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The International Press Centre in Lagos has said it is outraged by the detention of Premium Times Security Sector Reporter, Samuel Ogundipe, as well as the harassment of the newspaper’s Editor-In-Chief, Musikilu Mojeed, and Education Reporter, Azeezat Adedigba, on Tuesday. While Mojeed and Adedigba were released after being arrested, detained and harassed, Ogundipe was still being held as at press ...
Business
August, 2018
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14 August
Wema bank in monumental boardroom crisis, 5 key managers sacked!
One of the third tier financial institutions in Nigeria, Wema Bank Plc is in crisis. 5the 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 own loyalists in their ...
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13 August
UBA commences Saturday banking operations
In bid to serve its numerous customers better, pan-African financial institution, United Bank for Africa (UBA) Plc has announced opening for business on Saturdays. In a notice to its customers on Friday, the lender, however, disclosed that banking operations on Saturdays would only be offered in “select branches across the nation.” UBA said the services to be offered during the ...
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13 August
Fidelity Bank denies ordering assault on customers at Lagos branch
Fidelity Bank Plc has released an official statement addressing a viral video where one of its branch managers allegedly ordered security men to beat up customers for allegedly being rude. The incident took place in the Alagbado area of Lagos on Thursday. The bank also released CCTV footage on Sunday via its Twitter handle as evidence of what supposedly happened ...
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9 August
GTBank Records Profit Before Tax of N109.6BN for H1 2018 Audited Results
Guaranty Trust Bank plc has released its audited financial results for the period ended June 30, 2018 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings for the period grew by ...
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7 August
Access Bank staffer arraigned for stealing customers’ N13 million
A staffer of the Herbert Wigwe’s led Access Bank Plc, Kolawole Agboola, has been arraigned at the Tinubu Chief Magistrates’ Court in Lagos Island on a three-count charge of conspiracy, fraud and theft. The accused allegedly stole N13.6 million from the accounts of two customers of the Bank. He however pleaded not guilty to the charges. The Idimu, Lagos-based 29-year old banker, according to the ...
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7 August
UBA’s Leo launched on WhatsApp
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 With Leo now on ...
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7 August
Zenith Bank Records N82bn Half-year Profit, Pays N9.4bn Interim Dividend
Zenith Bank Plc yesterday announced an interim dividend of N9.42 billion for the half year (H1) ended June 30, 2018, following the release of the bank’s results. The dividend, which translates to 30 kobo per share, is higher than the N7.5 billion or 25 kobo paid in the corresponding period of 2017. According to notification to the Nigerian Stock Exchange ...
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3 August
Fidelity Bank, WorldRemit Introduce Instant Money Transfers
Fidelity Bank has partnered WorldRemit, a digital money transfer service, to enable customers in over 50 countries send money instantly to bank accounts in Nigeria directly from their mobile phones The new partnership further expands WorldRemit’s footprint in the country and allows the 15 million- Nigerian diaspora living in over 50 countries, including the United States, the United Kingdom, and ...
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2 August
Zenith Bank upgrades its mobile app and Introduces QWERTY Banking
Foremost Nigerian financial institution, Zenith Bank Plc has upgraded its Mobile App to include QWERTY Banking, a new feature that enables users perform banking transactions while chatting on any social messaging platform Zenith QWERTY Banking is designed to enable people perform transactions conveniently, while conversing with business partners or chatting with friends and loved ones. It supports funds transfers, airtime ...
