Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its 2022 Annual Sustainability Report. The comprehensive report provides an overview of the bank’s commitment to Environmental, Social and Governance (ESG) performance and practices. The...
United Bank for Africa (UBA) has announced an increase in the workers’ pay, the second in three months this year. In a statement on Friday, UBA said its board of directors had announced the implementation of...
Zenith Bank Plc, at the London Stock Exchange, has been named the Best Commercial Bank in Nigeria for the third year running and Best Corporate Governance Bank, Nigeria, for a second consecutive year at the...
FBN Holdings Plc, has said it will raise fresh capital subject to the approval of shareholders at the group’s annual general meeting scheduled for next month. This was contained in the group’s notice of its 11th...
Standard Chartered Plc said it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Access Bank, a subsidiary of Access Holdings. The multinational bank made this known in a statement released on Friday. In...
The Securities and Exchange Commission (SEC) says it is investigating the acquisition of 4.77 billion shares of FBN Holdings by Oba Otudeko, chairman of Honeywell Group. The disclosure comes amid an ongoing dispute over a N13.5...
The Group Managing Director of Access Holdings, Hebert Wigwe has consolidated his position as the Bank’s majority shareholder with an acquisition of 50 million shares. The acquisition was contained in a notice of share dealing by...
Access Bank has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express cards to be issued in Nigeria and West Africa. By...
FBN Holdings Plc recorded significant growth in its Q1 financial performance, with a 53.64% increase in profit before tax, reaching N56.105 billion. Profit after tax also showed strong growth of 54.48%, reaching N50.054 billion. The company’s net...
MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320 million inland fiber cable to connect ten countries, as telecommunications companies push to expand service to the continent’s growing population. MTN, through its MTN...