Heritage Bank, To Boost The N344 Trillion Gold Market

Heritage Bank Plc has announced that as part of a private-sector partnership with Dukia Gold & Precious Metals Refining Co. Limited, it is on track to unlock over N344 billion in market value of gold investible instruments in the solid minerals sector, with plans to list on the Lagos Commodities and Futures Exchange. On Saturday, it announced this in a statement titled “Listing on LCFE: Heritage Bank-Dukia Gold set to unlock N344tn market worth of gold.” The step, according to the bank, would diversify revenue in the non-oil sector by stimulating solid mineral growth in line with the objectives of […]



Ten Customers Win 1 Million Naira Each In The UBA Savings Promo

United Bank for Africa (UBA) Plc, a pan-African financial institution, has rewarded ten of its loyal customers with a total amount of N10 million in the current UBA Savings Promo’s quarterly draws. This promo, which is held every quarter, is designed to thank the bank’s long-term customers and to provide new opportunities for potential and intending customers to join the increasing number of UBA millionaires who have previously benefited from many promotions. The virtual and clear electronic draw, which took place on Friday, was broadcast live through Zoom and the Facebook platform in strict accordance with the Federal and Lagos[…]



Sterling Bank’s Dividend Payment Has Been Approved By Its Shareholders

Sterling Bank Plc shareholders approved resolutions for the payment of a five kobo per share dividend for the fiscal year 2020. The approval was given at the bank’s 59th annual general meeting, which was held by proxy in Lagos and streamed live through digital channels on Thursday, according to a statement titled “FY 2020: Shareholders commend Sterling Bank’s improved performance.” In a difficult year, Sterling Bank’s Chairman of the Board of Directors, Mr Asue Ighodalo, said the bank concentrated on the continued strategic growth of its core pillars – digitisation, agility, and specialisation. “Despite the harsh economic environment triggered by[…]