The chairman of the United Bank for Africa, UBA, Tony Elumelu has launched the UBA UK in London. The bank had earlier announced that its London subsidiary had obtained regulatory approval to carry out wholesale banking activities in the United Kingdom. Following the authorization, UBA is now the only sub-Saharan African bank to conduct banking…
Student of Int’l High School, Sapele Emerges Winner of UBA National Essay Competition
A 14-year old student of the International High School (IHS) Sapele, Delta State, Omesiri Divine Odjegba has emerged as winner of the 2018 edition of the UBA sponsored annual national essay competition for senior secondary students. The prize is worth two million Naira. It was a very keen contest that involved 12 finalists shortlisted on…
12 Finalists Emerge in UBA Foundation Essay Competition
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa, UBA Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of the competition, where three winners will emerge after undergoing supervised essay writing on a different…
Why CBN Revoked Skye Bank License
The Central Bank of Nigeria, CBN says it revoked the license of Skye Bank after examinations and forensic audit that revealed that the bank requires urgent recapitalisation. Godwin Emefiele, Governor of the CBN also disclosed that Skye Bank can no longer continue to live on borrowed times with indefinite liquidity support from the CBN. According…
GTBANK Food and Drink Fair Ends With a Flourish
The event is the sort that lingers in the memory long after it has held. Different International chefs from around the world, witnessed the event tagged -Gtbank Food and Drink Fair 2018. The annual fair which lasted from April 29th to May 1, held at Oniru-Lekki, Lagos. Its aim is to connect buyers and sellers…
$500m Eurobond: Global Investors Validate UBA’s Pan-African Growth Strategy
Group Managing Director and Chief Executive Officer, United Bank for Africa Plc., UBA, Kennedy Uzoka says the $500 million Eurobond raised by the bank, which was 240 percent over-subscribed, reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. According to the Bank, the Global Offering is a five-year…
CIBN Hosts World Conference Of Banking Institutes
The Chartered Institute of Bankers of Nigeria,CIBN, has announced its readiness to host all banking institutes, including over one thousand banking and finance professionals in the world at the 22nd edition of the World Conference of Banking Institutes which holds in Lagos from April 24 to 28, 2017 at Eko Hotels & Suites, Victoria Island,…
Fidelity Bank Launches NIBSS mCash Product
As part of the renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria, CBN, Fidelity Bank Plc has gone live on the Nigerian Inter-Bank Settlement System, NIBSS mCash product which will allow it’s registered merchants to receive payments from customers using their phones. Launched in collaboration with the NIBSS,…
Fidelity Bank Gets New Board Leadership
Fidelity Bank Plc appoints three new non-executive directors, among them, a former deputy governor of the Central Bank of Nigeria A former Deputy Governor of the Central Bank of Nigeria, CBN, Ernest Ebi has emerged as a non-executive director and chairman designate of the board of directors, Fidelity Bank Plc. The appointment comes on the…
Financial Inclusion Is Our Goal – Ade Ayeyemi
Financial Inclusion Is Our Goal – Ade Ayeyemi, Group Chief Executive Officer, Eco Bank, What is Ecobank’s overall vision and new strategy to increase its customer base? Our goal is to create an Ecobank that serves as a leader not only in the market but a leader that solves problems that face our customers, ensures financial inclusion…
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