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As part of its fresh growth strategy, the United Bank for Africa Plc (UBA), has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively. Reacting to the appointment, the bank’s Group Chairman Tony O. Elumelu said these senior appointments represent our commitment…
July 7, 2020
Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine. The bank, in a statement on Thursday in Lagos, said that it climbed a whopping 29 spots from 425 in 2019 to 386 in the 2020 global ranking…
July 2, 2020
By Kolawole Ojebisi Access Bank has offered to pay stamp duty charges for February to April on behalf of its customers. It also said deductions made between Saturday and Sunday would be reversed to customers. In a statement on Sunday, the bank said it recognised that it is a tough period for customers. This development…
June 29, 2020
Research by Nairametrics; an online medium has revealed that Nigeria’s tier-1 banks — comprising of First Bank Plc, UBA, Guaranty Trust Bank, Access Bank, and Zenith Bank (FUGAZ) generated a total of N18.4 billion from bank maintenance charges in Q1 2020. This sum is 17.12% more than N15.6 billion that was generated by the five banks during…
June 3, 2020
Zenith Bank Plc has maintained its position among the league of 'A' banks around the world as Global Finance named it the best bank in Nigeria--Africa's largest economy in its World's Best Banks Awards 2020. According to the Global Finance Magazine that published the list of leading financial institutions in the world in its May…
June 1, 2020
By Hamilton Nwosa(Head, The New Diplomat’s data tracking desk) Nigeria's President Muhammadu Buhari has reiterated his support and prop-up for president of the African Development Bank (AfDB), Dr Akinwumi Adesina on the raging accusations of illegal acts and ethical misconducts leveled against the latter. In a candid letter signed on Buhari’s behalf by Nigeria’s Minister…
May 29, 2020
By Hamilton Nwosa (Head, The New Diplomat’s Business and data tracking desk) In what many see as a puzzling and interrogative move, the United States government’s official letter to the chairman of the Bureau of the Board of Governors of the African Development Bank, and minister of planning and development of the Republic of Cote…
May 26, 2020
The United Bank for Africa (UBA) mobile app has been upgraded with innovative features that are aimed at hastening digital banking penetration as well as financial inclusion across the continent. This was disclosed by The Group Head, Digital Banking, UBA, Mr. Sampson Aneke during a virtual media parley that had journalists across the continent in…
May 19, 2020
As the race to develop a vaccine for Covid-19 cure intensifies around the world, Governor of the Central Bank of Nigeria, Godwin Emefiele, says the country’s apex bank “is developing a framework” through which it can provide financial support to achieve a Nigerian made vaccine. The CBN's support for a local vaccine was coming on…
May 13, 2020
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As part of its fresh growth strategy, the United Bank for Africa Plc (UBA), has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively. Reacting to the appointment, the bank’s Group Chairman Tony O. Elumelu said these senior appointments represent our commitment…
July 7, 2020
Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine. The bank, in a statement on Thursday in Lagos, said that it climbed a whopping 29 spots from 425 in 2019 to 386 in the 2020 global ranking…
July 2, 2020
By Kolawole Ojebisi Access Bank has offered to pay stamp duty charges for February to April on behalf of its customers. It also said deductions made between Saturday and Sunday would be reversed to customers. In a statement on Sunday, the bank said it recognised that it is a tough period for customers. This development…
June 29, 2020
Research by Nairametrics; an online medium has revealed that Nigeria’s tier-1 banks — comprising of First Bank Plc, UBA, Guaranty Trust Bank, Access Bank, and Zenith Bank (FUGAZ) generated a total of N18.4 billion from bank maintenance charges in Q1 2020. This sum is 17.12% more than N15.6 billion that was generated by the five banks during…
June 3, 2020
Zenith Bank Plc has maintained its position among the league of 'A' banks around the world as Global Finance named it the best bank in Nigeria--Africa's largest economy in its World's Best Banks Awards 2020. According to the Global Finance Magazine that published the list of leading financial institutions in the world in its May…
June 1, 2020
By Hamilton Nwosa(Head, The New Diplomat’s data tracking desk) Nigeria's President Muhammadu Buhari has reiterated his support and prop-up for president of the African Development Bank (AfDB), Dr Akinwumi Adesina on the raging accusations of illegal acts and ethical misconducts leveled against the latter. In a candid letter signed on Buhari’s behalf by Nigeria’s Minister…
May 29, 2020
By Hamilton Nwosa (Head, The New Diplomat’s Business and data tracking desk) In what many see as a puzzling and interrogative move, the United States government’s official letter to the chairman of the Bureau of the Board of Governors of the African Development Bank, and minister of planning and development of the Republic of Cote…
May 26, 2020
The United Bank for Africa (UBA) mobile app has been upgraded with innovative features that are aimed at hastening digital banking penetration as well as financial inclusion across the continent. This was disclosed by The Group Head, Digital Banking, UBA, Mr. Sampson Aneke during a virtual media parley that had journalists across the continent in…
May 19, 2020
As the race to develop a vaccine for Covid-19 cure intensifies around the world, Governor of the Central Bank of Nigeria, Godwin Emefiele, says the country’s apex bank “is developing a framework” through which it can provide financial support to achieve a Nigerian made vaccine. The CBN's support for a local vaccine was coming on…
May 13, 2020
