In a moving tribute to a visionary leader, Access Holdings PLC unveiled the AccessGive platform at the Herbert Wigwe One Year Memorial held on Sunday February 9, 2025, in Lagos. This groundbreaking platform is dedicated to sustaining and scaling the transformative impact of the late Herbert Wigwe, a leader whose …
Read More »Access Bank to Host Pioneering Africa Trade Conference in Cape Town
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. Scheduled for March 12, 2025, in Cape Town, South Africa, the conference is poised to bring together …
Read More »Court Orders Arrest of Access Bank Acting MD, Others over Alleged Theft of Property
Justice Ibironke Harrison, Judge of the Lagos State High Court, has ordered the arrest of Bolaji Agbede, acting managing director, Access Bank PLC, and three others, in the case of alleged conspiracy, obtaining by false pretence, and fraud totaling N1.356 billion. The Judge made the order when the defendants, including …
Read More »Against all Odds, FirstBank Eyes Another Decade of Growth
In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the premier bank stands in core …
Read More »Restructuring: Zenith Bank Dismisses 66 Staff, Promotes 4,165
Zenith Bank, one of Nigeria’s largest financial institutions, has dismissed several senior employees as part of a comprehensive organizational restructuring. An internal memo revealed that the reorganization also included promotions and role adjustments, with a primary focus on advancing junior employees. Sources disclosed that approximately 66 senior staff members …
Read More »Zenith Bank Edges Higher to N1.5 Trillion in Market Value
The equities market value of Zenith Bank Plc on the Nigerian Exchange (NGX) edged higher to N1.510 trillion as the financial services stock continues to attract investors’ attention ahead of the fourth quarter earnings release. The bank share price rose to N48.1 ahead of its earnings, racing near its 52-week …
Read More »FirstBank Bountiful Harvest of Awards In 2024 – Testament to Excellence and Stakeholder Trust
In the gilded halls of excellence where dreams are crafted into legacies, stands a beacon that blazes across the African financial skyline. This is the story of FirstBank, the timeless oak of Nigeria’s banking heritage. In 2024, First Bank of Nigeria Limited stands not just as a financial institution but …
Read More »Agusto & Co’s Awards FBNQuest Asset Management “A+” Rating
FBNQuest Asset Management, a subsidiary of FBN Holdings Plc., has been awarded an A+ rating by Agusto & Co. Limited. This rating reflects the firm’s stable outlook, robust risk management, and strong investment capabilities, highlighting its impressive operational performance and outstanding business profile. It emphasizes FBNQuest Asset Management’s ongoing commitment …
Read More »FirstBank Sets the Record Straight on GHL Transaction, Reaffirms Stability
First Bank of Nigeria Limited (FirstBank) has issued a statement clarifying recent media reports concerning a commercial transaction with General Hydrocarbons Limited (GHL), which is currently the subject of litigation. The bank aims to correct what it describes as “false narratives” and reassure customers of its commitment to sound banking …
Read More »NGX Sees Increased Trading: Wema, FBN Holdings, Service and ICT Industry Drives Volume to N85 Billion
Wema Bank, FBN Holdings, and the Services and ICT industries emerged as key drivers of trading activity on the NGX this week, propelling total turnover to an impressive N85 billion. These sectors accounted for a substantial portion of the week’s volume, signaling a shift in investor focus and market dynamics. …
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