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CBN Boosts Forex Market With $210 Million

(AFRICAN EXAMINER) –  Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments. Okoroafor said this in a statement on Wednesday in Abuja. According to him, the bank, in its desire to meet […]

Panel Recovers N2.1Bn Fraudulently Stashed in Heritage Bank

…Other Properties Recovered too (AFRICAN EXAMINER) – The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property says it has recovered seven dollars million (N2.1 billion at official rate) illegally stashed in Heritage Bank. Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing President Muhammadu Buhari on activities of the panel. […]

Fidelity Bank collaborates with NGOs Ahead of 2018 World Sickle Cell Day

 Photo: L-R: Director, Sickle Cell Foundation of Nigeria, Ayo Otaigbe; Head, Human Resource Recruitment/ CSR & Sustainability, Fidelity Bank Plc. Chris Nnakwe; Chairperson, Coalition of Sickle cell NGOs Toyin Adesola; Product Manager, Electronic Banking, Fidelity Bank Plc. Daniel Azike during a press briefing in Lagos. (AFRICAN EXAMINER) – Fidelity Bank Plc has partnered with Coalition of Sickle […]

Buhari Appoints New CBN Deputy Governor

(AFRICAN EXAMINER) – President Muhammadu Buhari has approved the appointment of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria. Mr. Folashodun Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) – the financial payments, facilitation and settlement platform – which has been instrumental to the growth […]

Taraba First Lady Hails Fidelity Bank Over Donation to Children with Disabilities

Photo: L-R: Commissioner, Urban & Regional Planning, Taraba, Hon. Hassan Beppah; Principal, Precious Kids School, James Ayagwa; Branch Leader, Jalingo, Fidelity Bank Plc, Kabir Abdurrahman; Head, Corporate Social Responsibility & Sustainability, Fidelity Bank Plc, Chris Nnakwe; Taraba Firstlady, Barr. Anna Ishaku and Regional Bank Head (RBH), North East, Musa Tarimbuka. (AFRICAN EXAMINER) – Fidelity Bank Plc, in […]

UBA Kenya to Leverage on Group’s Capacity to Finance Large Transactions

Nairobi, Kenya (AFRICAN EXAMINER) –  United Bank for Africa, a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable of galvanising the economic […]

CBN Captures 31 Million Nigerians in BVN Project

(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry. CBN Director, Banking and Payment System, Mr Dipo Fatokun, disclosed this in a paper titled, `Nigeria’s progress towards the creation […]

At Annual Chairman’s Forum, UBA Seeks Strengthening of Corporate Governance

(AFRICAN EXAMINER) – Pan- African financial Institution, United Bank for Africa Plc, last thursday,  ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of putting the bank on firm standing to actualize its goals and targets for the financial year. The theme of this year’s […]

FirstBank Empowers SMEs and Youths in Lagos, Benin

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s number one SME Bank is hosting the SMEConnect Series – a multi-pronged SME support programme developed by the Bank to chart a veritable course for SME development, emphasizing boundless opportunities for entrepreneurial business development.   The programme includes open seminars to build capacity; sector-specific industry forums; […]

UBA Celebrates Africa, Honors Staff at 2018 CEO Awards

(L-R) Chairman, Forte Oil Plc, Mr Femi Otedola; President, Dangote Industries, Alhaji Aliko Dangote; GMD/CEO, UBA, Mr. Kennedy Uzoka; Senator Mohammed Daggash; and Chairman, UBA, Mr. Tony Elumelu, at the 2018 UBA CEO Awards at Eko Hotel, Lagos — (AFRICAN EXAMINER) – It was a fun night of  glamour and electrifying excitement as Pan African […]

UBA Meets NSE’s Stringent Conditions, Lists on Elite Premium Board

Photo: L-R: Chairman, UBA, Mr. Tony Elumelu; CEO, Nigerian Stock Exchange, Mr. Oscar Onyeama and Group Managing Director/CEO, UBA,  Mr. Kennedy Uzoka. (AFRICAN EXAMINER) – The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to […]

ANALYSIS: Sekibo’s Alleged Many Frauds and Heritage Bank

Photo: Embattled Heritage Bank MD/CEO, Mr. Ifiesimama Sekibo BALTIMORE, MD (AFRICAN EXAMINER) – The misfortune which has since befallen the Heritage Bank Plc after it opened to customers for full operations, till present, effectively cannot be isolated from the many past but questionable business transactions involving its Managing Director/Chief Executive Officer, Mr. Ifiesimama Sekibo and some […]

Elumelu to Tour East Africa On Entrepreneurship, Infrastructure

LAGOS, NIGERIA – Entrepreneur, and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr. Elumelu will travel to Uganda (April 10) and Kenya (April 12) to meet with […]

N605m Fraud: EFCC Drags Heritage Bank CEO, Sekibo to Court

Photo: Heritage Bank CEO, Ifiesimama Sekibo By Ayo Balogun, Lagos (AFRICAN EXAMINER) – This is not the best of times for the Managing Director of Heritage Bank, Ifiesimama Sekibo as the Economic and Financial Crimes Commission has dragged him before a Federal High Court in Lagos over an alleged N605,321,051.05 fraud. In the charge sheet marked […]

UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 30 Ambassadors

(AFRICAN EXAMINER) – The United Bank for Africa (UBA) Plc has launched the second edition of its Campus Ambassador Programme with the induction of 30 new brand ambassadors. The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among students of tertiary institutions and give them a unique and highly rewarding learning […]

Tony Elumelu Foundation Selects 1,000 Entrepreneurs for 2018 Programme

Photo: L-R: Director of Partnerships, Tony Elumelu Foundation (TEF), Mrs Ifeyinwa Ugochukwu; Member, Board of Trustees, TEF, Mr. Alex Trotter; Founder, TEF, Mr. Tony Elumelu; CEO, TEF, Parminder Vir; and Member, Board of Trustees and wife of the Founder, Dr Awele Elumelu, during the selection announcement of (TEF) 10-year, $100 million Entrepreneurship Programme, held in Lagos. […]

Senate Confirms 2 New CBN Deputy Governors, Rejects 1 MPC Nominee

By Ganiyu Nasirudeen (AFRICAN EXAMINER) – The Senate has confirmed the appointments of two new Deputy Governors (DG) of the Central Bank of Nigeria CBN. The new apex Bank appoitees are: Mrs. Aisha Ahmad and Mr. Edward Adamu. Similarly, the upper Legislative Chamber approved the nomination of three out of four members of the Monetary […]

FirstBank’s PLAS: Meeting Your Pressing Financial Needs in No Time

(AFRICAN EXAMINER) – Salary accounts can do more than just receive monthly pay; they have inherent wealth that can be unlocked to help you achieve dreams that make you fulfilled on your job and be on top of situations at home and at work. First Bank of Nigeria Limited creates opportunities for salary accounts holders […]

China Development Bank, UBA Sign Letter of Intent for $100m Loan to SMEs in Africa

Photo: Group Managing Director/CEO, UBA Plc, Kennedy Uzoka (AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and […]

China Bank, UBA Sign $100m Loan Deal to Support SMEs in Africa

Photo: Sitting from L: DG, Global Cooperation Department – Americas and Africa, China Development Bank(CDB),  Mr Jin Tao and GMD/CEO, UBA Plc, Mr. Kennedy Uzoka. Standing: President of CDB, Mr. Zheng Zhijie and Chairman of UBA Plc, Mr Tony Elumelu —- (AFRICAN EXAMINER) –  United Bank for Africa (UBA) Plc, a pan-African banking group and China […]

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