Author Archives: Shalom

Fidelity Bank Resumes Foreign Transactions On Debit Cards

ABUJA, (Sundiata Finance) – Fidelity Bank Plc, one of Nigeria’s foremost financial institutions has announced resumption of international transactions on debit cards and raised the monthly international spend limit on its Naira Visa Credit and Debit Cards to $1,000. The move is in response to customer needs and the improved foreign exchange liquidity in the banking system, a fall-out of ...

Read More »

Access Bank, UNICEF Mark 10yrs Commitment To Africa

By Nse Anthony-Uko (Sundiata Finance) — Access Bank Group, along with 5th Chukker, The Access Bank UK and Access Private Bank hosted the 10th annual ‘Access Bank Polo Day’ at the Guards Polo Club, Windsor. The annual event is part of its continued support of UNICEF and the climax to the high-profile Access Bank/UNICEF Charity Shield Polo tournament, celebrating a ...

Read More »

Banks Borrow N4trn From CBN Standing Lending Window In May

By Nse Anthony-Uko (Sundiata Finance) — The Central Bank of Nigeria (CBN) has granted credits totaling N4.05 trillion to commercial banks through the Standing Lending Facilities (SLF) window in May, a decline of 24 per cent from N5.3 trillion in April. Commercial banks use the CBN’s SLF window to support their liquidity shortfalls and meet trading obligations on short term basis. ...

Read More »

Legacy Fund: AIICO Transfers Assets To PTAD

By Nse Anthony-Uko (Sundiata Finance) – AIICO Insurance Plc said it has transferred assets, which includes, landed property, private equity holding and cash as legacy funds in its custody to Pension Transitional Arrangement Directorate (PTAD). Speaking during the formal handing over ceremony, the Executive Secretary, PTAD, Sharon O. Ekeazor, said, since the Pension Reform Act(PRA) 2014, vested all pension assets, ...

Read More »

First Bank’s *894# Quick Banking Fosters Convenience, Financial Inclusion

By Nse Anthony-Uko (Sundiata Finance) — First Bank of Nigeria Limited has redoubled its quest for financial inclusion in Nigeria with the introduction of *894# Quick Banking service, a banking application that will deliver unrestricted banking power to customers. Financial inclusion is the provision of a broad range of high quality financial products such as savings, credit, insurance, payments and ...

Read More »

United Capital Posts N2.38bn Profits In H1

  By Nse Anthony-Uko (Sundiata Finance) — United Capital Plc, an investment banking group in Africa, has announced N2.378 billion as profit before tax for the first half of the year, ended June 30, 2017. According to the company’s result of the Nigerian Stock Exchange (NSE), on Wednesday, this shows 7.89 per cent decrease over N2.581 billion posted in the ...

Read More »

Guinea Insurance Records N907m Gross Premium

By Nse Anthony-Uko (Sundiata Finance) — Guinea Insurance Plc recorded N907 million Gross Written Premium (GWP) in its 2016 financial statement as against N870 million it reported in 2015, representing 4.18 percentage growth. The Executive Director, Finance and Administration of the company, Pius Edobor, in a statement on Wednesday added that the firm’s Shareholders’ Fund in 2016 was 2.897billion and N2.899billion ...

Read More »

Zenith Bank Directors To Set Interim Dividend, Meet July 26

  By Nse Anthony-Uko (Sundiata Finance) — The Management of Zenith Bank Plc is expected to meet on July 26, 2017 and decide on interim dividend payable to shareholders who invested in the financial institution according to Zenith Bank’s company secretary/general counsel, Mr. Michael Otu. Otu in a statement stated that the group audited interim accounts and financial has been ...

Read More »

Fidson Pharmaceutical Targets N14bn Revenue In 2017

  By Nse Anthony-Uko (Sundiata Finance) — Indigenous pharmaceutical company, FIDSON Plc, has set a target of about N14 billion revenues this year after opening the fourth manufacturing facility in Ota, Ogun state. Speaking while receiving the minister of Science and Technology Dr. Ogbonnaya Onu, who was on tour of some industries in Lagos, the managing director of the firm ...

Read More »
Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: +234(0)92900705, +234(0)8173460599
Whatsapp: +234(0)8053069436
BBM PIN: 5619150D

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143

Washington Office: 1245 Delafield PI NE, Washington DC 20017, USA.
Tel: 0092404216156
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate