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Buhari Appoints Adesugba as MD, NEPZA

(AFRICAN EXAMINER) – President Muhammadu Buhari has approved the appointment of Professor Adesoji Adesugba as the new Managing Director of Nigeria Export Processing Zones Authority (NEPZA), a parastatal under the Federal Ministry of Trade and Investment. The President’s approval was given in a letter addressed to the Minister, dated 26th June, 2020 and signed by […]

Post Covid-19: Global Leaders at UBA Africa Day Conversations Seek Path to Economic Recovery

 …Say Global Co-Operation Needed to Stem Global Depression (AFRICAN EXAMINER) – Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations between governments and the private sector as a panacea for the quick recovery of the economy of the African continent post Covid-19. […]

FirstBank Confirms Its Staff Dies of Coronavirus in Kano

(AFRICAN EXAMINER) – FirstBank of Nigeria has confirmed that a member of its staff died of the corona virus in Kano state main branch. This confirmation was contained in a public statement issued on Saturday and made available to African Examiner. The statement reads in full: “FirstBank mourns as we confirm the loss of our […]

Zenith Bank Retains Position as Nigerian’s Most Valuable Banking Brand

(AFRICAN EXAMINER) – Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as the number one banking brand in Nigeria with a brand value of […]

UBA Connect Set to Deepen Intra-African Trade

…AS Customers Can Now Make Cash Withdrawals In Local Currencies (AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, has announced the official  launch of a flagship product UBA Connect, a service that enables the  customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 […]

Firstbank Announces Appointment Of Yakubu Wanka As Non-Executive Director

 (AFRICAN EXAMINER) –  First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, today announced the appointment of AlhajiAdo Yakubu Wanka as Non-Executive Director.  Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome AlhajiAdo Yakubu Wanka, to the FirstBank Board. We are […]

Girls Dominate 2019 UBA Foundation National Essay Competition

…As Jolaosho Otokini Of Declared Overall Winner (AFRICAN EXAMINER) – It was an all-female top three affair, as 14 year-old Jolaosho Oluwatoroti Otokini of Louisville Girls High School, Ogun State, emerged the overall winner of the 2019 edition of the UBA Foundation National Essay Competition, winning the grand prize of an educational grant of N2,000,000.00 to study […]

UBA Now Available On Apple Business Chat

Photo: L-R: Group Managing Director/CEO, UBA,  Mr. Kennedy Uzoka; Group Head, Marketing, UBA, Mrs Dupe Olusola; Group Head, Online Banking, UBA, Mr Austine Abolusoro, during the launch of LEO on Apple Business Chat. ————–  (AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc, has announced that the services of its Chatbot, Leo is now available […]

Firstbank Restates Commitment to Children with Special Needs

(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 […]

Fraud: Court Grants Ex-Sterling Bank Manager N200 Million Bail

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 […]

Fidelity Bank Tasks Parents On Enduring Educational Legacy For Children

(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 […]

UBA Earnings Hit N494bn, Records N106.8bn Profit Plus Significant Asset Growth

(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 […]

UBA Commences Full Banking Operations in Mali

(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 […]

Davos: Africa Boosts Free Trade While Global Barriers Go Up

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 […]

CBN Makes First FOREX Intervention For 2019 With $210m

(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 […]

Senate Orders CBN to Suspend ATM Card Maintenance Charges

(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 […]

UBA Shows Resilience As Gross Earnings Hit N375 Billion

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 […]

HI 2018: Fidelity Bank Sustains Growth Trajectory as Profits Soar by 27% to close at N13bn

…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, […]

Group Alleges Fraud in Skye Bank License Revocation, Acquisition

(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 […]

CBN Revokes Skye Bank Licence, Announces New Owner

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 […]

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