Access Bank has reinforced its drive for inclusive development by hosting a rural health outreach in Ikotun, Lagos, under its “One Bank, One Continent – Together for Health” campaign. The outreach is part of the Bank’s wider ESG and CSI commitments to improving quality of life and driving real impact across Africa. The outreach, held recently, delivered free medical services and essential relief materials to over 300 residents of Ikotun. Services ranged from general health screenings and consultations to the distribution of vital supplies aimed at addressing both immediate healthcare…

The Asset Management Corporation of Nigeria (AMCON) has transferred its 34 per cent equity stake in Unity Bank Plc to Providus Bank. The deal, valued at N6.5 billion, covers 4 billion Unity Bank shares sold at N1.66 per share. The transaction paves the way for Unity Bank’s full integration into Providus Bank, subject to shareholder approval and regulatory clearance. The merger is designed to establish a stronger financial institution with an extensive retail network and advanced digital capacity, positioned to drive growth and stability in Nigeria’s banking sector. A source…

OxygenX, a leading digital lending company committed to empowering people and businesses to thrive, has taken its impact beyond financial solutions by leading an environmental sustainability effort in Lagos. The Oxygen X team, in partnership with the JOMO Climate Change Initiative, executed a cleanup and advocacy drive at Ketu Market, Lagos on the 3rd of September,2025. The initiative was fully sponsored by Oxygen X and engaged key community stakeholders, including the Lagos State Waste Management Authority (LAWMA) and the Ketu Market Leader (Baba Oloja). The market cleanup initiative directly reached…

FirstBank, the premier West African bank and a leading financial inclusion service provider, is set to introduce tailored financial services for blind, partially sighted, and physically challenged customers across its operations. This initiative is part of FirstBank’s broader continuous commitment to promoting Financial Inclusion and Diversity, which is shown in its policies, partnerships and initiatives such as its employees’ ratio of female to male (about 41%:59%; and 37% women in management roles) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase…

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group recorded profit before tax of ₦600.9billionon the back of strong performance on core earning lines of interest income and fee income, which grew y-o-y by 31.5% and 33.0%, respectively. The strong core-earning performance doused the impact of the ₦493.01bn fair value gains recognised in H1-2024 which did not recur in H1-2025, thereby…

In line with its commitments of promoting sports and developmental initiatives at all levels, First Bank of Nigeria Limited is partnering the organizers of the first of its kind E1 Lagos GP an all-electric powerboat racing championship, set to hold between the 3rd and 5th of October 2025. Disclosing this at the E1 Lagos GP Stakeholder Immersion session in Lagos recently, Olayinka Ijabiyi, the Acting Group Head, Marketing and Corporate Communication of FirstBank, reaffirmed the Bank’s commitment to supporting initiatives that engender human development across the country while cementing legacies.…

ZENITH BANK’S GROSS EARNINGS HIT N2.5 TRILLION, FETES SHAREHOLDERS WITH AN INTERIM DIVIDEND OF N1.25 IN H1 2025 Zenith Bank Plc has released its Group financial results for the half year ending June 2025, posting an impressive profit before tax of N625.629 billion. Following this robust performance, the Board has approved an interim dividend of N1.25 per share, a 25% increase over the N1.00 paid in the first half of 2024, maintaining the Bank’s position as a leading dividend-paying Bank and reinforcing its longstanding commitment to rewarding its esteemed shareholders.…

Access Bank, in partnership with Help the Woman Initiative, has launched Project UWUS (Unstoppable Woman, Unbreakable Spirit), a cervical cancer awareness and screening campaign, designed to improve early detection, promote preventive healthcare, and empower women across Akwa Ibom State. Cervical cancer is the second most common cancer among women in Akwa Ibom, with a prevalence rate of 22.1%. Limited access to healthcare, cultural barriers, and low awareness contribute to delayed diagnosis and high mortality rates. Through Project UWUS, Access Bank is working with partners to close this gap by delivering…

Access Bank has reaffirmed its commitment to strengthening Africa–Caribbean economic collaboration at the Intra-African Trade Fair (IATF) 2025. During the event, Sunmbo Olatunji, Chief Executive Officer, The Caribbean Expansion at Access Bank, underscored the importance of leveraging Africa’s demographic advantage, strategic resources, and diaspora linkages to create new pathways for sustainable growth.She spoke on “The Global Africa We Want: Business Collaboration Without Borders”. “The Global Africa we want is one without borders in spirit, vision, or opportunity, an Africa where our youth, diaspora, and private sector drive collaboration that makes…

Guaranty Trust Holding Company Plc (NGX: GTCO; LSE: GTCO), today announced that it has increased its investment in its wholly owned Banking subsidiary, Guaranty Trust Bank Limited (“GTBank”) to ₦504 billion through a rights issue subscription for 6,994,050,290 ordinary shares of fifty kobo each made by GTBank for a total consideration of ₦365,850,403,572.67, thus increasing GTBank’s paid-up share capital from ₦138,186,703,485.78 to ₦504,037,107,058.45. This Capital Injection ensures GTBank’s compliance with the new minimum capital requirement for commercial banks with international authorisation stipulated by the CBN. The Capital Injection was funded…

Access Holdings Plc has announced the resignation of Mr. Roosevelt Ogbonna, a Non-Executive Director, from its Board after three and a half years of dedicated service. The announcement was made in a statement released on Tuesday and signed by the Company Secretary, Sunday Ekwochi. According to the statement, Mr. Ogbonna will continue in his role as the Managing Director and Chief Executive Officer of Access Bank Plc, the Group’s flagship banking subsidiary. The company explained that his resignation became necessary to ensure compliance with the Central Bank of Nigeria’s Corporate…

For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the script. With the launch of its digital lending model, the bank eliminated collateral requirements and slashed approval times from weeks to under five minutes. Loans now flow through multiple channels including *894# (the Bank’s USSD service), FirstMobile, LitApp, and the FirstMonie…