Haruna Magaji, Author at Financial Watch

Heritage Bank Promotes Financial Inclusion

Heritage Bank Gets $150m Funding From Afreximbank

July 27, 2016 Haruna Magaji

In a statement announcing this development yesterday, Divisional Head, Corporate Communications, Olusola Longe-Okenimkpe said, “HBCL Investment Services Limited (HISL) a major shareholder of Heritage Bank […]

Standard Bank gets licence to operate in Côte d’Ivoire

July 27, 2016 Haruna Magaji

Standard Bank, trading as Stanbic Bank, has been formally awarded a banking license in Côte d’Ivoire. The Group opened a representative office in December 2013, […]

How Regulatory Harmony Will Boost African Insurance Markets

Nigerians urged to Embrace insurance

July 25, 2016 Haruna Magaji

Nigerians have been urged to see insurance as a way of life. Managing Director, Great Nigeria Insurance Plc, Managing Director Mrs. Cecilia O. Osipitan gave […]

Wema Bank drives NSE turnover on Tuesday

Wema Bank reports HY pre-tax profit of 1.30 bln naira

July 21, 2016 Haruna Magaji

Wema banl Plc has reported half year net interest income of 8.52 billion naira, the bank reported9.06 billion naira year ago. A half year profit before tax […]

Check NYSC 2019 Batch ‘B’ Senate Approved List of All Institutions

253 NYSC members get N426.7m BoI Fund

July 21, 2016 Haruna Magaji

The Bank of Industry (BoI), says it has disbursed N426.7 million to 253 members National Youth Service Corps under its Graduate Entrepreneurship Fund (GEF) programme. […]

Analyst’s projection of Zenith Bank’s loans deposit looks up

Zenith named Most Customer-Focused Bank by KPMG

July 21, 2016 Haruna Magaji

Zenith Bank Plc has been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG. In the 2016 edition of the annual […]

Sterling Bank Abandons Keystone acquisition plan

July 21, 2016 Haruna Magaji

The management of Sterling bank has jettisoned the plans of aquiring Keystone Bank, according to the bank official, “We felt we wouldn’t get it at […]

Life Annuity fund soars to N80b, says NAICOM

July 20, 2016 Haruna Magaji

The insurance industry presently has between N70 to N80 billion life annuity fund, Commissioner for Insurance, National Insurance Commission (NAICOM) Mohammed Kari has said. He […]

Sterling Bank Posts 8 Rise in Net Interest Margin for Q1 2016

Sterling Bank ends talks to buy Keystone Bank, plans bond issue

July 19, 2016 Haruna Magaji

Nigeria’s Sterling Bank has ended talks to buy rival Keystone Bank after finding it an unsuitable fit and is now focused on raising funds as […]

Guaranty Trust Bank Shareholders Approve N52billion Dividend

GTBank seeks extension for filing Q2 financial statements

July 19, 2016 Haruna Magaji

The board of directors of Guaranty Trust Bank Plc has requested an extension of time to submit half year audited financial statements. In a letter […]