Business Archives

Access Bank’s USSD security advancement secures customers against fraud

Aug 18, 2021 topnews

In its continous efforts to safeguard the resources of customers with advanced technology, Access Bank Plc has introduced the 901911# USSD code, a solution that allows customers act swiftly to prevent fraudulent activities on their accounts. The service allows customers of all account types to deactivate a USSD profile simply by dialling 901911# from any phone, inputing the registered phone number for the account to be protected and this automatically locks out fraudsters from the individual’s account. Over the years, Access Bank has remained committed to educating its customers, informing…

Enjoying banking convenience with FirstBank’s Firstmobile

Aug 18, 2021Aug 18, 2021 topnews

As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to this aggressive drive. The efforts in this regard include building and constantly improving on its product offerings like the FirstMobile, its industry-leading mobile banking app; FirstOnline, the internet banking portal and many other platforms provided by the Bank to ensure banking operations are performed with ease and convenience without having to be physically present at the bank. In line with its commitment to offer…

FIRSTBANK SPONSORS THE 5TH EDITION OF THE CHIEF OLUSEGUN OBASANJO GOLF TOURNAMENT

Aug 13, 2021Aug 13, 2021 topnews

First Bank of Nigeria Limited has announced its sponsorship of the 5th edition of the Chief Olusegun Obasanjo golf tournament, organized by the Abeokuta golf club. The competition, which is scheduled to hold on Saturday, 14th August 2021 will have Chief Obasanjo perform the ceremonial Tee-off to the glamour of the 150 golfers participating from across Nigeria. Speaking on the competition, Kola Adeneye, the Captain of the Abeokuta golf club, said; “Abeokuta golf club is putting up this tournament, fully sponsored by First Bank of Nigeria Limited to celebrate Chief…

FIRSTBANK IMPACTS ITS FIRSTMONIE AGENTS WITH A 100 BILLION NAIRA LOAN

Aug 8, 2021 topnews

Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it has economically empowered its Firstmonie Agents with the sum of N100 billion. The Bank currently has over 120,000 Firstmonie Agents, spread across 772 Local Government Areas in the country. The Agent Credit scheme was created by the banking giant to promote and expand the business activities of its foremost agent banking platform – Firstmonie Agents – whilst putting them at an advantage to positively…

Sterling Bank officials in N1.7b FRAUD

Aug 1, 2021Jul 1, 2024 topnews

Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal in which bank officials and a businessman colluded to siphon the said amount from a customer’s account. The case which is currently before an Ikeja High Court, Lagos, details how an official of the bank, Ifeanyichukwu Shallom Isituah and a businessman, Ighodaro Austin Osaretin allegedly stole the sum of N1,790,558,000 belonging to a customer of the bank. An operative of the Economic and Financial Crimes Commission (EFCC), Adamu Mohammed, told the court that the agency received a petition…

Guaranty Trust Annual Autism Conference Holds August 3-4 at Muson Centre, Lagos

Jul 23, 2021Jul 23, 2021 topnews

The eleventh edition of the Guaranty Trust Annual Conference will hold on Tuesday and Wednesday, August 3 and 4, at the Muson Center, Lagos. Themed, “Life Beyond the Diagnosis,” the conference will feature in-depth conversations on supporting people living with autism facilitated by medical experts and specialists from around the world. Guaranty Trust has been at the forefront of the advocacy for children and adults living with autism. Its Annual Autism Conference is the major rallying point for driving awareness about Autism, campaigning against the social stigma associated with developmental…

FirstBank Celebrates 2021 Corporate Responsibility and Sustainability Week, Calls for All to Adopt Kindness as a Way of Life

Jul 21, 2021 topnews

The best definition of kindness is not one provided by any of the world’s best dictionaries but one demonstrated by how we treat others on a daily basis. Kindness is a universal language that does not require any special knowledge, exposure, skills, training or background to understand and appreciate it as a beneficiary or observer of a kind act. Neither is any special knowledge or training required to show and extend it to others. Just as anyone and everyone can be shown acts of kindness, all persons without exception can…

Positioned for Growth: Guaranty Trust Bank Completes Corporate Reorganization

Jul 15, 2021 topnews

Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company. The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well…

NGX Welcomes Guaranty Trust Holding Company Plc with Closing Gong Ceremony

Jul 14, 2021 topnews

The Nigerian Exchange (NGX) Limited, on Tuesday, July 13, marked the listing of Guaranty Trust Holding Company Plc’s (“GTCO Plc”) shares with a Closing Gong Ceremony on the main floor of the exchange. This follows the completion of all regulatory requirements for the corporate reorganization of the leading financial institution into a holding company structure and the listing of GTCO Plc, on the Nigerian Exchange (NGX) Limited and the London Stock Exchange, replacing Guaranty Trust Bank Plc. Guaranty Trust was first listed on the Nigerian Exchange in 1997, winning the…

HOW CUSTOMERS’ INCREASED TRUST IN FIRSTBANK’S *894# USSD BANKING CAN BOOST THE FINANCIAL INCLUSION DRIVE

Jul 14, 2021 topnews

The path to financial inclusion holds different marketplace barriers and opportunities in different countries, but the push continues because of proof that an increase in economic activities among the financially vulnerable can reawaken a comatose economy. For Nigeria, the last three years have seen significant growth of the financial inclusion rate from 56.8% in 2016 to 63.2% in 2018. FirstBank’s *894# USSD banking service is playing a key role in it. FirstBank’s *894# USSD banking initiative is already averaging about 99 million transactions monthly, with a naira worth of (N’m)…