ZENITH BANK ADJUDGED BEST CORPORATE GOVERNANCE ‘FINANCIAL SERVICES’ IN AFRICA 2021

For the second consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2021 by the Ethical Boardroom. The award, which was published in the June 2021 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of best practices in that field. Commenting on the award, the… Continue Reading

Another shot in the arm for Adeduntan as FirstBank wins Global Banking and Finance’s Retail Banking CEO Award

While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organisation committed to doing good will keep doing so with or without recognition, recognitions for virtue tend to act like a shot in the arm for such… Continue Reading

United Bank for Africa Group Appoints Caroline Anyanwu As New Board Member

Lagos, Nigeria, May 24, 2021: United Bank for Africa (UBA), the leading pan-African financial services institution, today announced the appointment of Mrs. Caroline Anyanwu to its Board of Directors, effective May 19, 2021. Caroline Anyanwu holds a First-Class degree in Statistics from the University of Ilorin in Nigeria and has worked extensively in the fields of accounting, taxation, credit risk and banking throughout her career of close to four decades.  She… Continue Reading

FIRSTBANK BAGS A HAT TRICK OF AWARDS AT THE GLOBAL BANKING AND FINANCE AWARDS 2021

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has been awarded the 2021 ‘’Retail Banking CEO of the Year Nigeria’’, ‘’Most innovative Retail Banking App Nigeria’’ and ‘’Best CSR Bank Nigeria’’ awards by Global Banking and Finance magazine.  The respective awards conferred on the Bank are in recognition of the indelible roles it plays in deepening financial inclusion in the country; advancing the digital banking eco-system… Continue Reading

WRITE & WIN: WEMA BANK CREATIVE ESSAY COMPETITION FOR KIDS

Wema Bank Plc, the creators of Nigeria’s first fully digital bank – ALAT– and one of Nigeria’s leading commercial banks, is hosting a creative essay competition for children.The 2021 Royal Kiddies Essay Competition tagged “Write & Win”, will test the creative writing abilities of young school children in Nigeria aged 5 – 12. It aims to develop writing skills, promote creativity, imagination capabilities, reward creativity, and drive them towards excellence in their… Continue Reading

Millionaires Emerge in UBA Savings Promo as 10 Customers win N1m Each

Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of  N10m in the quarterly draws of the ongoing UBA Savings Promo. This promo, which is held every quarter, is intended to appreciate loyal customers of the bank, who have stayed with the bank over the years,  and offers fresh opportunities for potential and intending customers to join the… Continue Reading

10 Customers set to Become Millionaires in UBA Savings Promo

Pan African Financial Institution, United Bank for Africa (UBA) Plc has announced that 10 of its  loyal customers will get a chance to win N1,000,000 each, in the ongoing UBA Savings Promo which is scheduled to hold on to May 7, 2021 at the bank’s corporate head office, in Lagos. This unique promo intends to appreciate loyal customers of the bank, who have stayed with the bank over the years, and will also offer fresh… Continue Reading

Goodbye Grobank, hello Access Bank South Africa

Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa. With this new development, Access Bank South Africa Limited is positioned to deliver a robust banking operation that connects key African markets. At an official closing ceremony in Sandton on Monday, top executives of… Continue Reading

UBA Wins ‘Bank of the Year’ at Independent Newspapers Awards

Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event which was well-attended by the top echelon of the financial sector including Bank CEOs, Captains of Industries and Senior financial executives. The event was held at the prestigious Eko Hotel… Continue Reading

ZENITH BANK DISPLAYS RESILIENCE AS PROFIT BEFORE TAX RISES BY 4% IN Q1 2021

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit Before Tax (PBT) rising by 4% to N61.0 billion, from N58.8 billion recorded in March 2020. This is despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic. According to the unaudited statement of account presented to the Nigerian Stock Exchange (NSE) on Friday, 30th April 2021, Profit After Tax (PAT)… Continue Reading

CORPORATE STATEMENT ON THE NEW BOARD CONSTITUTION

We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the Boards of FBN Holdings Plc and First Bank of Nigeria Limited were dissolved and reconstituted, pursuant to its power under… Continue Reading

First Bank New Website:BANKING MADE SIMPLE

Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations. Outside the physical identity of any brand, the most accessible door into operations of a company in today’s market is perhaps the website. With digital technology taking the lead in today’s business environment, website has swiftly… Continue Reading

GTBank Releases Q1 2021 Unaudited Results

    …….. Reports Profit before Tax of ₦53.7 Billion Guaranty Trust Bank plc has released its unaudited Financial Results for the period ended March 31, 2021 to the Nigerian and London Stock Exchanges. A review of the result shows a resilient performance across all key financial metrics in the face of the unprecedented macroeconomic challenges, reflecting the quality of past decisions and reaffirming its position as one of the best managed… Continue Reading

Shareholders Applaud FCMB, Approve Dividend of N2.97bn at AGM

Shareholders of FCMBGroupPlc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value. The shareholders gave the commendation at the 8th Annual General Meeting (AGM) of the Group held on April 21, 2021 at its corporate head office in Lagos. They also unanimously approved the payment of a dividend of N2.97 billion, translating to 15 kobo per ordinary share for the year ended December… Continue Reading

FirstBank Launches a New Corporate Website, Reiterates its Commitment to Service Delivery Excellence.

FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at https://www.firstbanknigeria.com/.  The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions to its customers across the world. The website is configured with modern design and improved functionality that eases customer experience whilst carrying out various activities on the site,… Continue Reading

Starting 2021 Strong, UBA Records 27% PAT Growth, 20.5% ROAE

Pan African financial institution, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2021, showing impressive double-digit growth across most of its major income lines. The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 24% year-on-year growth in Profit Before Tax in the first three months of the 2021… Continue Reading

UBA Business Series to Equip SMEs with Performance Management Strategies for Organisational Growth

As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next edition of its UBA Business Series. The UBA Business Series which is a monthly event, is an MSME Workshop as well as a capacity building initiative of the bank where business leaders and professionals share well-researched insights… Continue Reading

UBA: A Bank of Many Firsts, in pursuit of Customer Satisfaction

United Bank for Africa Plc has carved a niche for itself and continues to stand out as the leading Pan-African financial institution, consistent in introducing numerous first rate innovative products with customer satisfaction in mind.  To this end, the bank has invested significantly in cutting edge technology in a bid to boost its overall services to customers. The development is a further demonstration of the bank’s unalloyed commitment to ensuring… Continue Reading

UBA is Well-Positioned to Benefit from Recovery Trends in 2021 says Elumelu

•       Shareholders optimistic about future earnings prospects  Pan African financial institution, United Bank for Africa (UBA) Plc has assured its teeming shareholders and investors of even greater returns in the coming months, with the bank having established a diversified business model that ensures impressive performance even in periods of uncertainty, across its geographical network. UBA Group Chairman, Tony O. Elumelu, who gave this assurance to shareholders at the 59th Annual General… Continue Reading

FIRSTBANK CONVENES THE FOURTH EDITION OF ITS ANNUAL FIRSTGEM EVENT, REINFORCES ITS LEADING ROLE IN PROMOTING WOMEN

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the fourth edition of its annual FirstGem Conference, tagged FirstGem 4.0. The 2021 event is themed ‘The Art of Negotiation’ and convened to provide women with insights on the secrets of wealth management, investment and savings. It is scheduled to hold on Wednesday, 31 March 2021. Participants are required to register via the link http://bit.ly/firstbankwebinar The… Continue Reading

UBA America to Facilitate Investment, Development Capital, Trade Between North America and Africa, says CEO

UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking on Thursday from the Bank’s office in New York, the Chief Executive Officer, UBA America, Ms. Sola Yomi-Ajayi, disclosed that the bank’s major focus and strategy is to enable the flow of development capital, in line with… Continue Reading

ZENITH BANK NAMED BEST BANK IN NIGERIA FOR THE SECOND SUCCESSIVE YEAR IN THE GLOBAL FINANCE BEST BANKS AWARDS 2021

 Zenith Bank Plc has been named as the Best Bank in Nigeria for the second successive year in the Global Finance Magazine’s Best Banks Awards 2021.                                    The bank was among other banks from 35 countries in Africa recognised as the prestigious US magazine, Global Finance announced its 28th Annual Best Bank Awards Winners… Continue Reading

GTBank Releases 2020 Full Year Audited Results……..Reports PBT of ₦238.1 Billion

                                 Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, reflecting the quality of… Continue Reading

ZENITH BANK REWARDS SHAREHOLDERS WITH IMPROVED DIVIDEND PAYOUT OF N94.19 BILLION

                        Shareholders of Zenith Bank Plc, on Tuesday at the 30th Annual General Meeting of the Bank held at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020 financial year to N3.00 per share with a total value of N94.19 billion. This followed the… Continue Reading

UBA Delivers Double-Digit Growth in Gross Earnings, as Profit Hits N132bn

·       Gross Earnings Crosses the N600bn Mark ·       Proposes Final Dividend of N0.35k Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines.                     The 2020 audited financials filed at the Nigerian Stock Exchange (NSE) on Monday, showed that bank’s gross earnings grew by 10.8… Continue Reading

UBA Poised To Change The Face Of E-Banking with New Mobile App 

                             Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility to carry out transactions with ease. UBA’s Group… Continue Reading

FIRSTBANK UNVEILS FIRSTSME ACCOUNT, REITERATES ITS COMMITMENT TO THE CONTINUED G

              First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and development. The SME accounts – which are in two variants – FirstSME Classic and FirstSME Deluxe – are offered to SMEs, irrespective of industry, and tailored… Continue Reading

Heritage Bank’s 8 years journey of entrenching business of banking in Nigeria

Today marks a worthy milestone in the life of one of the fastest growing financial service provider, Heritage Bank Plc as it celebrates eight (8) years of entrenching seamless service delivery in the business of banking in Nigeria. This is a journey that began eight (8) years ago, premised on passion, commitment, doggedness, culture and hard work amongst others, stands today as a reputable financial organisation in the Nigeria banking… Continue Reading

Finishing 2020 Strong, United Capital Records Double Digit Growth with Profit Rising by 61%

·      Delights shareholders with a.  proposed dividend of N0.70k per share                             Foremost Pan-African financial and investment services group, United Capital Plc has announced its audited results for the full year ended December 31, 2020, recording double-digit growth across all its major income lines. Despite the Covid-19 pandemic and the resultant challenging operating environment, the investment institution leveraged on… Continue Reading

ZENITH BANK’S GROSS EARNINGS RISES BY 5% TO N696.5 BILLION

Zenith Bank Plc has announced an impressive result for the year ended December 31, 2020, with gross earnings rising by 5% to N696.5 billion from N662.3 billion reported in the previous year. This is in spite of a challenging macroeconomic environment exacerbated by the COVID 19 pandemic. According to the bank’s audited financial results for the 2020 financial year presented to the Nigeria Stock Exchange (NSE) on Tuesday, the Group… Continue Reading

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