Business

Nigerian Bank Set to Disburse N130 Million to Customers in New Savings Campaign

Stanbic IBTC Bank has announced the launch of the fourth season of its Reward4Saving Promo, through which it will distribute over N130 million to its customers. The initiative is designed to reinforce the bank’s ongoing commitment to encouraging a savings culture among Nigerians. To qualify for the campaign, customers need to deposit and maintain a

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Record-Breaking: Nigerian Banks Shatter Records With N4.2 Trillion Profit In 2024

In a remarkable display of financial resilience, seven leading Nigerian banks collectively reported a profit of N4.2 trillion for the 2024 fiscal year, defying the pressures of a challenging economic environment. The banks—Zenith Bank, United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO), First Bank (FBN Holdings), Fidelity Bank, Stanbic IBTC, and Wema Bank—delivered

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