Banking Archives — City Business News

January 31, 2023 No Responses

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations

The Board of Directors ,United Bank for Africa (UBA)Plc on Monday announced the appointment of Mrs. Abiola Bawuah as Chief Executive Officer (CEO) of UBA Africa. UBA in a statement explained that Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s...

January 30, 2023 No Responses

Reps Minority Caucus Lauds CBN For Extending Deadline On Old Notes

The House of Representatives Minority Caucus has commended the Central Bank of Nigeria (CBN) for extending the deadline for swapping of the old naira notes.A statement issued by Rep. Ndudi Elumelu (PDP-Delta), the House Minority Leader on Sunday described the....

January 28, 2023 No Responses

Ecobank Ellevate Partners Ananse Africa, MasterCard Foundation, Train Fashion Entrepreneurs

Ecobank Ellevate has partnered Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria. A statement sent to City Business News explained that Ecobank Ellevate is a proprietary service offering designed for bu...

January 25, 2023 No Responses

Union Bank Save & Win Palli Promo Grand finale Holds Jan 27

Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion.A statement sent to City Business News explained that the grand finale event, which is set to hold...

January 11, 2023 No Responses

CBN Sensitises Marketers, Guarantees Availability Of New Notes

The Central Bank of Nigeria (CBN) has assured marketers and traders that it has made the redesigned naira notes (1000, 500, 200) available for them via Automated Teller Machines (ATMs). The Branch Controller, CBN, Lagos State, Mr Koyor Baribokola, gave...

December 23, 2022 No Responses

Yuletide: Ecobank Reassures Customers Of 24-Hour Digital Banking Services

Ahead of the Yuletide holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, Ecobank Online, Ecobank OmniP...

December 1, 2022 No Responses

Access Holdings Shareholders Approve New Capital Structure

Shareholders of Access Holdings (Access Corporation) Plc, have approved the transfer of 35.545 billion shares in the issued and paid-up capital of Access Bank to the Holding Company. The shareholders at Access Holdings Extra General Meeting held in ...

November 23, 2022 No Responses

Union Bank Gets Euromoney Market Rankings In Five Categories

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings. Mrs Ogochukwu Ekezie-Ekaidem, the Chief Brand and Marketing Officer, UBN, made the announcement in a statement on Tuesday in Lagos . ...

November 21, 2022 No Responses

Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes

Ecobank Nigeria, an affiliate of the leading pan-African banking group, the Ecobank Group has taken financial literacy and inclusion to traders in several markets across the country being part of activities to mark “Ecobank Day”, 2022. Cit...

November 16, 2022 No Responses

FMBN Disburses N30.3b For the Construction Of 4,000 Houses

The Federal Mortgage Bank of Nigeria (FMBN), says it has disbursed N30.3 billion to fund the construction of over 4,000 homes across the country under its cooperative loan window. The Managing Director of the Bank, Mr Madu Hamman, said this...

November 14, 2022 No Responses

Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance, Scalable Proposal To Attract Investors

To achieve a sustainable and stable fintech ecosystem, operators in the industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors. This was...

November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had cust...

November 10, 2022 No Responses

Access Bank Budgets $1b To Boost SMEs In Africa

Access Bank Plc is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years. Mr Seyi Kumapayi, the Executive Director in charge of African subsidiaries said this on the sidelines...

November 7, 2022 No Responses

AfDB Mobilises $31b Investment Interest

The African Development Bank (AfDB), has drawn 31 billion dollars in investment interest from African and global investors. In a statement issued by the Communication and External Relations unit of the AfDB, President of the bank, Dr Akinwumi Adesina sai...