Wema Bank Plc has unveiled a kids’ innovation challenge aimed at encouraging children to ideate and develop solutions in learning, health, games, and agriculture.
The competition would reward the top three finalists who present the most creative and innovative ideas with scholarships of N300, 000, N200,000 and N100,000.
Announcing the commencement of this year’s Wema Kids’ innovation…
FBN Holdings Plc may have returned to a sustainable growth path as its 2021 financial points to a more-than-expected resilient near-term outlook with the commercial banking operations leading growth across key parameters.
The report, released last week, shows that First Bank…
The world is now fully digital. Today, companies in the United States of America, United Kingdom, Europe, and Australia are engaging the services of African freelancers and contractors to operate their businesses.
Freelancers, contractors, and local businesses in Africa…
Value of transactions on the electronic bills payment platform rose by 44 percent year on year to hit N114.8 trillion in the first four months of 2022 from N79.5 trillion in the corresponding period, data from the Nigeria Inter-Bank Settlement System (NIBSS), shows.
The increase in the e-payment transactions value for the four months was a reflection of the surge in the volume of deals within…
Airtel, Africa Plc has launched Banking service in Nigeria as its subsidiary, SmartCash Payment Service Bank Limited (SmartCash PSB), has been granted a license by the central bank of Nigeria (CBN) to commence its operation.
Airtel which made this known in a statement on May…
When Pascal Ntsama, Co-Founder and CEO of Canza Finance got admitted to Georgia Southern University to study advanced mathematics, he had vague plans of becoming a rocket scientist.
A year later, he transferred to Georgia Institute of Technology to study electrical and…
Nigerian actor Lateef Adedimeji has been officially unveiled as an FCMB brand ambassador.
This was made known to the public by the actor via his official Instagram page and FCMB official Social media page.
FCMB WROTE:
Yesterday, we unveiled Lateef Adedimeji as our brand ambassador for our ongoing FCMB Millionaire Promo. This strategic move is to help us further amplify our message to enrich more…
The new regulations recently released by the Securities and Exchange Commission (SEC) for the cryptocurrency industry may soon put the commission on a collision course with deposit money banks in the country.
This is as operators in the cryptocurrency industry are working…
Mastercard has partnered with OPay, a seamless mobile money service provider, to grow a cashless ecosystem and advance digital financial inclusion for millions of people across middle East and Africa.
This partnership is the latest milestone in Mastercard’s emerging…
11 Banks post N262 billion net profit in Q1
May 24, 2022
Zenith Bank Plc and 10 others have posted a cumulative net profit of N261.991 billion for the first quarter (Q1) ended March 31, 2022.
The other banks are Guaranty Trust Holding Company (GTCO), Access Holdings, Ecobank Transnational Incorporated Plc (ETI), United Bank for Africa (UBA), Fidelity Bank, Jaiz Bank, Union Bank of Nigeria (UBN), Sterling Bank, Unity Bank, and Wema Bank.
According to the…