CBN Approves Merger Of Unity, Providus Banks

The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited.…

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Firstbank Sponsors “The Noble Warriors” Play, A 90th BDAY Tribute To Wole Soyinka

FirstBank, West Africa premier financial institution and financial inclusion services provider has announced its sponsorship of the Lagos command performance of Eni Ogun – The Noble Warrior, a theatrical performance…

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Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team

President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country.   The Council has…

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Dangote Faults CBN’s 26% Interest Rate

Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN).…

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Fire Outbreak At Dangote Refinery

There was a fire outbreak on Wednesday at the Dangote Petroleum Refinery in the Lekki Free Zone, Lagos.   Reacting to the incident, the Chief Corporate Communications Officer of Dangote…

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Dangote accuses IOCs of plotting failure of its refinery

 The Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria, of doing everything to frustrate the survival of Dangote…

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Otedola buys additional 2.22% shares as stakes in FBN Holdings

Nigerian billionaire Femi Otedola, the Chairman of FBN Holdings, has acquired an additional 2.22 per cent stake in First Bank.   This was disclosed in a corporate filing on the…

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FirstBank appoints Olusegun Alebiosu as new MD/CEO

Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024.     Alebiosu steps into this pivotal…

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UBA wins Several International Awards, including Global Finance Best SME Bank for 2023 

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development…

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UBA Surpasses N1tn Market Capitalisation Mark Amidst Impressive Financials, Recognitions

…Market Cap Hits N1.022tn …Emerges Best Performing Banking Stock in 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market…

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