June 07, (THEWILL) - Titan Trust Bank (TTB) has received a $300 million Intra-African Investment Financing Facility from Afreximbank to help it acquire a controlling share in Union Bank of Nigeria (UBN) plc.
This was disclosed in a statement signed...
June 06, (THEWILL) - It is three years since Mr Ebenezer Onyeagwu was appointed Managing Director/Chief Executive Officer of Zenith Bank Plc. On that day, June 1, 2019, his name, Ebenezar, resonated philosophically and literally in the finance world....
June 06, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc is poised for market dominance in the financial services industry going by the quantum leap it has recorded in technology – both in investment and in...
June 05, (THEWILL) - The impressive performance by FirstBank in its Q1 2022 operations has elicited commendations from experts who predict high returns as investors scramble for its stocks.
The oldest first-generation bank reported a 108 percent...
June 04, (THEWILL) - The Central Bank of Nigeria (CBN) has mandated the enrolment of other financial institutions (OFIs) on the credit risk management system (CRMS).
In a circular published on its website and signed by Chibuzo Efobi, Director, Financial...
June 02, (THEWILL) - Union Bank of Nigeria Plc has announced the appointment of Mr Mudassir Amray and Mr Farouk Mohammed Gumel as its new Chief Executive Officer (CEO) and Board Chairman/Non-Executive Director respectively, effective June 2, 2022.
The appointments...
June 02, (THEWILL) - Nigeria’s newest deposit money bank, Titan Trust Bank Limited (TTB), has brought to closure the deal enabling it to purchase a controlling stake in Nigeria’s second-oldest lender, Union Bank of Nigeria Plc, the latter said in...
June 01, (THEWILL) - Zenith Bank Plc has announced the redemption of the balance of $107 million of its $500 million Eurobond Notes due May 30, 2022.
In a statement to the Nigerian Exchange Limited (NGX) and signed by Micheal...
May 31, (THEWILL) - Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes.
A total of 48 customers...
May 29, (THEWILL) - Despite the sluggish performance of the insurance sector in 2021, directors of five major insurance firms earned a 45 percent pay rise during the year, while shareholders’ dividend payout remained static. Nigeria’s 10 largest insurance...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
