Category: Business

How GTBank is Redefining Corporate Social Responsibility

The concept of Corporate Social Responsibility (CSR) developed alongside the emergence of corporations more than a century ago and is now practiced by most companies and institutions around world. While corporations may vary in their level of commitment to CSR, their practice is largely focused on corporate philanthropy such as donating to charities, supporting causes…

UBA Grows Profit To N62 Billion In Nine Months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable…

European Investment Bank, UBA Agree Record €60m New Private Sector Investment Programme

The European Investment Bank and United Bank for Africa (UBA) have agreed a new €60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in Nigeria. The new private sector…

Customers Service Week: Heritage Bank Promotes Client’s Businesses

Poised by a desire to partner and create wealth for their individual customers, the Heritage Bank took advantage of the occasion of the customers’ service/appreciation week to organise a business fair that showcases and celebrates the business activities of their various customers. The fair which took place at 12 Ligali Ayorinde Street, Victoria Island, last…

GTBank MD Named CEO of the Year at 2016 Africa Investor Awards

Managing Director/CEO of Guaranty Trust Bank plc; Segun Agbaje has emerged the 2016 Ai Socially Responsible Investment (SRI) 30 CEO of the year at this year’s 9th annual Ai CEO Investment Summit which took place on the sidelines of the UN General Assembly. Launched in 2007, the Ai Institutional Investment and Capital Market Awards is…