NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA Merchant Bank. SEC had reported that a total of 21…
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. The increase in salary by up to 50% across all staff categories by the Board of Directors is a strategic move which shows a resounding display of commitment to its workforce and comes…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is celebrating the 6th year of operation of its flagship artificial intelligent Digital Assistant and Chatbot – Leo, and has announced new offerings aimed towards deepening the face of digital banking in Nigeria. Since its launch on January 11 2018, UBA’s Leo has emerged not merely as a…
……..With over 4.6 trillion-naira loans to customers in Q3 2023, FirstBank is committed to economic growth and transformation. At the dawn of the new year, it is natural for the Nigerian banking sector operators to anticipate dynamic shifts in regulations, increased digital innovations, and a focused approach toward sustainable growth and financial inclusion, while both…
Zenith Bank Plc has been listed in the World Finance 100 2023 released by World Finance Magazine, achieving the feat as the only Nigerian company in the prestigious and exclusive listing. Zenith Bank’s inclusion in this elite list underscores the bank’s outstanding achievements and resilience in a dynamic and competitive global market. The World Finance…
Bloomberg announced today that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). By integrating TOMS into its workflow, FirstBank UK will have access to a comprehensive suite of data and analytics, communications, as well as order and…
….,.Wins Bank of the Year Africa 2023 .. . .. ..Subsidiaries Come Top in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, and Tanzania. Africa’s Global bank, United Bank for Africa (UBA) Plc, has again demonstrated its prowess on the international stage as it clinched nine prestigious awards at The Bankers…
Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French Government to establish a subsidiary of Zenith Bank Plc in France. The MoU, which was signed by the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, and the French Minister for Trade, Attractiveness and French Nationals Abroad, Mr. Olivier Becht…
Africa’s global bank, United Bank for Africa (UBA) Plc, has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry Summit, held in Lome, Togo. The Africa Financial Industry Summit (AFIS), organized by Jeune Media Group, publishers of pan-African publications, Jeune Afrique and African Report, is largely renowned for its…
Access Bank PLC has received an endorsement from S&P Global Ratings (S&P) for its Sustainable Finance Framework (or otherwise, Sustainability Bond Framework). S&P affirmed that Access Bank’s framework aligns with international standards, including the Green Bond Principles (GBP), ICMA 2021; Green Loan Principles (GLP), LMA/LSTA/APLMA 2021; Social Bond Principles (SBP), ICMA 2021; Social Loan Principles…
