioners

LASRERA Parleys Real Estate Developers To Enhance Reputation Of Estate Practitioners       In order to sanitize and strengthen operations of the Real Estate Market, the Special Adviser to the Lagos State Governor on Housing, Mrs. Toke Benson -Awoyinka on Thursday met with Chief Executive Directors of Real Estate Developers in the State to seek their buy-in into the implementation of the mandate of the Agency. The meeting which was held at Georges Hotel, Ikoyi, was to deliberate on the housing sector being one of the components of the…

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Shoprite Announces Plan to Exit Kenya

Kenya

Shoprite Announces Plan to Exit Kenya       South Africa’s supermarket group, Shoprite Holdings, has announced plans to sell or close its remaining two stores in Kenya by the end of December. The supermarket group said it will be leaving the East African country two years after it began operations there. On Tuesday, the company said its Kenyan business had underperformed. “Kenya has continued to underperform relative to our return requirements,” the company said after posting a 16.6 per cent rise in annual group earnings. The South African firm…

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Union Bank States Position on Lokoja Branch Closure by KRS

Union Bank

Union Bank States Position on Lokoja Branch Closure by KRS Union Bank Nigeria Limited has said it will respond to the closure of its Lokoja Branch by the Kogi State Internal Revenue Service (KRS) through the appropriate channels in an effort to ensure fair and proper assessment, and subsequently, prompt resolution of the situation and reduce the inconvenience to customers According to the statement, “As an institution with a proven track record of responsible corporate citizenship, it takes civic obligations seriously. For the benefit of our customers, the press, and…

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Unity Bank Named Among Top 10 Highest E-Banking Revenue Earners in H1, 2020

Unity Bank Named

Unity Bank Named Among Top 10 Highest E-Banking Revenue Earners in H1, 2020     Unity Bank Plc’s earnings of N1.3 billion through electronic banking channels in H1 2020 has placed the lender among the top 10 highest earners in Nigeria. This was according to a Nairametrics research report released recently. The Bank’s performance is not unconnected with its aggressive push in digital banking in recent years as it spearheaded the launch of several cutting-edge digital baking solutions including a youth-focused mobile banking solution called UniFi and a robust internet…

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International Literacy Day 2020: First Bank Set Pace With Innovative E-Learning Solutions

E-Learning Solutions

International Literacy Day 2020: First Bank Set Pace With Innovative E-Learning Solutions     Covid-19 brought a huge challenge to education and literacy, First Bank of Nigeria Limited responded with a Rosetta stone of innovative e-learning initiatives that have far-reaching effects Since 1967 that the United Nations Educational, Scientific and Cultural Organization (UNESCO) have been celebrating International Literacy Day to promote the importance of literacy and education, every September 8 had witnessed book gifting, book reading and related activities are undertaken by the UN body and its coalition of partners.…

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COVID-19: Ghana Introduces QR Code Payment System

Payment

COVID-19: Ghana Introduces QR Code Payment System       As part of the strategy to reduce and eliminate the spread of Coronavirus through person to person contact, Ghana government is promoting QR code as a preferred payment solution in the county. The QR code allows payers of goods and services to only use their phones to tap the QR of the merchants and payments will be concluded immediately, this therefore prevents the need to give your card to receiving cashiers who keys the card into a point of sale…

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Fidelity Bank Earned N105.8bn, Records 22% Increase in Profits

Increase in Profits

Fidelity Bank Earned N105.8bn, Records 22% Increase in Profits       Fidelity Bank has sustained the financial performance trajectory of recent years despite the economic challenges occasioned by the COVID-19 pandemic, with another set of impressive financial results. Details of the Audited Half Year results ending June 30, 2020 for the top Nigerian lender, released on the Nigerian Stock Exchange (NSE) on Thursday September 3, 2020, show strong growth in profits and other indices. The bank recorded a surge in Profit Before Tax of N12.0bn from N9.8bn in 2019,…

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Zenith Bank Zooms Past Access Bank as Customer Deposits Cross N4 Trillion

Customer Deposits

Zenith Bank Zooms Past Access Bank As Customer Deposits Cross N4 Trillion     First Bank is still the largest Nigerian bank by customer deposits but Zenith Bank is closing in. Zenith Bank Nigeria Plc is now the second-largest bank in Nigeria by customer deposits crossing N4 trillion for the first time. The bank is next only to First Bank Ltd which remains the largest by customer deposits. Zenith Bank has also now blown past Access Bank Plc which was in second place following the 2018 merger with Diamond Bank…

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