BUSINESS

LAGOS: United Bank for Africa Plc. (UBA),  Pan African financial institution, and the global airline, British Airways have announced a collaboration to reward loyal customers who are cardholders of the Bank. The promo which will last for six months from November 2019, will witness UBA customers getting significant discounts when …

By AbuSatar Hamed LAGOS: Fidelity Bank Plc, one of the top six lenders in terms of total assets, loans and advances and customer deposits has said that it is committed to the long term expansion of the businesses of its customers whilst providing positive experiences at all its touch points …

By AbuSatar hamed LAGOS: As part of sustained efforts to promote ethical values and professionalism within the financial institutions, Fidelity Bank Plc, at the weekend disclosed plans to participate in this year edition of the Corporate Compliance and Ethics Week.            Commencing on November 3 and running up …

By AbuSatar Hamed LAGOS: Ecobank Nigeria has announced that access to its *326# Unstructured Supplementary Service Data (USSD) is at zero cost to the consumer. By this announcement an Ecobank customer who performs transactions on the bank’s platform by dialing *326# is free of the USSD session fee. According to …

By AbuSatar Hamed LAGOS: Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period ended September 30, 2019, released on Tuesday, October 29, 2019, …

 BY ABUSATAR HAMED The Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi says it is important for Nigerian bankers to work together to ensure that the banking industry does its bit to support the development of the Nigeria economy. According to a release e-signed and made available to StarTrend …

LAGOS: Access Bank Plc has released its unaudited financial statements for the period ended September 30, 2019, which clearly show positive figures across most financial indicators. The breakdown is shown below. The financial statements showed that Access Bank generated N210.21 billion in net interest income as at the period ended …

Vice President of Nigeria, Prof. Yemi Osinbajo, has said that the closure of the borders was to ensure farmers in Nigeria are prosperous, urging Nigerians to endure the high cost of commodities occasioned by closure of the country’s borders. The vice president spoke at a town hall meeting in Bénin …

BY ABUSATAR HAMED LAGOS: The Body of Bank CEOs has applauds the recent notice from the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. According to a release e-signrd by the Body of Bank CEOs and made available to StarTrend …

More facts have started to emerged on why Chief Executive Officers of Nigerian Banks vehemently opposed to the proposed charging customers for Unstructured Supplementary Service Data access to banking services in Nigeria. MTN had on Monday, October 21, 2019 announced a N4 charge for every 20 seconds of using USSD …