(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution, has reiterated its commitment to impact the lives of the less privileged and children living with disabilities across the country and in its host communities across the world. The Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, made this pledge at […]
From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – An Enugu State High Court on Friday, granted bail of N200 Million naira to a former branch manager of Sterling bank PLC, Mr. Oliver Anidiobi, who is facing trial for allegedly stealing the sum N219 million belonging to Ohha Microfinance Bank Limited Enugu. Anidiobi is facing trial before the court on 32 count […]
(AFRICAN EXAMINER) – Mr Nnamdi Okonkwo, Managing Director/CEO Fidelity Bank Plc, on Friday urged parents to build an enduring educational legacy for their children. Represented by Mr Obaro Odeghe, Head, Corporate Bank Directorate, Okonkwo said that bequeathing a solid educational foundation was greater than leaving behind houses for one’s children. The News Agency of Nigeria […]
(AFRICAN EXAMINER) – The Pan-African financial institution, United Bank for Africa Plc has announced its Audited 2018 Financial Results with impressive growths achieved across major financial lines. According to the 2018 financials filed at the Nigerian Stock Exchange on Tuesday, the Africa’s global bank’s gross earnings grew by 7.0 percent to N494.0 billion, compared to […]
(AFRICAN EXAMINER) – The pan African financial institution, United Bank for Africa (UBA) Plc on Monday commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa. The launch of UBA Mali brings to 20, the number of African countries, where the Group currently operates, with global […]
A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year. (AFRICAN EXAMINER) – When you ask Tony Elumelu if Africa would profit from free trade, the Nigerian […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank sector of the Foreign Exchange (FOREX) market for 2019 with a sum of 210 million dollars. The CBN Director, Corporate Communications, Isaac Okorafor, said the wholesale sector of the market received 100 million dollars, while the Small […]
(AFRICAN EXAMINER) – The Senate has passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the Automated Teller Machine (ATM) card maintenance charges being deducted from customers. The resolution was made known Wednesday via a tweet from @SPNigeria. It came as part of a motion on the illicit and excessive bank charges […]
Photo: Group Managing Director/CEO, UBA Plc, Kennedy Uzoka …Group Profit Of N79 Billion (AFRICAN EXAMINER) – United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in Gross Earnings, which berthed at N374.8 billion, an 12.3 percent increase […]
…Gross Earnings hit N88.9bn …80% of Total transactions now digital (AFRICAN EXAMINER) – Fidelity Bank Plc posted an impressive half year results for 2018, recording a double-digit growth in key revenue lines and achieving significant traction in her chosen business segments. Details of the audited half year results, for the period ended June 30, 2018, […]
(AFRICAN EXAMINER) – The recent revocation of Skye Bank’s Operational license by Central Bank of Nigeria (CBN) and subsequent acquisition by Polaris Bank Limited have been strongly criticized over lack of transparency and due diligence. Mr Luqman Soliu, President, Rights and Freedom Advocates (RIFA) in a statement made available to African Examiner alleged scam in […]
By Niyi Adeyi LAGOS, NIGERIA (AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc. The CBN Governor, who announced this Friday in Lagos at a press conference, said the apex action’s was with immediate effect. Following the development, Emefiele confirmed that the Bank has been taken […]
(AFRICAN EXAMINER) – Fidelity Bank has reacted to a video going viral on social media saying no staff of the bank ordered any violence against customers as alleged in the video. A statement issued by Mr Charles Aigbe Divisional Head, Brand and Communication, explained that “the two individuals featured in the video were suspected of […]
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 […]
(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 […]
…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. […]
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 […]
(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 […]
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 […]
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 […]
