Business

Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country is working on building a condensate refinery towards the goal of self-sufficiency in refined petroleum products. Speaking on Friday at a virtual conference organised by Atlantic Council, Kyari said the corporation aims to have a total refinery capacity of 200,000 barrels per day. The GMD ...

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider on Thursday, 11 June 2020, presented 20,000 units of e-learning devices to the Lagos State government at the State House in Marina, Lagos. The devices are planned for distribution to school children. With the gesture, the Lagos State governor, Babajide Sanwo-Olu said the State had found a “real development ...

Access Bank Plc has unveiled Access9ijaKids, a 12-week eLearning programme aimed at improving the intelligence quotients, financial literacy and civic knowledge of primary school children. The programme is part of the bank’s commitment in supporting the educational sector, especially during the COVID-19 era. The programmme, which employs the use of gamified technology is being executed in partnership with 9ija Kids, ...

Nigeria’s commercial lender, Unity Bank Plc, has declared gross earnings of N44.59 billion for 2019 financial year, continuing a path to strong growth started in 2018 financial year, after the bank took bold corporate action to clean up its balance sheet in 2017. The Bank has also posted PBT of N550m in its Q1, 2020 result released alongside with the ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide. The investment in the Bank’s mobile banking infrastructure is in furtherance of the need to deepen financial ...

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that thousands of students have been signing up to access the e-learning solutions for free which is provided in partnership with Roducate and Lagos State Government. This is in furtherance to the Bank’s resolve to close the gap of the disruption in children education’s due to schools’ ...

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers.  This is in clear demonstration of its acknowledged leadership in electronic Banking. The Bank’s USSD banking service, launched in January 2015, is an easy to use, convenient, fast, user-friendly mobile banking channel through which various banking activities are carried out on a mobile phone – across the four major GSM network operators in the country – without the use of ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host a virtual SME Business Clinic to provide insightful information on how SMEs can better manage the financial activities of their businesses. The clinic which is scheduled to hold via Microsoft Teams by 11 am on Thursday, 7 May 2020 is entitled: “Developing a budget to ...

FirstBank, Nigeria’s leading financial institution and Africa’s Bank of Choice has expressed its appreciation to the public – especially its customers – for their continued patronage of its services during the COVID 19 lockdown, whilst assuring the public that stringent measures have been implemented to ensure its branches and locations across the country operate in line with the health and ...

Shareholders of FCMB Group Plc have again applauded the financial institution for its resilience, dynamism and impressive performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 7thAnnual General Meeting (AGM) of the Group on April 28, 2020 at its corporate head office in Lagos, also unanimously approved the payment of a cash dividend of ...