BUSINESS

The management of Sterling Bank Plc is currently in a fix with how to deal with cases of theft leveled against its branch in Iju Road, Iju in Ifako-Ijaiye Local Government Area of the state. It was scooped that twice within a period of five months, millions of Naira have …

First Bank of Nigeria Plc recently launched a WhatsApp application to make banking more convenient for its 12.5 million customers. The FirstBank Chat Banking on WhatsApp was launched at the bank’s Digital Lab, Yaba, Lagos. The bank’s Managing Director, Dr Adesola Adeduntan, said at the launch that, as a leading …

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, said the bank has introduced zero fees for all international transfers done into Nigeria on its newly- launched Rapidtransfer app. While announcing this in Lagos, he said “Ecobank is poised to ensure Nigerians in the Diaspora get the best in class remittance service. …

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 …