Jaiz bank pic says in that in the 10 years of its existence, it has grown its balance sheet from N12 billion in 2011 to N300 billion in 2021.
Within the same period, the bank witnessed rapid branch expansion from three to 45 branches spread across the country today.
Managing Director/ CEO of Jaiz Bank, Mallam Hassan Usman stated this at a media parley in Abuja on the ten years anniversary of the…
The Federal Government is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy.
This projection was made by the Budget Office of the Federation and revealed in its 2023 – 2025 Medium Term Expenditure…
The naira yesterday weakened against the dollar at the parallel section of the foreign exchange (forex) market.
Bureaux De Change operators (BDCs), popularly known as ‘abokis’, said the local currency depreciated by N15 or 2.3 per cent to trade at N680 per dollar at the…
A former Minister of Finance, Dr. Shamsuddeen Usman, has been appointed as the Chairman of Citibank Bank Nigeria.
He is the third chairman of the bank in Nigeria since inception.
Usman has been on the Board of Citibank Nigeria as an Independent non-Executive Director since 2017.
He replaced Olayemi Cardoso, who has retired from the Board after 12 years.
Cardoso maintained high standards…
The National Pension Commission (PenCom) has said that Pension Fund Administrators (PFAs) generated total earnings of N125.39 billion in the financial year ended 31 December 2021.
The total earnings of the PFAs indicate a 14.33 per cent increase, when compared with total…
Digital banking is the new route that financial service providers and regulators are travelling to offer seamless services to the banked, and encourages the unbanked and underbanked to join the financial services net.
Two channels have for long dominated the digital banking…
Unity Bank Plc has posted gross earnings of N27.6 billion for its half-year results, representing a growth of 17 per cent year-on-year.
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the bank also made significant improvements across key performance indicators.
The bank grew Profit Before Tax (PBT) by 23 per cent which rose to N1.8 billion from N1.5 billion…
Famous Baker and cake designer, who runs the popular YouTube Channel ‘How to cake it’ Yolande Gampp from Toronto, Canada, top Nigerian bakers in Diaspora and bakers in Nigeria will facilitate sessions at Bakers’ seminar in Lagos slated for September 5-7 at the Eko…
The International Monetary Fund (IMF) has retained projected economic growth of 3.4 per cent for Nigeria in 2022.
The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) for July 2022 entitled, “Gloomy and More Uncertain”.
At its…
Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction types into their business accounts. The bank is also…