Banking Archives - Business Journal

Stanbic IBTC Bank, a member of the Standard Bank Group has launched an integrated Marketing Campaign (IMC) on its Unstructured Supplementary Service Data (USSD) application, with the dedicated code, *909#. The *909# USSD string affords customers the opportunity to access wallet and banking services such as inter and intra bank transfers, airtime purchase, check balance,

(L-R): Angela Omo – Dare, Head, Country Legal Services, Stanbic IBTC Holdings PLC; Hon. Alamu Airat Mojirade, Education Secretary, Alimosho LGEA; Mrs. Oluwabunmi Morenikeji Oteju, Director, State Universal Basic Education Board, Lagos State and Mrs. Elizabeth Adebola Ogunmola, Head Teacher, Abaranje Primary School, Abaranje, Lagos State; at the handover ceremony of built modern toilets, septic tank,

Access Bank PLC recently released audited H1-19 numbers. The result was impressive as the bank recorded strong growth in both gross earnings and profitability. The strong performance was underpinned by funded income growth, with non-funded income underperforming the prior year. Consequently, the bank recorded a strong PBT growth of 61.7% y/y. Finally, the bank proposed

As another school year beckons, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, has introduced a suite of educational payment products that will ease the burden of school fees which parents and guardians have to bear. Stanbic IBTC Bank PLC, being a Nigerian bank, specifically developed the educational products, taking cognisance of

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period ended June 30, 2019. The Group also announced an interim dividend of 100 kobo. According to the Stanbic IBTC’s income statement, the Group recorded an increase in gross earnings to N117.4 billion, representing a 3% growth.

Ecobank Transnational Incorporated (ETI) announces that IFC and the funds managed by the IFC Asset Management Company (AMC) have completed the sale of their c.14.1 percent stake in ETI to Arise B.V. (Arise). Accordingly, Arise has become a shareholder of reference in ETI with a c.14.1 percent stake. Following the completion of the transaction, Paolo

P+ Measurement Services, a media intelligence and audit agency and MediaTrak, undertook the analysis to show, Nigerian Banking Industry Advertisement spend and placement in the month of July 2019. The report shows that there was an increase of 163, 762, 442 in the total Nigerian Banking Industry media advert spend in July compared to the month of June. TV media advert in

In keeping with its talent development strategy, a new set of Graduate Trainees are expected to commence their entry level development programme on Wednesday August 14 at the state-of-the art Ecobank Nigeria Academy in Lagos. The training programme which was launched in July this year is an intensive 8-week medley of learning interventions for fresh

Ecobank Transnational Incorporated, the Lomé-based parent company of the Ecobank Group, has announced the appointment of Nana Araba Abban as Group Consumer Banking Head with immediate effect.   Nana will be a member of the Group Executive Committee and report directly to the Group Chief Executive Officer. Commenting on Nana’s appointment, Ade Ayeyemi said- “We are happy

The Chief Executive and President Chartered Financial Analyst (CFA) Institute, Paul Smith has called for a closer collaboration with Ecobank Nigeria along areas of mutual interest in the nation’s  financial industry. Smith who was speaking during a courtesy visit to Management of Ecobank Nigeria in Lagos last Friday, said its call is predicated on the

The Chartered Institute of Bankers of Nigeria (CIBN) has accredited Ecobank Nigeria Academy in recognition of its compliance with regulatory standards and best practices. This comes after rigorous accreditation processes which included a high powered visit by the Registrar and members of the Institute’s accreditation committee that showed that Ecobank Nigeria has complied with and

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan says the bank is set to support the Nigerian movie industry to project everything good about Nigeria. Akinwuntan who spoke at the premiere of the movie ‘The Bling Lagosians’ in Lagos said Ecobank is determined to support the creative industry as they are most suited in the task