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USSD Banking: Millions Stranded As Banks Disconnect MTN Customers

(AFRICAN EXAMINER) – Millions of telecommunications subscribers were stranded on Friday as commercial banks disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps. MTN has 77.35 million subscribers, according to latest industry statistics from the Nigerian Communications Commission. MTN customers complained on Friday about being unable to recharge their […]

AVON, UBA Partner On Bespoke Health Plans For Children

(AFRICAN EXAMINER) – Avon Healthcare Limited, a leading health management organisation has partnered with pan-African financial institution, United Bank for Africa (UBA) Plc, to develop well-tailored and unique health plans for children. The collaboration to develop the new health plans became necessary due to the gap that exists in the area of child healthcare and  […]

Firstbank Unveils First Global Transfer To Ease Cross-Border Payments

(AFRICAN EXAMINER) –  First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement  in Lagos. Adeduntan said that the FGT initiative was specifically designed to ensure safe, timely and improved […]

Senate Summons CBN Governor, DG SEC Over Crypto currency Ban

(AFRICAN EXAMINER) – The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on crypto currency in the country. The Senate also invited the Director General of […]

Identification: CBN Directs Banks, Others, To Accept Travel Documents, Refugee ID Card

(AFRICAN EXAMINER) –  The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for financial transactions. The directive was given by Dr Kevin Amugo, Director, Finance Policy Regulation Department, on Wednesday, in Abuja, through a […]

Cryptocurrencies Unchecked Prone To Financial Crimes, says CBN

(AFRICAN EXAMINER) –   Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks  (DMBs) to desist from cryptocurrencies transactions, the apex bank has clarified that the intention is to ensure accountability. Making the clarification in a statement in the CBN official  website, Mr Osita Nwanisobi, the bank’s Acting Director […]

CBN Orders Banks, Others To Close Crypto Currency Accounts

(AFRICAN EXAMINER) -The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs) and Other Financial Institutions (OFls) to close the accounts used for crypto currency operations. The CBN in a circular BSD/DIR/GEN/LAB/14/001 issued on Friday, ordered all financial institutions “to identify persons and/or entities transacting in or operating […]

UBA’s LEO: Celebrating 3 Years of Revolutionised Banking Services

(AFRICA EXAMINER) – Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has in-turn helped […]

Firstbank Deepens Financial Inclusion With Largest Agent Banking Network, Empowers Smes

(AFRICAN EXAMINER) – At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been […]

Firstbank Announces Appointment Of Oluwande Muoyo As Non-Executive Director

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, today announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN Holdings Plc., the parent company of First Bank of Nigeria Limited.  Speaking on her appointment, Dr. Adesola Adeduntan, CEO, FirstBank […]

FirstBank Rewards Verve Card Holders with Free Fuel

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is set to reward customers for Verve Card usage in its Free Fuel Promotion. The Free Fuel promo which is activated by FirstBank in collaboration with Verve International and Oando Plc. kicked off on Monday, 6 July 2020 to Friday, 24 […]

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 […]

NDDC – Projects Cancellation



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