Business

The Board of Directors of leading African financial institution; Coronation Merchant Bank limited has announced the appointment of Banjo Adegbohungbe as an Executive Director and Chief Operating Officer of the Group. He will be responsible for the Operations; Information Technology; Digital Channels and Administrative Divisions of the bank and its …

Pan-African financial services group, United Bank for Africa Plc, has once again made an addition to its growing list of enviable laurels as it was named Africa’s best bank  in the Digital category at the prestigious Euromoney awards in London.   This further lends credence to UBA’s dominance in the digital …

Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings PLC, have partnered with Dangote Cement PLC, Africa’s largest cement producer, to announce the issuance of the N50 billion Series 1 and 2 Notes, the largest ever Commercial Paper (CP) issuance by a Nigerian company, under the recently …

  LAGOS, NIGERIA, 5 July 2018 – French President Emmanuel Macron offered a bold and new vision of France’s relationship with Africa, speaking to Tony Elumelu Entrepreneurs in Lagos today. He passionately advocated a new partnership, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the private sector and …

  …Signs 500 million Naira Investment Agreement with Katsina State to revive Songhai Project The Group President/CE, Dangote Group, Aliko Dangote, on Thursday, July 5, 2018, signed an agreement with Katsina State Governor for reviving and upgrading the moribund Songhai project in Dutsinma town, under a 10-year lease agreement. The …

  PLEDGE BRINGS ELUMELU’S INVESTMENT TO DATE IN NIGERIAN ENTREPRENEURS TO N4.4 BILLION LAGOS, NIGERIA, 5 July 2018 – Today, during a courtesy visit to the Governor of his native Delta State, Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON pledged …

Still in the spirit of the 2018 Corporate Responsibility and Sustainability Week (CR&S), themed ‘Touching Lives; You First’, employees of First Bank of Nigeria Limited recently shared moments with physically challenged children in Lagos and also presented numerous foodstuffs and toiletries to them. The CSR activity which took place all …

Diamond Bank Plc may have to shell out the princely sum of N2.6 billion if it loses the suit brought against it by a limited liability company Gitto Costruzioni Generali Nigeria Limited. The company which specializes in construction is suing the bank for allegedly mismanaging its accounts domiciled in the …

Diamond Bank recently announced the appointment of Oluseyi Bickersteth as the new Chairman of the Board of Directors, effective June 26, 2018. This appointment comes against the backdrop of Bickerseth’s strong values and vision which both align with the bank’s current focus of delivering excellent performance by leveraging technology to provide …

Mr. Obeahon Ohiwerei is the Group Managing Director/CEO of one of the fastest growing financial institutions in Nigeria, Keystone Bank Limited. In this interview with INTERNATIONAL BANKER MAGAZINE, UK, the banking guru speaks on the achievements of the bank in the last few months since assuming office. In less than …