Category Archives: BUSINESS

HabariPay’s Squad Announces Dates For Take On Squad Hackaton 2.0

Invites Applications From Young Innovators Across Africa HabariPay’s Squad, payment fintech subsidiary of Guaranty Trust Holding Company Plc (“GTCO” or the “Group”), today announced dates for its annual social coding competition. Building on the success of the inaugural edition, “Squad

Wema Bank Kicks Off 80th Anniversary Celebration with “80 Years of Spreading Love” Valentine Campaign

Wema Bank has kicked off its 80th-anniversary celebration with the launch of its “80 Years of Spreading Love” Valentine campaign, running from February 1st to 28th, 2025. This campaign is the first in a series of exciting activities leading up

Investors Affirm Support for Fidelity Bank Plc with 238% oversubscription in the First Phase of Equity Capital Raise

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer and Rights Issue (the Combined Offer) following the completion of the capital verification exercise conducted by

₦1.1bn Fraud in First Bank: Court Orders Final Forfeiture of Stolen Funds to Federal Government

Justice A.O.Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of the sums of N1,168,602,877.44, (One Billion, One Hundred and Sixty Eight Thousand, Six Hundred and Two, Eight Hundred and Seventy Seven Naira, Forty

NASRE Commends Zenith Bank For Staff Welfare And Business Initiatives

The Noble Association of Social and Resourceful Editors (NASRE) has commended Zenith Bank for its recent groundbreaking initiative to promote over 4,000 employees while implementing salary increments of 20% to 30% across various staff grades. The association lauded the bank

Zenith Bank Enhances Staff Pay By Over 20% And Promotes Above 4,000

One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades.  This bold initiative,

Court Orders Arrest of Access Bank MD Over Allegation of Theft of Property Belonging to Obanikoro’s Son

Lagos State High Court judge, Justice Ibironke Harrison, has ordered the arrest of Access Bank’s acting Managing Director, Bolaji Agbede, and three other defendants. The Judge made the order when the defendants, including Balmoral International Limited, DDSS International Company Limited,

Court Orders Arrest of Access Bank MD, Bolaji Agbede, Others Over Alleged Property Theft

Justice Ibironke Harrison of the Lagos State High Court has ordered the arrest of Access Bank’s acting Managing Director, Bolaji Agbede and three others for allegedly failing to appear for arraignment. The judge’s order also affected Balmoral International Limited, DDSS

GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion 

Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted the victims of the recent flooding in some parts of Jigawa State with a solidarity visit to Dutse, the state capital, during which they made donation of assorted items of relief