UBA
Top female bank CEOs in Nigeria 2026: Meet the women leading major banks, driving growth
Female leaders like Adaora Umeoji and Nneka Onyeali-Ikpe are transforming Nigeria's banking sector, achieving historic gender representation and driving innovation.
Nigerian banks raise staff salaries as Access, Zenith, UBA, Wema spend ₦1 trillion on workers
Nigeria's banks saw a 12.75% workforce rise and a 27.49% salary increase in 2025 due to fierce competition from fintech firms luring skilled talent away.
Tony Elumelu nears billionaire milestone as Seplat Energy stake soars to nearly $1 billion
Tony Elumelu's stake in Seplat Energy approaches $1bn, driven by a share price rally and impressive financial results, elevating him closer to billionaire status.
What low-income earners can do as PiggyVest survey shows millions of Nigerians have no savings
A new report shows that over half of Nigerians do not have any form of savings, raising concerns about financial resilience in the country amid rising living costs.
Nigerian Big 5 banks increase staff wage bills, release full breakdown
FUGAZ banks recorded rising personnel expenses in 2025 as inflation, salary adjustments and hiring growth significantly increased operating costs.
Stock market posts marginal loss as investors trade 3.95bn shares in one week
The Nigerian Exchange closed the week lower as the All-Share Index dipped 0.12%, market capitalisation fell to N128.969 trillion, and trading volume weakened.
Stock market closes trading negative after Eid-el-Fitr holiday
The Nigerian stock market dipped 1.07% post-Eid-el-Fitr as investors offloaded major stocks like GTCO and MTN Nigeria, with Presco leading gainers.
UBA Group and BII collaborate to support SMEs and close Africa’s trade finance gap
UBA UK and British International Investment have signed a letter of intent to enhance trade finance access for African businesses, addressing an $80 billion gap.
Access, UBA, Zenith, other banks raise interest rates on savings accounts
Nigerian banks, led by CBN's new policy, raise savings interest rates. But inflation outpaces yields, leaving many households feeling financial strain.
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