30 results
- 23 Dec 2021
Titan Trust Bank Acquires Union Bank
Titan Trust Bank Limited (TTB), one of the fastest-growing and customer-centric financial service providers in Nigeria, has acquired Union Bank of Nigeria Plc. This followed an agreement by Union…
- 8 May 2023
Titan Trust Bank to Acquire Union Bank's minority shares
Titan Trust Bank Limited is set to acquire the equities of Union Bank of Nigeria (UBN) Plc held minority investors after the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission…
- 19 Jan 2024
Access Bank to Acquire 80 Percent Stake in Finance Trust Bank
Access Holdings Plc said its subsidiary, Access Bank has agreed to acquire a majority stake of 80 per cent in Finance Trust Bank Limited (FTB) in Uganda. The deal will also see Access Bank…
- 22 Mar 2015
Nigeria Distrust Banks, Trust Mobile Phones
The real economy relies on the financial system. And the financial system depends on trust. Indeed, trust is imbedded in the language of finance. Lamido Sanusi, former governor Central Bank of…
- 19 Nov 2021
Titan Trust Bank Opens New Branch in Kano
In its determination to deepen commercial banking activities across Nigeria, Titan Trust Bank Limited, one of the fastest-growing and customer-centric financial service providers in Nigeria, has…
- 9 Mar 2021
Firm Asks Court to Freeze SAP Accounts over Alleged Contract Breach
B4G Consulting Ltd has asked a Lagos State High Court to restrain Systems Applications Products (SAP) from dissipating $3,371,945.27 and N5mllion with 28 Respondents including the Central Bank of…
- 5 Jan 2015
ICS Financial Systems Extends Leading Presence in Africa
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, partnered with new banks through expansion of its operations in Kenya, Rwanda…
- 2 Feb 2021
IST Orders NDIC to Pay IPO Subscriber
Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a landmark judgment that…
- 11 Aug 2024
SERAP Urges Tinubu to Probe $1,5bn World Bank Loan to States, $3bn Chinese Loan
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu, to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN) and…
- 14 Apr 2009
Union Bank Donates N50m to LASG Security Trust Fund, Bags Awards
Union Bank of Nigeria Plc after an initial N20 million deposit made to the Lagos State Security Trust Fund has added another N30 million bringing its donation to the Fund to N50 million. Dr. Barth…
- 12 Dec 2023
Why Some Nigerian Banks Failed - Ibrahim
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with…
- 2 Oct 2023
NDIC Begins Payment of N16.18Bn to Liquidated Banks’ Depositors
Nigeria Deposit Insurance Corporation (NDIC) has declared N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. This followed impressive…
- 7 Dec 2023
NDIC to Pay N16.18Bn Liquidation Dividends to Depositors of 20 Failed Banks
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan, managing director…
- 11 Jan 2010
Nigerians Trust Phones More than Banks-Study
Preliminary findings from a mobile perception survey have shown that Nigerians trust mobile phones more than banking institutions and suggested that mass banking through the mobile is imminent in the…
- 16 Dec 2024
UBA Supports Lagos State Security with N500m Donation
United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its…
- 18 May 2015
GTBank Deploys Technology for 1st Instant Money Transfer by Mobile Phone
Guaranty Trust Bank Plc is applying state of the art technology and breakthrough innovation to enable funds transfer on the mobile phone for the first time in Nigeria for GTBank customers. The bank…
- 17 Jul 2012
GTBank Emerges “Best Bank in Nigeria”
Guaranty Trust Bank plc has been recognized as the 2012 ‘Best Bank in Nigeria’ by Euromoney Magazine for the fourth consecutive year. The award which was presented during the 2012 Euromoney Awards…
- 1 Feb 2016
UBA, Others Make World’s Top 500 Banks
United Bank for Africa, First Bank of Nigeria Limited, Guaranty Trust Bank Plc and Zenith Bank Plc have been named among the world’s top 500 banks. A new study conducted by the United Kingdom-based…
- 27 Jun 2021
NDIC Begins Payment of Liquidation Dividends to Depositors of 14 Dead Banks
Nigeria Deposit Insurance Corporation (NDIC) said it is ready to pay uninsured creditors, depositors and shareholders of 14 closed banks their liquidation dividends. In a release on Sunday by Bashir…
- 28 Oct 2019
GTBank Removes all Bank Charges for Young Undergraduates
Guaranty Trust Bank (GTBank) has removed all bank charges for undergraduates between the ages of 16 and 25 operating its GTCrea8 Account. The bank in a statement said it will cover all charges on…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 5 Mar 2020
Path Solutions Launches Digital Banking Suite Underpinned by State-of-the-art Analytics
Path Solutions has revealed its new Intelligent Digital initiative roadmap with the launch of Path Digital and Path Intelligence platforms which will enable forward-thinking banks to maintain…
- 29 May 2022
GTCO Plc’s GTBank Maintains its Dominance in Financial Services at the Brand Africa 100: Africa’s Best Brands Awards
Guaranty Trust Bank Ltd, the banking subsidiary of Guaranty Trust Holding Company Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands…
- 5 Apr 2013
Nigerians Trust Mobile Phones more than Banks-Study
MobileMoneyAfrica, Africa’s leading resource for mobile financial inclusion has released a survey showing that Nigerians trust mobile phones more than banking institutions. The study also found that…
- 13 Jul 2016
GTBank Win Bank in Nigeria, Best Digital Bank in Africa @ Euromoney Awards
Guaranty Trust Bank plc, foremost African financial institution; reaffirmed its position as a leading global brand with its recent recognition as the ‘Best Bank in Nigeria & Best Digital Bank in…
- 29 Feb 2016
GTBank Upgrades to Latest version of ICS BANKS from ICS Financial Systems
Guaranty Trust Bank (GTBank), one of the largest banks in Africa and the multiple awards wining bank that was named “Africa’s Most Innovative Bank for 2015”, has successfully upgraded to the latest…
- 18 Dec 2023
Court Freezes Oyo Accounts in 10 Banks over N3.5Bn Debt
A High Court of the Federal Capital Territory, Abuja has issued an order freezing the accounts of the Oyo State Government in 10 commercial banks in the country. The order was issued by…
- 4 Mar 2019
ICSFS, PBZ Celebrates Successful Go Live of ICS Banks Islamic & ICS Bank
The People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania, has successfully deployed and gone live on ICS BANKS ISLAMIC and ICS BANKS universal software…
- 26 Dec 2023
TitanTrust Bank / Union Bank: A Call for Transparency by Investigators
By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union Bank of Nigeria Plc ("Union Bank"), and this has…
- 26 Jun 2018
GTBank Tanzania Goes Live on ICS BANKS
ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions, announced today that Guaranty Trust Bank (Tanzania) Limited (GTBank Tanzania);…