Monthly Archives: March 2018

PaySend spreads the FinTech revolution in Africa through partnership with Access Bank Nigeria

paysend aCCESS

Card-to-card payments disrupter PaySend continues to bring a new generation of money transfers to the African market through its new partnership with Access Bank Nigeria.PaySend’s rapidly expanding business now operates in more than 60 countries and it is looking to boost its presence across Africa.

CHIVITA JUICES CO-SPONSORS WORLD SPEECH DAY LAGOS AS EXCLUSIVE BEVERAGE PARTNER

WPD

As part of its consumer engagement and brand building efforts, Chi Limited, through its range of innovative, high quality, refreshing Chivita Juices recently co-sponsored this year’s edition of World Speech day Lagos. In partnership with organizers of the World Speech Day Lagos, Chivita Juices was the exclusive beverage partner to provide unrivalled refreshment to participants as they unleashed their potentials through the power of speech.

GTBank Declares Full Year 2017 PBT of N200.24Billion

Guaranty_Trust_Bank

Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.
A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings for the year grew by 1.1% to ₦419.2billion from ₦414.6billion reported in the December 2016; driven primarily by growth in interest income as well as e-payment revenues. Profit before tax stood at ₦200.2billion, representing a growth of 21.3% over ₦165.1billion recorded in the corresponding year ended December 2016. The Bank’s loan book dipped by 8.9% from ₦1.590trillion recorded as at December 2016 to ₦1.449trillion in December 2017 while customer deposits increased by 3.8% to ₦2.062trillion from ₦1.986trillion in December 2016.

GTBank Declares Full Year 2017 PBT of N200.24Billion

Guaranty_Trust_Bank

Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.
A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings for the year grew by 1.1% to ₦419.2billion from ₦414.6billion reported in the December 2016; driven primarily by growth in interest income as well as e-payment revenues. Profit before tax stood at ₦200.2billion, representing a growth of 21.3% over ₦165.1billion recorded in the corresponding year ended December 2016. The Bank’s loan book dipped by 8.9% from ₦1.590trillion recorded as at December 2016 to ₦1.449trillion in December 2017 while customer deposits increased by 3.8% to ₦2.062trillion from ₦1.986trillion in December 2016.

Zenith Bank Partners Mastercard to Pioneer QR Payments on Facebook

ZENITH-BANK-PLC

Foremost Nigerian Financial Institution, Zenith Bank Plc has confirmed that it is in a strategic partnership with Facebook and Twitter to launch a Masterpass QR bot for Facebook messenger, that will enable Nigerian businesses set up digital accounts and accept QR payments.