Pan-African Financial Institution, United Bank for Africa (UBA) has announced the commencement of its chat bank ‘Leo’ on the WhatsApp platform. With Leo on WhatsApp, customers who are users and lovers of the app can now can perform basic banking services including checking their balances on the go, transferring funds, paying bills, among other services The Group Managing Director/Chief Executive Officer, UBA, Mr. Kennedy Uzoka, who expressed excitement about the ... Read More »
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UBA Appoints Four New Board Members
UBA Appoints Four New Board Mem Lagos, Nigeria; August 31, 2018: The Board of Directors of the United Bank for Africa is pleased to announce the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN). The new board members are Mrs. Erelu Angela Adebayo, Ms. Angela Aneke, Alhaji Abdulqadir Jeli Bello ... Read More »
Illegal repatriation of $8.1b: MTN denies CBN claims
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks repatriated $8.1billion from its Nigerian operations to offshore investors. The CBN said the remittances between 2007 and 2015, in tranches of of 2.63 billion dollars, 1.766 billion dollars and 348 million dollars were done in flagrant violation ... Read More »
TVTEACHERS APPLAUD PROMASIDOR OVER COWBELLPEDIA ACADEMY
Mathematics students and their teachers exuded enthusiasm at the Port Harcourt edition of the Cowbellpedia Academy, which was held at the Rivers State capital last week. The prime beneficiaries of the initiative, sponsored by Cowbell milk, the flagship product of Promasidor Nigeria Limited, commended the organisers for what they described as an unparalleled intervention to support Mathematics education in Nigeria. ... Read More »
Glo subscribers to enjoy 125% data bonus
Telecommunications solutions provider, Globacom,unveiled another mouth- watering product tagged “Oga SIM” which offers an unprecedented 125 percent bonus on data bundle subscriptions on the network. Globacom’s Regional Chief Marketing Officer, Ashok Israni, disclosed at the product launch held at the Mike Adenuga Towers, Lagos head office of the company that “Oga SIM is the king of all products in the ... Read More »
Fidelity Bank, BOI, Ford Foundation Unveils Lending Scheme For Aba Leather Manufacturers
• Lender Donates Fully Equipped Secretariat To LEPMAAS Fidelity Bank Plc, top Nigerian lender in strategic partnership with the Bank of Industry (BoI) has launched the Aba Finished Leather Goods Cluster Financing Programme, as part of continuous efforts to promote Made-in-Nigeria goods capable of meeting global standards for export and local consumption. N400 million in financing provided by BoI will ... Read More »
Fidelity Bank Partners WorldRemit on Instant Money Transfer
WorldRemit has gone into collaboration with Fidelity Bank Plc to provide instant money transfers to customers of the bank. A statement from the bank explained that the new partnership further expands WorldRemit’s footprint in the country and allows the 15 million-Nigerian Diaspora to send money directly from their phones to recipients in Nigeria. According to the statement, the deal ... Read More »
UBA’s Leo launched on WhatsApp
Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to customers by September ... Read More »
TRANSCORP HOTELS PLC HY 2018 PROFIT AFTER TAX EXPANDS BY 85%
The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning Per Share of 17.84 Kobo. Transcorp Hotels delivered a commendable ... Read More »
GTBank Lagos State Principals Cup Season 9 Finals
Foremost financial institution, Guaranty Trust Bank is set to hold the finals of the GTBank-Lagos State Principals Cup on Thursday 19th July at the Agege Stadium, Lagos. The prestigious tournament, now in its 9th year promises to be a thrilling encounter between the four qualifying teams as they stake their claim as ultimate champions of the football competition. Considered one ... Read More »