World stage group

Nigeria: FG reacts to Fidelity Bank takeover of three DISCOs, says we’ll ensure changes don’t disrupt service

July 6, 2022July 6, 2022 - by Prince Okedinachi - Leave a Comment

WorldStage Newsonline– The Minister of Power, Mr Abubakar Aliyu has reacted to the plan by Fidelity Bank to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares, saying the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos).

Fidelity Bank takes over boards of Kano, Benin, Kaduna DISCOs, to exercise rights on their shares

July 6, 2022July 6, 2022 - by Mos Abaka - Leave a Comment

WorldStage Newsonline– Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares.

Money Market / Technology

Open Banking: CBN very proud of many innovative products from Nigeria

July 6, 2022July 6, 2022 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– The Central Bank of Nigeria (CBN) has expressed delight that the financial service sectors would adjust to the continued transformation of Fintech space, as they had always shown resilience and preparedness to respond quickly to emerging issues.

Brands & Marketing / Money Market

Zenith Bank retains position as Nigeria’s Best Commercial Bank, gets Best Corporate Governance Bank Award at World Finance 2022 Awards

July 5, 2022July 5, 2022 - by Press Release - Leave a Comment

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022, retaining the award for a second consecutive year. The bank was also named as the Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022.

Money Market

CBN releases new framework to check cybersecurity

July 4, 2022July 4, 2022 - by Mos Abaka - Leave a Comment

WorldStage Newsonline– The Central Bank of Nigeria (CBN) has released a new framework to check cybersecurity in Other Finical Institutions (OFIs).

Brands & Marketing / Finance / Money Market

How to become part of Forex trading in Nigeria

July 4, 2022July 4, 2022 - by Sponsored Article - Leave a Comment

Investors from all over the world are connected by the easily accessible and decentralized character of the foreign exchange market, and Nigeria is one of the countries that is taking full advantage of the market.

Money Market / Technology

Airtel launches SmartCash PSB, Osinbajo, Sanwo-Olu commend on target to close financial inclusion gap

July 1, 2022July 1, 2022 - by Benson Akomo - Leave a Comment

WorldStage Newsonline–The Vice-President, Prof. Yemi Osinbajo, has commended Airtel on the launch of its SmartCash Payment Service Bank (PSB) targeted at closing the financial inclusion gap in the rural areas.

Jobs / Money Market

Zenith Bank announces retirement of two non-executive directors

July 1, 2022July 1, 2022 - by WorldStage Report - Leave a Comment

WorldStage Newsonline– Zenith Bank Plc, Nigeria’s leading bank has announced the retirement of two non-executive directors, Mr Jeffrey Christopher Efeyini and Professor Chukuka Sam Enwemeka from the board with effect from July 1, 2022.

Brands & Marketing / Money Market / Small Business

FirstBank launches single-digit loan for women-owned businesses

July 1, 2022July 1, 2022 - by Press Release - Leave a Comment

The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country.

Brands & Marketing / Money Market

Polaris Bank clinches healthcare excellence award

June 30, 2022June 30, 2022 - by Press Release - Leave a Comment

Polaris Bank, Nigeria’s leading retail Bank, has been recognized as the “Outstanding Healthcare Financial Institution of the Year” by the Nigeria Healthcare Excellence Awards (NHEA).