First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country to open the FirstBank account through their mobile phones, without visiting any of its branches nationwide.
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The Lagos State COVID-19 response has received 5 ambulances in addition to a cash sum of N200 million earlier received from BUA Foundation, the philanthropic arm of BUA Group, one of Africa’s leading foods, and infrastructure conglomerate.
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.
Nigeria’s second-largest cement company, BUA Cement has recorded a 47.5% increase in revenues of N175.52billion in its just-released full-year results for the 2019 Financial Year on the Nigerian Stock Exchange.
Ecobank Nigeria has reiterated that its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria.
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn while profit after tax rose by 10% up from N2.79bn to N3.06bn. The company also maintained a robust balance sheet closing the year with total assets of N40.1bn and a shareholders’ fund of N25.9bn.
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