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Tuesday , 19 February 2019
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Application for the Tony Elumelu Foundation Entrepreneurship Programme closes March 1

Elumelu

The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the 1st of January 2019 will close on the 1st of March, 2019. Selected beneficiaries will join 4,470 current alumni and will receive $5,000 seed capital, access to ...

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Transcorp Sets Record Performance with Profit After Tax of N20.6bn

Trancorp

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year. The Group recorded an unparalleled improvement within the year as turnover grew by 30% to ₦104.2bn. Profit Before Tax (PBT) increased to ₦22.4bn from ₦12.3bn in 2017, depicting ...

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Diamond Bank Launches Bigger And Better DiamondXtra Promo*** As Season 11 Kicks Off

Diamond Bank Plc on Wednesday, February 13, launched season 11 of its DiamondXtra savings Promo. The event which held at Regency Hall, Otunba Jobi Fele way, Agidingbi, Ikeja, Lagos  was a sequel to a successful Season 10, where lucky winners were rewarded with cash prizes of One Million Naira and Salary For Life. The bank had in the past 10 ...

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LivewithLynda announces most watched Nigerian Ads; Union Bank’s Enabling Success commercial tops the list

Those who have seen the impressive Enabling Success short film by Union Bank might not be surprised to learn it emerged the “most viewed Nigerian Ad’ in a recent review by advert critic, LivewithLynda. The TV commercial hit 3 million views on YouTube a few days ago, less than 5 months after its 2018 Independence Day release. By crossing the ...

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DIAMOND-ACCESS BANK MERGER: GOOD DEAL FOR STAKEHOLDERS

Sector

In less than three months, Diamond-Access bank will hold the record as the Nigerian bank with the largest customer base in Sub-Saharan Africa through its merger which will largely benefit its stakeholders. Through the merger, the employees, customers, depositors and shareholders of Diamond, Nigeria’s largest retail bank will reap from the bank’s operations. Diamond Bank shareholders will receive a consideration ...

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Google, UBA Collaborate to Provide Free Wi-Fi to Customers

Google

Africa’s global bank, United Bank for Africa (UBA) Plc has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches in Lagos State as part of plans to roll out 200 stations in the country. Google Station, a platform for providing free, high-speed Wi-Fi hotspots in public places, began in Lagos last year, and extended ...

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Ex-BBN Housemates recommend Heritage Bank’s Octopus for seamless operations

The Heritage Bank’s revolutionary advanced intelligent digital experience, known as Octopus has been endorsed by the 2018 Big Brother Double Wahala (season-3) housemates for its ground breaking innovative solution, crafted to meet the demands of an ever-growing active population with the aim to create and transfer wealth to stakeholders. Four of the 20 contestants, who were engaged with a task that ...

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Togetherforyou: LET ’S MAKE YOU SMILE THIS VALENTINE

Valentine

Love is definitely in the air for customers of Diamond and Access bank, as the new merger has set aside delightful offers to reward its loyal customers this Valentine season. Customers will be rewarded with loyalty points, cash-back, free websites for SMEs, giveaways and lots more by simply carrying out one or more banking transactions or using the banks’ services ...

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UBA Extends Africa Footprint, commences Full Operations in Mali

Mali

The pan African financial institution, United Bank for Africa (UBA) Plc on Monday commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa. The launch of UBA Mali  brings to 20, the number of African countries, where the Group currently operates, with global operations in the United States, United Kingdom and ...

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ACCESS, DIAMOND BANKS’ MERGER TO REVOLUTIONISE SECTOR

Sector

***INCENTIVES REMAIN UNDISTORTED The recent merger of Access Bank Plc and Diamond Bank Plc is a development that has attracted critical reviews, mixed expectations, and fears by industry experts and stakeholders alike. At the heart of such conversations are questions like: ‘Why the merger in the first place?’ ‘What happens to the shares of Diamond Bank, the offeree?’ ‘How do ...

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