With a valuation of $242m, Access ranks 2nd amongst top 500 global banks
Latest ranking of a leading business valuation and strategy consultancy, Brand Finance has placed Nigeria’s largest retail financial giant, Access Bank Plc., as not only one of the top 500 global banking brands, but second with a valuation of $242…
National Theatre: Are FG, CBN, NBC unaware of concessionaire before planning redevelopment?
Rewind to when the Central Bank of Nigeria (CBN) and the Nigerian Bankers Committee (NBC) unveiled their joint plan to revive the National Theatre at Iganmu, Lagos, with about N25bn at the 11th Bankers Committee retreat in Ogere, Ogun State,…
Fidelity Bank adjudged Bank of the Year @ Silverbird Award
Silverbird Group has crowned leading retail financial institution, Fidelity Bank as the Bank of the year. The honour was done the bank during the 2019 Silverbird Man of the Year Awards ceremony in Lagos.
Sanwo-Olu unveils UBA Business Office @ New Afriland Towers
As part of its seamless customer service access, Africa’s global bank, United Bank for Africa (UBA) has officially added a new touch point to its network. Recall that UBA operates in 20 African countries and in the United Kingdom, the…
Just in: UBA’s released audited results show profitability growth of 13.3% y/y
More remarks have continued to trail the recently released UBA Plc’s audited FY-19 numbers, which showed that the bank recorded a 14.6% y/y EPS growth to NGN2.52 for the fiscal year. The major takeaway amongst other is that whereas the…
Autonomy of internal auditors sure cure for official corruption in Africa—Ghana Audit chief
Ghana Auditor General, Mr Daniel Yao Dormelevo has opened up on one of the most official ways of fighting official corruption in African government, saying the best bet remains the autonomy of Auditor general’s offices in the continent. Several reports…
Dangote dissociates border closure to drop in his Cement’s 2019 earnings shock
…But closure forced Dangote cement export to fell 41% in 2019 Contrary to trending news report that one of the key reasons why Dangote Cement experienced drop in profitability for the year 2019 was border closure, President of the Dangote…
Outrage trails FG’s award of N29.2bn roads to Niger Republic borders
Barely 24 hours after the Federal Executive Council (FEC) presided by President Muhammadu Buhari Wednesday announced the award of two roads contracts linking Nigeria’s borders with the Republic of Niger, totalling N29.2bn, many Nigerians have started asking questions if all…
(Special Report) Technologies turning banking halls empty?
Since the soaring deployment of innovative financial technologies (Fintech), the future of banking have started drifting from mere physical structures with bankers glued to their computers serving people on the line to terminals of financial deals without human interface, but…
Guard against technology from nations known for fake products, Minister tells NOTAP
The Minister of State for Science and Technology, Alhaji Mohammed Abdullahi has cautioned the National Office for Technology Acquisition and Promotion (NOTAP) to be very careful in treating technologies coming from countries that were known for producing substandard products. Addressing…
