10

May

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 […]

07

May

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[…]

29

Apr

Collaboration Between Banks And Fintechs Encouraged By Stakeholders

To reap the full benefits of innovation in Nigeria’s financial sector, stakeholders in the banking and FinTech industries have called for increased cooperation between the two sectors. On Wednesday in Lagos, stakeholders made the announcement at a virtual launch of the Nigeria FinTech Census 2020 Study. In collaboration with the FinTech Association of Nigeria, Ernst and Young Nigeria, a business-to-business service provider that offers Assurance, Consulting, Strategy and Transactions, and Tax, hosted the event. The conference’s theme was “Future of the Nigerian FinTech Industry – Growth, Collaboration, and Policy.” Mr Chuma Ezirim, the group executive, eBusiness and Retail Products, First[…]