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Business

Diamond Bank Trains Business Owners in Ibadan

Magic Wand

In line with its strategic drive and promise to enhance the development of young enterprises in Nigeria, Diamond Bank held a business workshop for small and medium scale business owners within Ibadan metropolis on how to manage their financial records and thrive in a competitive business environment. The Diamond workshop which was held at the Segun Aganga Hall of the International ...

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Singapore Government Invites Jumia CEO to Speak on Digital Economy & Consumerism in Africa

Economy

The government of Singapore, through Enterprise Singapore has invited the chief executive officer of Jumia Nigeria, Mrs Juliet Anammah to join other respected business leaders across Africa and Asia to lead discussions around digital economy, business financing, and consumerism. Entreprise Singapore is the country’s agency vested with the responsibility of championing enterprise development and organising the 2018 Africa Business Forum ...

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Heritage Bank achieves PCI DSS Version 3.2 recertification

Top shape

Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved the International Organisation for Standardisation ISO 27001:2013 recertification recently.   With its legacy of innovation, the recertification reaffirms the bank’s leading position in the payment card industry in Nigeria, as first to issue ...

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Wema Bank: Loyalty War Tears Bank Apart

Ademola Adebise

One of the third tier financial institutions in Nigeria, Wema Bank Plc is in crisis. This newspaper gathered that the new Managing Director, Ademola Adebise has clampdown on ex-Managing Director, Olusegun Oloketuyi’s loyalist. Insiders at the bank squealed to us that the new MD is plotting to remove some top bank employees loyal to the former MD and install his ...

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UBA’s Leo launched on WhatsApp

National Essay

Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to customers by September 1st, 2018 ...

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VERDANT ZEAL GROUP APPOINTS OLADIPO ADESIDA AS PIONEER CHIEF OPERATING OFFICER

Verdant Zeal Marketing Communications Group, an emerging marketing and communications conglomerate, has appointed Mr. Dipo Adesida as its pioneer Chief Operating Officer effective from 1st of August, 2018. This announcement was made by the Executive Vice Chairman of the organization, Dr. Tunji Olugbodi on behalf of the Board and Management of the organization. In a statement signed by Dr Olugbodi, ...

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Heritage Bank supports MSMEs to grow into generational conglomerates

Top shape

Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has assured promoters of Micro, Small and Medium Enterprises (MSMEs) of support to enable them grow their businesses into generational conglomerates. The MD/CEO of the Bank, Mr. Ifie Sekibo disclosed this in a statement signed by the Divisional Head, Corporate Communications of the bank, Mr. Fela Ibidapo over the weekend. According ...

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DIAMOND BANK DRIVES GROWTH WITH 3MILLION DIGITAL CUSTOMERS IN Q2 2018

Magic Wand

Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail business segment through its digital penetration strategy. The report showed that the Bank’s digital strategy is paying off as the institution recorded ...

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NIGERIAN BREWERIES RECORDS N18 BILLION PROFIT FOR HALF YEAR 2018

LIPFEST

Nigerian Breweries Plc has announced a Profit after Tax of N18 billion for the first half of 2018, according to the unaudited financial results released to The Nigerian Stock Exchange. The N18 billion represents a 22 per cent decrease over the N24 billion recorded in the corresponding period in 2017. An analysis of the filing sent to The Nigerian Stock ...

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TRANSCORP HOTELS PLC HY 2018 PROFIT AFTER TAX EXPANDS BY 85%

Trancorp

The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning Per Share of 17.84 Kobo. Transcorp Hotels delivered a commendable 29% year-on-year growth ...

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