United Bank for Africa, UBA, has denied hiding any money belonging to the Federal Government in its custody. In a statement issued by the bank on Friday, UBA said, “Our attention has been drawn to the order of the Federal High Court in Lagos directing that seven (7) commercial banks, including UBA Plc, temporarily remit…
Heritage Bank has reacted to news reports on the internet that three of its employees were involved in the N150 million fraud case revealed to the media on Monday by the Special Fraud Unit, SFU, of the Nigeria Police Force. It was reported that three bankers were involved in hacking into the bank accounts of…
***Wins Nigeria’s Best Bank & Africa’s Best Bank for SMEs Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigeria’s Best Bank & Africa’s Best Bank for SMEs’ during the 2017 Euromoney Awards which held in London on Thursday, July 06, 2017 at…
In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profitability levels and solid capital position. Agusto & Co also recognised Access Bank as an institution…
Managing Director and CEO of Guaranty Trust Bank (GTBank), one of the continent’s leading financial institutions, Segun Agbaje, has remarked that the country’s economy may be in a difficult period, but with digitalisation at the core of the national banking strategy, financial inclusion has been given room to grow. “There are so many people in…
Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another laurel to its cap as it emerged the Financial Brand of the Decade at the Marketing Edge Awards which was held over the weekend. The award in recognition of UBA’s innovative and pacesetting role, is a product of…
With the alarming number of market women, artisans and underserved population who are unbanked, Heritage Bank Plc has deepen its retail banking structure by growing its agent banking base to 400 ‘Corner Shops.’ This is in line with the financial inclusion strategy of the Central Bank of Nigeria, as Heritage Bank Plc launches agent banking…
In line with the Federal Government’s recent drive to support growth of SMEs through its policies; Keystone Bank Nigeria Limited has reiterated its commitment to the support of the growth of small and medium scale enterprises in Nigeria. This sentiment was expressed by the Acting Managing Director of the bank, Mr Hafiz Bakare. He noted…
Top Nigerian lender, Fidelity Bank Plc, in strategic partnership with Empretec Nigerian Foundation, has just concluded a graduate entrepreneurship training programme for 200 youths in Cross River State in consistent with its commitment to build the next generation of sustainable Nigerian businesses. This initiative is part of the next phase of the Bank’s entrepreneurship support…
A unique salary account package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services has been launched by foremost financial institution, Guaranty Trust Bank Plc. The account, called GTPATRIOT, allows serving members of the military and paramilitary institutions to open accounts with zero minimum balance whilst offering reduced current account…