A sound and competent banking sector is essential for a stable macroeconomic environment, therefore, the importance of commercial banks in a country cannot be overemphasized. This is because they occupy key positions in a country’s financial system and are essential agents that would lead to the growth of any economy. They also provide the bulk…
Category: Business
UBA Extends Africa Footprint, Commences Full Operations in Mali
The pan African financial institution, United Bank for Africa (UBA) Plc last 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 operations in the…
Do More With Keystone Bank ‘Oxygen Chat’ Banking
Keystone Bank Limited has remained committed to empowering the Nigerian populace with the introduction of the Chat-bot feature called ‘OXYGEN’ as part of its financial inclusion drive. Oxygen is the lender’s interactive virtual banker that chats with customers and carries out their banking transactions upon request. The feature which enables banking on Telegram and Facebook…
Ecobank Nigeria to Establish 50,000 Xpress Points in 2019—MD
Ecobank Nigeria, has disclosed plans to bring banking operations closer to Nigerian neighborhoods by expanding its agent banking locations to 50,000 before the end of 2019. Managing director of the bank, Mr. Patrick Akinwuntan, who disclosed this during a media chat with journalists in Lagos, explained that the move is in line with the vision…
Digital Efficiency: Diamond Bank Continues Partnership Training With Facebook
Diamond Bank Plc has continued to deliver on its promise of going beyond banking by organizing an entrepreneurial training program targeted at young creatives in partnership with Facebook and Afrinolly Creative Hub tagged: ‘Facebook for Creators’. The Area Manager, Diamond Bank Plc, Chigozie Onyecha, said that the bank believed in small and medium scale enterprises…
Unity Bank Wins CBN ‘Sustainable Transaction of the Year in Agriculture’ Award
Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable Transaction of the Year in Agriculture’. The Bank won the coveted award for its compliance with the Sustainable Banking Principles as it relates to the management of Environmental and Social Risk set out by the…
UBA Academy Gets CIBN Accreditation for Excellence in Training, Capacity Building
In recognition of its high standard, quality of human resources development, training and capacity building, The Chartered Institute of Bankers of Nigeria(CIBN) has certified and awarded UBA Academy the certificate of accreditation in line with the Central Bank of Nigeria’s Competency Framework for the banking industry . UBA Academy, the dedicated learning and development centre…
Heritage Bank Gets Award For Improving “Young Business Owners in Nigeria”
Heritage Bank Plc, Nigeria’s Most Innovative Banking Service Provider has been awarded for its Outstanding Contributions toward improving the lives of Young Business Owners in Nigeria at the 5th Anniversary Ceremony of the highly-rated Nigerian Young Professionals Forum (NYPF) Awards for 2018. The bank recently was bestowed with the “Best Bank of the Year Business…
GTBank Maintains Leading Position As Best Bank in Nigeria
Foremost African financial institution, Guaranty Trust Bank Plc has won the award for “Bank of the Year Nigeria” for the second year in a row at The Banker’s Bank of the Year Awards, regarded as the industry standard for excellence within the global banking sector. Guaranty Trust Bank Sierra Leone Ltd, a subsidiary of Guaranty…
Thousands of UBA Staff Across Africa Give Back to their Communities
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, on Friday, November 23, 2018 launched its Each One, Teach One initiative, hosting a huge impact day in Nigeria and across all its subsidiaries in Africa. The UBA Community Service presents an opportunity for UBA staff members to give a…