MEC, Inc. announced today it has entered into agreements with pan-African financial services group, United Bank for Africa, UBA Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.” EmailMoni represents the world’s latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances…
Intent on promoting small businesses in Nigeria, Diamond Bank Plc, has teamed up with Microsoft, Intel, HP and MTN in a strategic partnership focused at providing SMEs in the country with essential tools required to give them the competitive edge in a dynamic business environment. The event which held recently in Ikeja, Lagos, featured an…
Diamond Bank Plc has reiterated its commitment to the promotion of a savings culture and customers’ satisfaction giving out a brand new SUV and N25 million in the SavingsXtra promotion draw for its south-south customers which took place recently in Port-Harcourt at the Odual road branch of the bank. The event which attracted industry stakeholders,…
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…
Philips, a global leader in health and wellbeing, has launched its first brand of clipper for the African market, and the company is confident that the product has all it takes to be a major player in the clippers category in Sub-Saharan Africa market. The company said the new clipper was launched after a four…
Unity Bank Plc. has introduced the Unity Biz Account as part of its bouquet of SME offerings aimed at supporting micro, small and medium enterprises (MSMEs). The SME space is a key market focus for the Bank as it provides the platform that will enable it tap into the business opportunities in the segment which…
Unity Bank Plc has not enjoyed a smooth ride in the banking industry for a while. The financial institution has been riddled with several controversies with the most recent being a mass sack of its staffs. Asides this, its banking business has been alleged to be taking a deep for sometimes now. However, Dubai-based investment…
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…
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…
Sterling Bank Plc has renewed its commitment to the promotion of Made-In-Nigeria goods and services as it supports the 2016 edition of the Nigerian Economic Summit (NES#22). The summit themed ‘Made in Nigeria’ is scheduled to hold from October 10 to 12, 2016 at the Transcorp Hilton Hotel, Abuja. Sterling Bank in a statement made…