The Federal High Court in Lagos has dismissed the claim of Union Bank Plc to Flat 7B, Osborne Towers, Ikoyi, Lagos. The court described the bank as a busybody, just as it ordered the permanent forfeiture of the property to the Federal Government. The flat attracted public attention in April last...
The National Bank of Kenya on Friday confirmed it was hacked and 29 million shillings (N101.4m) lost in the process. In a statement seen by Kenyan Pulse, the bank disclosed that the fraud happened on January 17, 2018. NBK assured customers that their accounts were not affected by the robbery. "We confirm...
First Bank of Nigeria Limited said that in order to maintain its leading edge in banking technology,it has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in their business transaction.
The Minister of Finance and Governor-Member of the African Development Bank, Mrs. Kemi Adeosun, made this demand at the commissioning of the Bank's permanent office building in Abuja by President Muhammadu Buhari, who was represented by Vice President Yemi Osinbajo.
The President of the African Development Bank, AfDB, Akinwumi Adesina, has made a compelling case for accelerating Africa's industrialization in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank's 2018 African Economic Outlook launched in Abidjan, Côte d'Ivoire, on Wednesday, Adesina said infrastructure...
Access Bank Plc., has urged male employees of the bank to take advantage of its parental leave policy that extends paid benefits to all mothers and fathers. The bank made the appeal in a statement on Wednesday in Lagos. It said the policy, which started in January, would foster an inclusive...
Union Bank of Nigeria has recorded a 20 percent oversubscription by shareholders in the N50billion rights issue recently carried out by the lender. In a statement issued by the bank, the N49.7 billion needed from the exercise was successfully raised. Chief Executive Officer of Union Bank, Mr. Emeka Emuwa, who commented...
United Bank for Africa, UBA Plc, has scheduled a meeting for Monday, January 29, 2018 in Lagos. At the meeting, the board is expected to propose a final dividend to be paid to shareholders of the lender. A statement issued by the firm disclosed that at the board meeting for the...
Justice Angela Otaluka of the FCT High Court, Lugbe, has reserved judgment till Feb. 5 over a N2.5 million fake credit alert allegedly received by Olajide Friday from Diamond Bank arising from a car transaction. Mr. Cyril Nwaogu, the Counsel to Friday, a car dealer, while closing his case urged...
By Babatunde Oso The United Bank for Africa, UBA has clinched the Most Security Conscious Bank of the year 2017 award. The coveted award, which was bestowed on the Pan Africa bank by Frontpage CrimeWorld Publishers Nig. Ltd; publishers of CrimeWorld weekly newspapers and CrimeWorld monthly magazine at the occasion of the...