Category: Business

Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. Speaking at the bank’s 37th Annual General Meeting (AGM) held virtually on Tuesday, April 29, 2025, the National Chairman of The Progressive Shareholders Association, Chief Boniface Okezie, praised the bank, saying, “This is a superlative performance and we the shareholders are grateful to management and staff for giving us a bank to be proud of. It is also important to note that the bank has earned…

Read More

C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is subject to regulatory approvals including from the Central Bank of Nigeria, reflects C‑One’s commitment to ensuring stability, protecting customers, and building a more resilient financial services platform. Upon completion, it will see Bankly’s services and talent integrated with complementary offerings from…

Read More

Union Bank of Nigeria has rewarded another set of customers in the ongoing Save and Win Palli Promo 4 campaign. Six lucky customers each won a brand-new motorcycle, and 120 additional winners won cash prizes. The third monthly hybrid live draws were transparently conducted at the Bank’s Sabo, Yaba Branch in Lagos under the supervision of relevant regulatory institutions. For integrity purposes, some of the winners were contacted to congratulate and remind them that the Bank will never call to request or confirm their confidential banking details such as BVN,…

Read More

Polaris Bank has reaffirmed its unwavering support for the National Drug Law Enforcement Agency (NDLEA) in the fight against drug abuse, trafficking, and money laundering in Nigeria and beyond. The pledge was made by the Bank’s Managing Director/CEO, Kayode Lawal, during a courtesy visit by a 15-member NDLEA management team to the Bank’s headquarters in Lagos last Wednesday. Polaris Bank has been a longstanding supporter of NDLEA’s mission, sponsoring advocacy initiatives, and media campaigns, and providing tools and infrastructure to aid the agency’s operations. Speaking during the visit, Mr. Lawal…

Read More

  Union Bank of Nigeria, under its Made In Naija initiative, emphasised its commitment to supporting homegrown businesses by recently sponsoring the RISE Business Challenge at the University of Lagos, Akoka, during the 6th Annual Youth Leadership Conference. Dubbed Turning Point 6.0, the Resilience, Innovation, Social Responsibility, and Entrepreneurship (RISE) Challenge is a collaboration between Union Bank and the conference convener, Mr Olusegun Odufuwa, to empower youth-led businesses with financial and mentorship support through a pitch competition. Targeted at uplifting young men and women with requisite entrepreneurial skills, the event…

Read More

Tier one bank, Fidelity Bank PLC, has been named “Nigeria’s Best Private Bank” at the prestigious Euromoney Awards 2025. The recognition was formally unveiled at the awards ceremony held recently at The Savoy in London.  The Euromoney Awards for Excellence are prestigious annual honors and a benchmark for excellence in the global banking and finance industry. Established by Euromoney magazine, the awards highlight outstanding performance, innovation, leadership, and service excellence across various financial sectors and regions. Commenting on the award, Managing Director and Chief Executive Officer of Fidelity Bank PLC,…

Read More

In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform, OneBank. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut from customer transactions on its own app. The initiative marks a turning point in the industry and reflects the bank’s deep-rooted commitment to building a future where banking is affordable, accessible, and in tune with the everyday needs of Nigerians. “This is not a gimmick. This is the…

Read More

In celebration of the 2025 edition of Global Money Week (GMW), Polaris Bank took its financial literacy advocacy to NANA College, Warri, Delta State, where students received firsthand insights on money management, saving, and investing. The event, held within the school premises, witnessed an impactful engagement led by Mr. Andrew Komori, the Group Head of Polaris Bank, who represented the MD/CEO at the event. Addressing a hall packed with enthusiastic students and faculty members, Mr. Komori delivered a compelling lecture on financial literacy, emphasizing its critical role in shaping a…

Read More

As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, recently donated food packs to Federal Capital Territory (FCT) Abuja residents. Themed, the Fidelity Food Bank initiative, the outreach saw the bank’s officials distribute the food items to seven communities in the Mabushi district of the FCT. Speaking at the distribution event, the Executive Director, North, Fidelity Bank Plc, Mr. Sufiyanu Garba, emphasized the bank’s commitment to community development and its alignment with Sustainable Development Goal 2, which seeks to eradicate hunger. “This initiative stems…

Read More