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Lagos, Nigeria
Monday, September 25, 2017

UBA Delights Shareholders

The shareholders of United Bank for Africa (UBA) Plc have approved the payment of N27.2 billion for its financial year ended December 31, 2016....

Wema to Launch First Digital Banking

Wema Bank, one of Nigeria’s oldest banks, says it will launch the first fully digitalised banking service in Africa in the first half of...

UBA Group promotes 3,000 staff

United Bank for Africa (UBA) Plc, Africa’s Global Bank operating in 19 African countries including Ghana, has announced the promotion of 3,000 of its...

As CBN settles matured obligation, external reserves dip by $67m

Nigeria’s external reserves dropped to $30.298 billion as at March 30, 2017 following settlement of matured obligations, mainly foreign exchange (FX) forwards, by the...

$450 million approves by AfDB for Afreximbank

The African Development Bank (AfDB) has announced the approval of a $450 million Trade Finance Package for the African Export-Import Bank (Afreximbank). The facility,...

Nigerians say cashless charges of banks not favourable for SMEs in recesssion

Nigerians have started taking measures to avoid paying the withdrawal and deposit cashless charges which takes effect from yesterday in Lagos and five other...

WEMA Bank Plc Audited Financial Results for the 12 months ended December 31st, 2016

Wema Bank PLC announces its audited 2016 financial results. Reports 18.48% growth in gross earnings driven by a 19.72% and 13.16%growth in both interest...

Inflation rate drops for the first time in 15 months

For the first time in 15 months, the Consumer Price Index (CPI), which measures the rate of inflation, dropped to 17.78 per cent (year-on-year)...

UBA Ghana launches debit MasterCard

The United Bank for Africa (UBA), in partnership with MasterCard, has launched the UBA MasterCard that allows customers to do transactions at Automated Teller...

Stanbic IBTC assures shareholders on sustainable growth

As shareholders converged for its 4th annual general meeting, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reiterated its commitment to...