The company’s indebtedness to the lenders, they claimed stands as follows: Access Bank: N9, 278,404,445; Ecobank: N6, 257,203,229.21, FCMB: N441, 700,000; GTB: N618, 004,854.73 In a bid to recover an alleged debt of N16.5 billion, a consortium of four banks, through their Trustee, United Capital Trustees Limited and Receiver/Manager, Gbenga …
Read More »Banks Sue Firm Over N16.5billion Alleged Indebtedness
The company’s indebtedness to the lenders, they claimed stands as follows: Access Bank: N9, 278,404,445; Ecobank: N6, 257,203,229.21, FCMB: N441, 700,000; GTB: N618, 004,854.73 In a bid to recover an alleged debt of N16.5 billion, a consortium of four banks, through their Trustee, United Capital Trustees Limited and Receiver/Manager, Gbenga …
Read More »Zenith Bank, Delta Hail Standard Of Principals’ Cup
Sponsors of the rejuvenated Delta State Principals Cup for secondary schools, Zenith Bank Plc has commended the standard exhibited by the young ones in the keenly contested competition which comes to an end recently. Group Managing Director of Zenith, Peter Amangbo, said that the outfit was excited with the turn …
Read More »GTBank’s ‘737’ Payment Channel Crosses N1trn Transactions
The Managing Director, Guaranty Trust Bank Plc (GTBank) , Mr Segun Agbaje has said lender’s ‘Bank 737’ electronic payment channel recorded a uptake of over 3 million customers and over N1 trillion in transactions in 2016. He noted that the bank’s electronic payment service has been recognised globally with several …
Read More »Elumelu Lauds FG’s Economic Recovery Plan At UBA’s AGM
The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to …
Read More »UBA Delights Shareholders; Distributes N27.2bn in Dividends
The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the …
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