
UBA







In a landmark deal valued at N32bn, Nigerian billionaires Femi Otedola and Tony Elumelu have reached an agreement that has ended the power tussle for Transcorp.

There is a chess game ongoing between two charismatic Nigerian billionaires, Femi Otedola and Tony Elumelu, over who takes control of Transnational Corporation.

Nigerian banks are offering huge student loan amounts for education with high maximum limits which is a positive development for Nigeria's education sector.

Nigerian bank CEOs outrank each other on the list of the highest-paid CEOs in 2022, with Segun Agbaje and Herbert Wigwe leading as eight shared N1.6 billion.

Access, along with other banks, received a total of 4.57m customer complaints demanding a refund of N52.53 billion amid a surge in electronic transactions.

The Nigeria Deposit Insurance Corporation has begun another verification exercise for failed banks, and this time it is for Peak, which failed 20 years ago.

The list of 45 failed banks which were closed, having had their licenses revoked by the Central Bank of Nigeria has been revealed as Ecobank and UBA buys two.

The rise in cashless transactions in Nigeria has been a boon for commercial banks operating in the country, leading to increased profitability, and revenue.

United Bank for Africa, one of Nigeria's biggest banks, has announced job vacancies for qualified graduates to join its team and set a deadline for application.
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