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After Mrs kumbaya (name changed to protect her identity) lost her husband at work in 2005, she was accused of killing him. The accusation did not come from her husband’s brothers but his sister, who had earlier lost her own husband. It took the combined hard work of the brothers to get their sister off the back of her fellow ... Read More »

Our attention has been drawn to a video circulating online about a man singing at one of our branches. Contrary to media reports claiming that the man was wrongfully debited by the bank, the video is actually a picketing exercise organized by the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Employees over a dispute they have with ... Read More »

The Advertising Practitioners Council of Nigeria on Monday described as offensive and provocative, an Easter advert by Sterling Bank Plc comparing the resurrection of Christ with the rising of Agege Bread. APCON also said the advert copy was not submitted for approval before it was made public. In a statement on Monday signed by its Registrar and Chief Executive, Olalekan ... Read More »

Ahead of the Easter holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, and PoS terminals. Also available to customers is an extensive distribution network of over ... Read More »

…Private sector activity growth slows in March, but remains solid. Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest moderation. Nonetheless, growth remained elevated by historical standards and firms ... Read More »

Beyond Banking, Union Bank Launches Future-Forward Innovative Co-Creation Hub, SpaceNXT …reiterates commitment to innovation and technological advancement in Nigeria Lagos, Nigeria – Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose designed co-working hub for innovators, ... Read More »

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa and beyond continues to yield increasing returns. The Group Chairman, Tony Elumelu, who made this declaration at UBA’s 60th Annual General Meeting, which was held at the ... Read More »

Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend, expressing delight at the final dividend payment of NGN2.80 per share which brings the total dividend for the 2021 financial year to NGN3.10 per share with ... Read More »

Several subscribers have taken to social media on Tuesday to express their displeasure over the barring of their communication lines by telecommunication network providers in Nigeria. However, the Mobile Telephone Network, in its tweets, apologised to the complainants over the restrictions. Some customers called out MTN for restricting their lines despite having linked them with their National Identification Numbers. “Mtn ... Read More »

….Total Assets now above ₦1Trillion Naira  Wema Bank Plc’s resilience was on display as the digitally driven financial institution announced its financial results for the year ended December 31, 2021. The performance which capped a remarkable year showed strong growth in key financial indices especially as the bank crossed the ₦1trillion mark in total assets. In a statement made to ... Read More »