GTCo Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One Financial Services Limited
Written by Kunle Awosika
07 February, 2022
The Guaranty Trust Holding Company Plc (GTCO Plc or the Group) (GTCOplc.com), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) (together, the Companies) held by Investment One Financial Services Limited (IOFS or the Seller).
Dangote receives CILT Champion Award, pledges collaboration with Institute
Written by Kunle Awosika
02 February, 2022
President/CE, Dangote Industries Limited and Africa's wealthiest man, Aliko Dangote yesterday received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and support in areas of transport, logistics and supply chain management in Nigeria and Africa.
Duke of Shomolu Productions Promotes its 2022 Stage Plays, Institutionalises Corporate Support for Nigerian Theatre
Written by Kunle Awosika
02 February, 2022
On Thursday, 3 February 2022, Nigeria’s foremost theatre production company, Duke of Shomolu (DOS) Productions will host entertainment and corporate Nigeria at Southern Sun Hotel, Ikoyi, Lagos.
Access emerges as most valuable banking brand in Nigeria
Written by Kunle Awosika
02 February, 2022
For the first time in three years, Access Bank has overtaken Zenith Bank as the most valuable banking brand in Nigeria, the latest 2022 top 500 global valuable banking brands index has shown.
Ecobank drags another customer to court over alleged N8.7bn debt
Written by Kunle Awosika
31 January, 2022
In a bid to recover alleged debt of N8,701,770,328.83, Ecobank Nigeria Limited has dragged a Lagos businessman, Mr. Victor Osibodu and his company Vigeo Limited before a Federal High Court, Lagos, Nigeria.
LG Brings AFCON 2021 Stadium Experience to Homes With OLED TVs, WINS CES 2022 AWARD
Written by Kunle Awosika
31 January, 2022
After a long wait, the 2021 Africa Cup of Nations (AFCON) finally kicked off with a glittering opening ceremony on Sunday, January 9, in Yaoundé, Cameroon.
In Nigeria SMEs, Firstbank’s SMEConnect Portal lead at all fronts
Written by Kunle Awosika
31 January, 2022
Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain key to sustaining its relevance to not just its host communities but the global community.
CBN reduces ATM withdrawal charges, inter bank transfers fees
Written by Jenny Ese Obukohwo
29 January, 2022
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review of charges for electronic banking transactions. The review is in its revised guidelines to charges by Banks, Other Financial Institutions (OFIs), and Non-Bank Financial Institutions, Naira Metrics reports. In the amended guidelines on charges by banks, other financial institutions (OFIs), and non-bank financial institutions, CBN downward reviewed charges for electronic banking transactions. This is according to the circular by Chibuzor Efobi, the Director, Financial Policy and Regulation Department, titled “Re: Guide To Charges By Banks, Other Financial And Non-Bank Financial Institutions.” The CBN stated that the review was in response to “further evolution in the financial industry in the last few years.’’ The new guide, according to the apex bank, includes a review of other bank charges in order to comply with market changes. There were some changes like withdrawals…
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