In furtherance of the need to promote the business activities of its foremost agent banking platform; Firstmonie Agents, Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities up to one million naira to its banking agents. The Bank currently has over 86,300 Firstmonie Agents, spread across
The Board of GCB Bank Limited has announced the appointment of Mr. Emmanuel Odartey Lamptey as the new Deputy Managing Director (DMD) – Operations. Mr Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on Wednesday, 20th January 2021 by Justice Sophia Bernasko Essah, a Justice of the Court of
Innovative digital solutions will enhance mobile-based payments for issuers, merchants, acquirers and consumers Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption
At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the
GCB Bank Limited has been rewarded by the Accra Metropolitan Assembly (AMA) for its role in the fight against the COVID-19 pandemic in the Accra Metropolis and the entire country. The plaque was presented to GCB Bank at a short ceremony held at the City Hall of the AMA to reward various organizations that partnered
Mastercard Economics Institute report estimates that 20-30% of the COVID-related surge in e-commerce spending to be a permanent feature in share of overall retail spending Young and digitally savvy populations across the Middle East and Africa (MEA) are key to long-term growth outlook, but youth unemployment poses a threat to growth prospects The opportunity for
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card is a suitable alternative
GCB Bank reopened its Derby. Avenue Branch at a ceremony held on 4th January 2020. The branch was commissioned by Mr. Kofi Adomakoh, the Managing Director. In delivering his speech, the Managing Director acknowledged and thanked the customers for their loyalty and patronage MD of GCB Bank, Mr. Kofi Adomakoh cutting the ribbon at the
The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on 28th November.
Standard Bank Group has been recognised once again for its accomplishments over the past year. This time round, the bank has secured prestigious country awards in South Africa, Lesotho, Zambia, Zimbabwe and Angola in the Bank of the Year awards for 2019. Regarded as the industry standard for banking excellence, The Banker’s (part of the
