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Lagos, South Africa and New York
Wednesday, June 3, 2020

Skye Bank targets to submit delayed 2016 audited result in June

Skye Bank has expressed hope that its 2016 Audited Financial Statement for the 2016 financial year will be approved and filed before the end of the second Quarter (Q2). The bank made this known through a statement signed by Company Secretary Babatunde Osibodu and filed...

UBA’s $500m Eurobond Records 240 Percent Over Subscription

United Bank for Africa says it has successfully raised 500 million dollars though a Debut Euro Bond, which was oversubscribed by 240 percent. The bond which is rated ”B” with a stable outlook by both Fitch and S&P rating agencies will mature in June 2022...

Who Owns Legacy Shares After $864m Write Off At Ecobank; Post Securities Fraud

Following our May 10, 2015 publication on “How to buy a Nigerian bank with no money” and the series on why Skys Banks’s bid for Mainstreet Bank was a certain death knell for the bank; viz: “Reworking the Acquisition Maths of Mainstreet Bank by...

Fidelity Bank Builds Next Generation of Leaders, Inducts New Staff Into Workforce

  Top Nigerian lender, Fidelity Bank, is building a new crop of young, dynamic and talented workforce through its graduate recruitment scheme. New inductees who passed out of the Fidelity Crest Academy after a rigorous 3 months training programme were admitted into the Bank’s workforce...

Ecobank Group named Most Innovative Bank of the Year at African Banker Awards

Ecobank Group’s pioneering work to use digital technology to financially empower millions of people across Africa has been recognised for driving ‘Innovation in Banking’ at the African Banker Awards. Held under the patronage of the African Development Bank (AfDB), the annual event is highly...

UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour

UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, on Thursday joined the world to celebrate the 2017...

GTBank wins 2016 African Bank of the Year

LAGOS, MAY 26, 2017 –  Guaranty Trust Bank plc has been named the African Bank of the Year at this year’s African Banker Awards. The Awards was presented during a prestigious gala dinner on 23rd May Ahmedabad, India, on the sidelines of the Annual...

FirstBank launches redesigned website to boost user experience

…delivers on its commitment to service delivery Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has officially announced the launch of its refreshed and user-friendly website on Thursday, May 25, 2017. The new website is adaptive and responsive and has a multi-real estate...

Access Bank unveils Scheme to Boost Saving Culture

Access Bank Plc has unveiled a new savings scheme tagged ‘Family Savings Scheme’ initiated to give its customers a boost in their savings. The initiative was in line with the bank’s commitment to promoting savings culture among the populace. The ‘Family Savings Scheme’ is a...

Photo News: Unity Bank signs agreement with FCAA Ltd for sales & purchase of Legacy NPL

Managing Director/CEO, Unity Bank Plc, Mrs. Tomi Somefun (middle), Mr. O.A Oduwole, Director, Frontier Capital Alternative Assets (FCAA) Ltd and Executive Director, Corporate Planning & Compliance, Unity Bank, Mrs Aisha Abraham at the signing of Sales & Purchase Agreement of Legacy Non-Performing Loans (NPL)...