UBA
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.
LinkedIn, a professional networking platform, has undertaken a survey and has identified 25 companies in Nigeria that provide excellent working environments.
About four Nigerian banks have announced losses caused by Ghana's debt default on its bonds, affecting the timely release of their 2022 financial statements.
Access Bank, Opay, PalmPay, Facebook, WhatsApp are among top apps surveyed as the most frequently used apps in Nigeria as smartphone access grows in Nigeria.
Commercial banks are facing liquidity following the naira redesign policy of the CBN that has mopped up cash and have decided to increase their borrowing..
United Bank of Africa is set to sell Abuja Electricity Distribution Company to recover its N56.16 billion debt owed by Kann Consortium, a major stakeholder.
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