UBA
Two big banks in Nigeria to merge as CBN recapitalisation ends in 21 days
Tension mounts as two major Nigerian banks explore merger talks ahead of the CBN's recapitalisation deadline, amid $706 million in fresh foreign investments.
4 weeks to CBN deadline: Which Nigerian banks are safe and who is still racing against time?
Nigeria’s banking sector faces a recapitalisation deadline. While major banks thrive, mid-tier and smaller banks struggle to raise funds, risking regulatory action.
Grief, lamentation as UBA loses ex-chairman, details emerge
It was a grief and lamentation period as the former chairman of the UBA, Chief Israel Ogbue, declared dead. Details surrounding his passing away have emerged
UBA launches diaspora investment platform to unlock $100 billion African capital
UBA has launched a new diaspora investment platform for Africans abroad, offering integrated banking, investments, and real estate to build long-term wealth.
Another Nigerian bank joins GTB, UBA, Zenith, Access, others worth over N1 trillion
Wema Bank has entered Nigeria’s exclusive N1 trillion market capitalisation club for the first time, driven by rising share prices, improved earnings.
New tax laws: Access, Zenith, UBA, others begin major deductions from savings account interest
Nigerians face a new 10% withholding tax on savings interest, sparking outrage as rising costs pressurise savers. Tax experts clarify common misconceptions.
Man narrates how Tony Elumelu unexpectedly sent N2 million to his account, "My phone beeped"
An entrepreneur has recounted how billionaire Tony Elumelu unexpectedly sent N2 million to his account. He said he had to say a silent prayer for him.
Stocks market closes bearish after trading on Thursday
The Nigerian stock market fell on Thursday as investors took profits, with Infinity Energy, United Homes REIT, John Holt, NCR gaining, Omatek and others declining.
CBN raises alarm over new banking fraud trends as digital payments surge in Nigeria
The Central Bank of Nigeria warns of emerging fraud risks in digital banking as losses decline amid stronger controls, swift responses and improved security.
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