Zenith Bank Emerges The Banker Magazine 2020 Bank Of The Year In Nigeria

Zenith Bank Nigeria has emerged The Banker Magazine 2020 bank of the year in Nigeria at the awards ceremony held virtually on December 2, 2020.

Ecobank emerged as the bank of the year in Africa.

Six subsidiaries of United Bank for Africa (UBA) Plc have been named ‘Bank of the Year 2020’ by the Banker Magazine, leading global finance news publication published by Financial Times of London.

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Winners Of BusinessDay Bank’s And Other Financial Institutions (BAFI) Awards 2020

Winners have emerged at the BusinessDay bank’s and other financial Institutions (BAFI) awards 2020 held on 28th of November at Lagos Continental Hotel, Lagos.

The BusinessDay Bank’s And Other Financial Institutions (BAFI) Awards recognises and celebrates outstanding performance in Nigeria’s financial service industry. The awards is organised by BusinessDay, one of West Africa’s most authoritative media organisations.

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First Bank Of Nigeria Launches FastTrack ATM

First Bank of Nigeria has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine.

In the light of COVID-19, First Bank of Nigeria introduced the FastTrack ATM which is done in partnership with Inlaks enables customers carry out cash withdrawals without having to touch the interface of the ATM.

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Winners Of AfDB AgriPitch Competition 2020

Winners have emerged in the African Development Bank, AfDB AgriPitch Competition 2020.

The AgriPitch competition was part of the Bank’s fourth African Youth Agripreneurs Forum (AYAF) – one of the continent’s most exciting platforms for African youth in the agriculture start-up scene – which kicked off on 3 November with weekly webinars and ended with the AgriPitch winners’ ceremony held on 17 November 2020.

The AgriPitch competition offered young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals to a panel of experts and investors who selected winners in “early start-up”, “mature start-up” and “women-empowered businesses” categories.

Held virtually, AfDB AgriPitch Competition 2020 saw more than 2,500 applications and 605 proposals from 30 countries shortlisted down to 25 finalists from 12 countries. The finalists qualified for a two-week business development boot camp, and then a select top 9 AgriPitch competitors made their final pitches to an online panel of judges and investors.

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Winners Of 2020 World Travel Awards

Winners have emerged at the 2020 World Travel Awards (27th edition).

  • Africa’s Leading Business Hotel 2020: Transcorp Hilton Abuja, Nigeria
  • Nigeria’s Leading Business Hotel 2020: Transcorp Hilton Abuja, Nigeria
  • Nigeria’s Leading Hotel 2020: Transcorp Hilton Abuja, Nigeria
  • Nigeria’s Leading Hotel Suite 2020: Presidential Suite @ Transcorp Hilton Abuja
  • Nigeria’s Leading Travel Management Company 2020: Business Travel Management Limited

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Stripe Acquires Paystack

Payment processing giant Stripe has acquired Nigerian startup Paystack in a $200 million plus deal, making it the biggest startup acquisition in Nigeria as well Stripes biggest acquisition to date.

Stripe seeks to expand into the African Market in its bigger strategy announced earlier this year to expand its API- based payment processing services to more regions.

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