Tag Archives: Banking

UBA is Well-Positioned to Benefit from Recovery Trends in 2021 says Elumelu

Group Managing Director/CEO, Mr. Kennedy Uzoka and Group Chairman, Mr. Tony Elumelu, at the 59th Annual General Meeting of United Bank for Africa(UBA) Plc Pan African financial institution, United Bank for Africa (UBA) Plc has assured its teeming shareholders and investors of even greater returns in the coming months, with the bank having established a diversified…

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Visa, PayPal to Allow Customers to Pay With Cryptocurrency

Visa and PayPal recently announced that they would allow the use of Cryptocurrency on their platforms. According to a Reuters report, Visa said yesterday that it would allow customers to specifically use the cryptocurrency USD Coin in transactions made across its payment network. Visa told the news wire that it launched a pilot program with Crypto.com — a crypto platform — and will seek out other…

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Information Technologist Alleges GTBank Stole the Concept of Their “HabariPay” from a Proposal He Sent to a Govt. Agency

        GTBank’s CEO- Segun Agbaje                         IT/ Software Engineer Davod Atowoju An Information Technologist, Software Engineer, Robotics and Machine Expert who goes by the name Davod Atowoju is alleging that one of Nigeria’s most profitable banks- GTBank stole his idea for it’s Fintech Company “HabariPay”…

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UBA Reimagines Digital Banking, Gives Customers More Control, Convenience with new Mobile App

    Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility to carry out transactions…

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UBA Delivers Double-Digit Growth in Gross Earnings, as Profit Hits N132bn

Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines. The 2020 audited financials filed at the Nigerian Stock Exchange (NSE) on Monday, showed that bank’s gross earnings grew by 10.8 percent to N620.4 billion,…

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Cryptocurrency Ban: It is for the Best Interest of Nigeria, CBN Gov. Emefiele Tells Senate Committee 

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Tuesday honoured the invitation by Senate to defend the ban on cryptocurrency trading in the country. A Channels Television report sites, the decision of the Senate to invite the CBN governor is sequel to a motion by a Federal Lawmaker Senator Istifanus Gyang during plenary on…

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Cryptocurrency Ban: Senate Invites CBN Governor, Godwin Emefiele

The House of Senate has invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to brief its committees on the opportunities and threats of cryptocurrency on the nation’s economy. According to a Channels Television report, the decision of the Senate to invite the CBN governor is sequel to a motion by a Federal…

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#EndSARS: Falana Advises CBN to Remain in the Business of Banking, Stay Out of Politics

Femi Falana, a Senior Advocate of Nigeria (SAN), has asked the Central Bank of Nigeria (CBN) to stay out of politics and stick to the business of banking. The human rights lawyer who was a guest on Channels Television’s Sunrise Daily has described CBN’s move in this case as that of intimidation, he argued that the…

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Access Bank Repositions Digital Payment to Reap African Continental Free Trade Agreement Gains

Herbert Wigwe-Group Managing Director Access Bank Access Banks planned expansion to eight African countries will come with huge gains from the 1.3 billion people targeted in the African Continental Free Trade Agreement (AfCFTA) deal. The banks strong digital banking platforms will play well in enabling electronic payments across countries of operation and beyond. The lender…

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UBA’s LEO: Celebrating three Years of Revolutionised Banking Services

When Mark Zuckerberg recognised UBA’s Leo at Facebook F8 Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and…

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