BUSINESS

The Group Managing Director/CEO United Bank for Africa (UBA), Mr. Kennedy Uzoka, has bagged an Honorary Fellow of the Chartered Institute of Bankers of Nigeria (CIBN). Uzoka got the award during the institute’s 2018 Investiture held in Lagos recently. UBA MD received the award alongside other 109 bankers and financial …

Fidelity Bank Plc says its commitment to aid the diversification of Nigeria’s monolithic economy made it to continue to channel significant human and financial resources to enhance the real sector. The bank Managing Director, Mr Nnamdi Okonkwo, made the assertion recently at the bank’s special day at the ongoing Lagos …

In furtherance of its efforts at promoting less use of cash and encourage payments on its Point of Sale Terminal (PoS) terminals, United Bank for Africa (UBA) has announced that it will be rewarding 25 customers with N100,000 each, when they make payments with their UBA cards on UBA POS …

Guaranty Trust Bank raised after tax profit by 13% to over N142 billion at the end of its third quarter operations in September 2018. The profit was built in the volatile earnings environment that has been ruling the banking business for the sixth year running. Interest income – the main …

United Bank for Africa Plc (UBA) has announced its unaudited third-quarter financial results, with growth in gross earnings at N374.8bn, an 12.3 per cent increase when compared to N333.9bn recorded in the corresponding period of 2017. According to the report filed to the Nigerian Stock Exchange on Monday October 15, …

UBA Uganda has been crowned the winner of the Digital Impact Awards Africa (DIAA) Social Banking award for its ground breaking Innovation -LEO Chat banking, at an event held at Kampala Serena Hotel recently. The 2018 Digital Impact Awards (DIAA) themed: Include Everyone, recognized and rewarded individuals and organizations that …

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has commenced the 2018 edition of its annual National Essay Competition in Nigeria with a call for entries. The Essay Competition, targeted at senior secondary school students is organised annually as part of UBA Foundation’s …

Ecobank Nigeria has insisted that it will resist any attempt by one of its debtors, Honeywell Group to employ a “frivolous N72 billion” lawsuit to distract it from going ahead with the recovery of monies owed and overdue for payment by the company. It will be recalled that Honeywell Group …

The Central Bank of Nigeria (CBN) has withdrawn the license of Skye Bank Plc after two years of providing life line to the bank. CBN Governor, Godwin Emefiele while briefing journalists in Lagos said: “As a responsible and responsive regulator and in consultation with the Nigerian Deposit Insurance Corporation (NDIC), …

Fidelity Bank Plc, top Nigerian lender has restated its readiness to take full advantage of the new credit policy guideline recently released by the Central Bank of Nigeria (CBN) to support the growth of the agriculture and manufacturing sectors of the economy. The Bank’s Chief Executive Officer, Nnamdi Okonkwo, made …