N26 Billion Debt Saga: Court Orders Sonny Odogwu Estate To Pay Access Bank
Written by Kunle Awosika
06 August, 2022
Justice Daniel Osiagor of the Federal High Court, Lagos today upheld the N26 billion debt claim by Access Bank PlC against the estate of the late Ide Ahaba of Asaba, Chief Sonny Odogwu.
FirstBank Branch, Head office, not Sealed
Written by Kunle Awosika
05 August, 2022
Nigeria’s leading financial institution, First Bank of Nigeria Limited has refuted reports spreading like wild harmattan fire online that its branch and head office has been sealed.
Firstmonie Agents Transact Over 1 Billion Transactions, Reinforces Firstbank’s Leading Role In Promoting Financial Inclusion In Nigeria
Written by Kunle Awosika
04 August, 2022
First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has announced that its agent banking network – Firstmonie Agents – spread across the nook and cranny of the country has collectively processed transaction volume in excess of 1 billion, amounting to over 22 trillion naira. The Bank currently has over 180,000 Firstmonie Agents, spread across the country’s 772 Local Government Areas.
Wema Bank Debunks Cheque Forgery Allegation
Written by Kunle Awosika
03 August, 2022
Nigeria’s longest-surviving indigenous bank, Wema Bank Plc. has reacted to the cheque forgery allegation whereby it was widely reported that a Magistrate Court in the Federal Capital Territory (FCT), Abuja has ordered the arrest of its Managing Director, Ademola Adebise.
UBA Announces New Group Managing Director and Executive Board Appointments
Written by Kunle Awosika
02 August, 2022
United Bank for Africa Plc, Africa’s global bank, today announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates.
Dangote Cement deploys grinding plants in Ghana and Cote d’Ivoire as Revenue grows by 17% to N808 billion
Written by Kunle Awosika
01 August, 2022
In a bid to ensure that Cement becomes available in all African countries, Chief Executive Officer of Dangote Cement, Michel Puchercos, has revealed that his company is ramping up production in its Okpella plant, Nigeria and progressing well to deploy grinding plants in Ghana and Cote d’Ivoire.
Executive Promotions In UBA Group, as Oliver Alawuba becomes new MD/CEO
Written by Kunle Awosika
01 August, 2022
One of Nigeria and Africa’s largest Bank’s United Bank for Africa, UBA is set to announce Oliver Alawuba as its new Managing Director/CEO.
Keystone Bank launches Apprentice Settlement Savings account for business owners
Written by Kunle Awosika
01 August, 2022
Keystone Bank Limited, one of Nigeria’s leading retail lenders, has launched a special savings account for business owners tagged: ‘Keystone Apprentice Settlement Savings Account.’
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