Access Bank declares N95bn profit for 2018
This is good news for Access Bank Plc, the bank on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31, 2018. The News Agency of Nigeria (NAN) reports that the profit after tax grew by 58 per cent compared with N60.07 billion... Read more
Fear grips  First Bank customers over incessant frauds
Palpable fear has gripped some prominent customers of First Bank Plc and they are contemplating closing down their accounts with the bank on account of the several fraud incidents recorded .These customers cowered in fear as most of the frauds were perpetrated by the staff of the bank. They... Read more
Sterling Bank in trouble over N1b illegal withdrawal by Kwara Govt.
Some officials Steeling Bank are currently running from pillar to post to ensure they cover up the illegal withdrawal by officials of the Kwara State government. A Non-Governmental Organisation, the Kwara Coalition for Good Governance and Accountability (KWARA-CGGA) had petitioned the Economic and Financial Crimes Commission (EFCC), requesting for... Read more
CBN Governor, Godwin Emefiele not sacked- FG
That the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele was relieved of his job is another fake news making the rounds on social media.. A reliable source at the Central Bank of Nigeria (CBN) informed National WAVES that Mr. Emefiele has not been fired. This much... Read more
UBA Group launches full banking operations in the UK
United Bank for Africa is not resting on its oars to make the bank one of the top rated banks in the world. This is because three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of... Read more
Between Zenith Bank and Lagos Big Boy, Anthony Adejugbe
The imbroglio between Lagos Big Boy and managing director of Tonique Oil Services Ltd, Olusola Ant,hony Adejugbe and Zenith Bank Plc started when he approached the bank through his company, Tonique Oil Services Limited and obtained several credit facilities from the bank and pledged three of his properties as... Read more
    By Our Reporter   The news making the rounds in the banking sector is not a palatable one. It is about the conviction of an Ecobank former employee, Judith Okonkwo who defrauded top business mogul, Aliko Dangote to the tune of N19million. To this end, an Ikeja Special... Read more
Zenith Bank will target more retail lending in 2019 – Amangbo
Zenith Bank Plc is increasing its focus on consumer lending as lower oil prices weigh on the economy, hurting its business customers. The Lagos-based bank is expecting to expand retail loans as a percentage of total credit to about four per cent this year from less than one per... Read more
UBA, Japan Trade Office Collaborate To Promote MSMEs In Africa
United Bank for Africa (UBA) Plc has indicated its readiness to support the Japanese government in its drive to promote Small and Medium Scale Enterprises across Africa. The Chairman, UBA Group, Mr. Tony Elumelu, indicated this on Monday, when the members of the Japan External Trade Organisation (JETRO), led... Read more
UBA at it again… Customers Win N30m in Wise Savers Promo, N90m Still Up for Grabs
United Bank for Africa (UBA) Plc, Pan-African financial institution, has rewarded 20 loyal customers with N1,500,000 each, in the first edition of its quarterly draw for the ongoing UBA Wise Savers Promo, which was held at the bank’s headquarters in Lagos on Tuesday. At the event, a total of... Read more