Banking Archives — City Business News

January 15, 2025 No Responses

Disconnect Zenith Bank, Fidelity, FCMB, Others, NCC Directs Telcos

The Nigerian Communications Commission (NCC) has directed telecommunications companies (telcos) to disconnect the unstructured supplementary service data (USSD) codes assigned to nine banks due to unpaid debts.In a statement issued by Reuben Muoka, NCC Directo...

January 14, 2025 No Responses

UBA Rewards Customers With N41m

United Bank for Africa (UBA) Plc has distributed over N41.8m in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series. The promo which began last year, was specially designed by the bank to celebrate UBA’s...

January 10, 2025 No Responses

NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree...

January 8, 2025 No Responses

KPMG Survey: UBA Emerges Top 5 In Customer Experience, SME, Retail Banking, Others

United Bank for Africa (UBA) Plc has Sustained cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experie...

December 31, 2024 No Responses

Bankit MFB Unveils Web Banking Platform

Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its web banking platform to provide customers with an additional digital channel to manage and carry out uninterrupted daily transactions on their phones, laptops and ...

December 30, 2024 No Responses

FirstBank Lays Off 100 Senior Staff

FirstBank, part of FBN Holdings’ has exited about 100 senior staff members.According to Nairametrics, some of the bank’s top executives were asked to leave as part of its repositioning plan for 2025.The exits appear to be part of a concerted...

December 25, 2024 No Responses

Greenwich Group Celebrates 30th Anniversary, Rewards 45 Staff

The Greenwich Group, a leading financial solutions provider in Nigeria has marked 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy.The ...

December 25, 2024 No Responses

Photo News

Prince Julius Adelusi-Adeluyi, former Minister of Health and Human Resources; Otunba Adeniyi Adebayo, former Minister of Industry, Trade and Investment of Nigeria; Erelu Angela Adebayo, Chairperson of Greenwich Foundation; Chairman of Greenwich Group, Kayode F...

December 24, 2024 No Responses

Yuletide: Ecobank Assures Customers Of 24h Digital Banking Access, Warns Against Fraud

As Nigerians prepare for the year-end festivities, Ecobank Nigeria has guaranteed its customers uninterrupted access to banking services through its digital platforms throughout the holiday season. The Bank also cautioned customers to remain vigilant against f...

December 20, 2024 No Responses

EFCC Arraigns Two Zenith Bank Staff

The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Thursday, December 12, 2024 arraigned the duo of Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, staff of one of the new generation banks, before Justice Mohammed Garba Umar...

December 16, 2024 No Responses

UBA Donates N500m To Lagos State Security Trust Fund

Photo Caption: L:R: Group Deputy Managing Director, United Bank for Africa (UBA), Muyiwa Akinyemi; Lagos State Governor, Babajide Sanwo-Olu and Group Chairman, UBA, Mr. Tony Elumelu, during the presentation of N500m to Lagos State Security Fund by UBA Foundati...

December 8, 2024 No Responses

SEC Tasks Banks On Recapitalisation, Corporate Governance

The Securities and Exchange Commission ( SEC) has urged banks to strengthen their corporate governance principles and risk management framework to enhance investors’ confidence in the ongoing recapitalisation exercise.At the just concluded yearly worksho...

December 3, 2024 No Responses

Greenwich Merchant Bank Appoints Benson Ogundeji As MD/CEO

The Board of Directors, Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of the approval of the Central Bank of Nigeria (CBN).The Chairman o...