By Ayomide Otitoju In a landmark move, The Access Bank UK Limited has officially opened its Hong Kong branch, marking a significant expansion into the Asia-Pacific region and making it the first West African bank to establish a presence in Hong Kong. The new branch, a restricted licence bank, is a strategic development aimed at…
By Ayomide Otitoju FirstBank, West Africa’s leading financial institution, is set to host its 6th annual Fintech Summit on November 13 and 14, 2024. Themed “Banking on Partnerships,” this year’s summit will gather top industry experts, innovators, and leaders from around the world to discuss the latest advancements and trends shaping financial technology. Launched in…
By Ayomide otitoju Airtel Nigeria has unveiled its latest television campaign for its Home Broadband suite of products, designed to offer Nigerians seamless and unlimited internet connectivity. The campaign, launched at an exclusive private screening at Ebonylife Place in Lagos on Tuesday, 5th November 2024, features a flagship TV commercial starring Farooq Oreagba, also known…
By Ayomide Otitoju Zenith Bank Plc has announced the successful completion of a major technology infrastructure upgrade, now positioning itself as a leader in cutting-edge banking solutions within the industry. The upgrade aims to deliver an enhanced customer experience and superior service, the bank stated in a social media message on Wednesday signed by Dame…
By Ayomide Otitoju Dangote Industries Limited (DIL) has reinforced its dedication to driving Nigeria’s economic diversification through strategic investments aimed at fostering growth and job creation. This commitment was highlighted by Hajiya Fatima Aliko-Dangote, Group Executive Director of DIL, at the ongoing 2024 Lagos International Trade Fair. Represented by Mr. Dolapo Alli, Director of Depot…
By Ayomide Otitoju PalmPay, a prominent Nigerian fintech platform, has been recognized as the “Most Outstanding Fintech Driving Financial Inclusion” at the 2024 BrandCom Awards in Lagos. The award, presented by Brand Communicator, acknowledges PalmPay’s significant efforts in expanding access to financial services across Nigeria. In a statement, PalmPay celebrated the honor as a testament…
By Ayomide Otitoju The Nigerian National Petroleum Company (NNPC) Limited has called for enhanced collaboration and transparency in the global energy sector’s efforts to phase out carbon emissions and achieve net-zero by 2050. Group CEO of NNPC Ltd, Mele Kyari, made this statement during a Strategic Panel Session titled “Decarbonising Operations across Upstream, Midstream and…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has raised concerns over inadequate funding for domestic gas projects, attributing the shortfall to a reliance on international oil companies (IOCs) that prioritize export over local gas development. This was disclosed by NNPCL’s Group Chief Executive Officer, Mele Kyari, at the 40th Abu Dhabi International…
By Ayomide Otitoju MTN Nigeria, the country’s largest telecommunications provider, has completed the acquisition of the remaining 7.17% minority interest in MoMo Payment Service Bank (PSB) for N6.95 billion, further solidifying its position in Nigeria’s financial services sector. The transaction was detailed in MTN Nigeria’s unaudited financial results for the nine months ending September 30,…
