Business

  Ecobank Nigeria’s operating income dropped by -17 percent to $223 million in 2021. In its Full Year Financial Statements for last year released on Tuesday, the figure was $46 million lower than $269 million recorded in 2020. Ecobank’s Net Interest Income also dropped from $161 million reported in 2020 to $91 million last year. The lender, however, reduced its ...

Amanager with WEMA Bank Plc, Mr. Ojo Oladipupo, has been arraigned before an Ogba Chief Magistrate’s Court, for allegedly given bribe to police officer, as inducement to pervert justice in an ongoing prosecution of WEMA Bank over N1.7bn alleged money laundering. The banker was arraigned on Wednesday, before Magistrate O. A. Layinka, on the offences. He however pleaded not guilty ...

L – R: Executive Director/Co-Founder, AppZone, Emeka Emetarom; Executive Director, Inlaks, Tope Dare; Osita Ede, Divisional Head, Product Development; Ifeoma Onibuje, Divisional Head, eBanking; Stanley Amuchie, Executive Director/Chief Operations and Information Officer; and Chiefo Ejiofobiri, Branch Leader, Corporate Branch (all of Fidelity Bank Plc) at the official launch of PayGatePlus by Fidelity Bank and OnePipe in Lagos recently. Leading Nigerian ...

In commemoration of the International Women’s Day 2022, foremost financial institution, Fidelity Bank Plc, has announced plans to celebrate leading women and female achievers at a networking event in partnership with media entrepreneur – Linda Ikeji – on Tuesday, 8 March 2022.   Themed ‘Breaking the Bias’, this year’s International Women’s Day celebration is aimed at promoting gender equity across ...

A Manager with WEMA BANK Plc, Mr. Ojo Oladipupu has been arrested by A Police Officer, An Assistant Superintendent of Police attached to Area G Command, Ogba, Lagos State, ASP Jonathan Egwemi, for allegedly offering him bribe to the tune of millions of Naira, in order to prevent him from investigating the WEMA Bank in an alleged money laundering deal ...

R-L: Olugbenga Awe, Divisional Head, Agribusiness, Natural Resources & Project Development, Heritage Bank Plc; Akin Akeredolu-Ale, MD of Lagos Commodities and Futures Exchange (LCFE), Osepiribo Ben-Willie, Directorate Head, South-South, South-East & PWM, Heritage Bank; Abubakar Lawal, Group Managing Director/CEO of GTI Group and Hajara Adeola, MD of Lotus Capital Limited, during a breakfast meeting organized by LCFE in attendance of ...

First Bank of Nigeria Ltd. has rewarded 300 customers with the sum of N4 million at the bank’s ongoing Verve Card campaign. The bank said this in a statement issued in Abuja on Monday by its Group Executive, e-Business & Retail Products of FirstBank, Mr. Chuma Ezirim. Ezirim said that the customers were rewarded in the sixth week of the ...

Have you seen the videos on this link: https://www.firstbanknigeria.com/home/impact/crs-week/? Piece of advice: Please hold your handkerchief or make sure there is a good supply of tissue paper while you view.   The initiative that inspired the efforts and results seen in the videos is not a strange one but it has a way of surprisingly leaving people teary-eyed. Viewers tear up ...

A Federal High Court sitting in Abuja and presided over by Justice O.C Agbaza has issued a writ of Execution against ECOBANK for failing to pay a debt of Two Hundred and Eighteen Million, Four Hundred and Forty Thousand, Seven Hundred and Sixty Six Thousand Naira (N218, 440, 766). The debt, We learnt was owed Vision Kam Jay Investment Ltd (Applicant) by ...

A Federal High Court sitting in Abuja and presided over by Justice O.C Agbaza has issued a writ of Execution against ECOBANK for failing to pay a debt of Two Hundred and Eighteen Million, Four Hundred and Forty Thousand, Seven Hundred and Sixty Six Thousand Naira (N218, 440, 766). The debt, We learnt was owed Vision Kam Jay Investment Ltd (Applicant) by ...