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UBA Announces New Group Managing Director and Executive Board Appointments

Written by 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 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 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 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.’

Wema Bank records impressive financial performance in 2022 Half-Year Reports

Written by 30 July, 2022
Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the Financial Results for the Period Ended 30 June, 2022 released in Lagos on 28 July, 2022.

$1.5m debt: Court freezes billionaire, Muhammadu Indimi’s Oriental Energy bank accounts

Written by 26 July, 2022
Justice Chukwujekwu Aneke presiding over a Federal high court in Lagos south west Nigeria,has restrained an Oil exploration and production company in Nigeria, Oriental Energy Resources Limited, and 13 banks listed before the court, wether by themselves Directors, Officers, or Agents, from withdrawing, transferring, removing any funds, properties or assets, outside the jurisdiction of Nigeria or encumbering any funds belonging to or held to the account of the Company with the banks except for payments of normal salaries.

Bayelsa Govt. seeks Heritage Bank support on youth devt in sport

Written by 25 July, 2022
The Bayelsa State Government has indicated interest in partnering Heritage Bank Plc on youth empowerment and sport development.

For over a decade, ZENITH BANK remains its position as number one bank in Nigeria

Written by 25 July, 2022
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally.