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Thursday , 28 July 2016

Business

UBA washes hands off Turkey coup, dismisses speculations

Tony Elumelu, UBA

The United Bank of Africa (UBA) has officially denied involvement in the failed coup attempt in Turkey on July 15. Yenisafak, a Turkish newspaper, had alleged that UBA played a key role in distribution of funds for the facilitation of the failed coup. However, Charles Aigbe, divisional head, marketing and corporate relations of UBA, said the bank was neither “involved” nor ...

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Unique Things About Hebert Wigwe,The Boss @ Access Bank

Herbert-Wigwe1

Herbert Onyewumbu Wigwe , the Group Managing Director/Chief Executive Officer of Access Bank is always standing tall,when many are sitting down.. His contributions to the growth of Access Bank and the development of the banking industry in Africa is legendry. His impressive pedigree is known to industry watchers, just as his humble lifestyle is not strange to those who are ...

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UBA boss says infrastructure challenges hinder African economies

Phillip-Oduoza-MDCEO-United-Bank-for-Africa

The outgoing Managing Director of United Bank of Africa(UBA), Phillip Oduoza said that the dearth of infrastructure has hindered most African economies from achieving their full potential. Oduoza said this at the 4th valedictory lecture in his honour by the Chartered Institute of Bankers of Nigeria (CIBN) on Friday in Lagos with the topic, “The Emergency of A Nigerian Pan-African ...

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Poverty alleviation: Dangote donates food items to IDPs in Abuja

dangote abuja

As part of its philanthropic gesture, the Dangote Foundation has delivered food items to alleviate the suffering of the vulnerable and the indigent in the Federal Capital Territory, Abuja. The food items, worth millions of Naira, was last Thursday presented to the Minister of FCT Malam Muhammad Musa Bello. Receiving the items, the Minister said he was impressed by the ...

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UBA, MasterCard announce Pan African partnership; bank to act as issuer in 19 markets

UBA

The United Bank for Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the second quarter of 2016 will see UBA issue MasterCard credit, debit and prepaid cards across these markets. The partnership will also focus on increased ...

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Access Bank MD, Herbert Wigwe promises more support for UNICEF, vulnerable children

Herbert-Wigwe1

The GMD/CEO of Access Bank Plc, Herbert Wigwe has said that the Bank would sustain its support to the vulnerable children, orphans and internationally displaced persons in the northern part of Nigeria through its collaboration with UNICEF. Wigwe made the declaration at the 2016 Access Bank Polo Day, in association with Fifth Chukker, at the Guards Polo Club, Windsor, UK ...

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FG, Diamond Bank partner to develop entrepreneurs

UZOMA-DOZIE

Diamond Bank Plc, a quoted bank on the Nigerian Stock Exchange, NSE is partnering with the Federal Government to develop entrepreneurial skills among youths as a way of addressing the increasing rate of unemployment. The bank has been involved in entrepreneurial programmes and has announced the launch of the 3rd phase of the Building Entrepreneurs programme tagged “BET 3”. The ...

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Zenith named Most Customer-Focused Bank by KPMG

Zenith-Bank-national-headquarters

Zenith Bank Plc has been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG.  In the 2016 edition of the annual banking industry Customer Satisfaction Survey recently released, Zenith topped other Nigerian banks in the Customer Satisfaction Index (CSI) with a total of 74.6 points to clinch the prime position in the retail banking category; thereby ...

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Fitch affirms Diamond bank’s ‘BBB’+ rating

UZOMA-DOZIE

Diamond Bank’s strong fundamentals have been reaffirmed by the global credit ratings and research agency, Fitch Ratings. In the recently released 2016 ratings review of Nigerian Banks, Fitch affirmed a ‘B’ Rating, with stable outlook for Diamond bank’s short-term and long-term foreign currency issuer default ratings (IDR). The Bank’s National Long-term Rating was also affirmed at ‘BBB+ (nga)’, while the ...

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FCMB Opens Flexx Hub, Creates Fun Banking Arena for Youths

GMD/CEO of FCMB, Mr. Ladi Balogun

 First City Monument Bank (FCMB) Limited is set to launch its first Flexx Hub, an exclusive banking arena for its youth customers who hold a Flexx account. The flagship Flexx Hub is located at Lagos University Teaching Hospital, popularly called MediLag and the bank has unveiled a week-long launch event which began on Monday July 18, 2016 with exciting and fun activities to ...

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