30 results
- 21 Apr 2021
Airtel Secures $500m Loan to Repay €750m Bond
Airtel Africa Plc has secured a new $500 million loan with a group of relationship banks to partially refinance its €750 million bonds maturing on May 20, 2021. The banks are Bank of America, BNP…
- 26 Mar 2021
UBA America to Facilitate Investment, Development Capital, Trade Between North America and Africa - CEO
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between…
- 6 Feb 2018
Big Banks Ban Purchases of Crypto Assets with Credit Cards
The two largest U.S. banks, JPMorgan Chase and Bank of America, have announced that they will no longer allow cryptocurrency purchases on credit cards they have issued. The ban went into effect on…
- 20 Nov 2014
UBA Offers Customers Opportunity to Be Part of “Black Friday”, “Cyber Monday”
The biggest shopping weekend is around in the United States of America (USA) and pan-African bank, United Bank for Africa (UBA) Plc has put in place plans to ensure all its card holders are able to…
- 7 Feb 2018
Trustbank Amanah uses iMAL Islamic Core Banking Platform to Power Suriname Islamic Bank
Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core…
- 1 Jun 2020
9mobile Announces Alan Sinfield as New CEO
Telecoms company, 9mobile, has announced the appointment of seasoned telecoms expert, Alan Sinfield as the substantive Chief Executive Officer of the company. He brings a wealth of global operational…
- 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…
- 14 Aug 2018
Global Heists on ATM Machines Imminent- FBI
America's Federal Bureau of Investigation (FBI) has warned banks in Nigeria and others across the globe that criminals are gearing up to execute a global bank heist in the coming days. In a…
- 21 Dec 2016
Interswitch Delays IPO Plan Over Dollar Supply Concerns
Interswitch, which processes payments for banks and owns a brand of debit cards in Nigeria, suspended plans to raise as much as $1 billion in an initial public offering as investors fret over further…
- 7 Oct 2016
MTN Raises $1Bn in Bonds
MTN has raised $1 billion (R13.9 billion) in two dollar bonds, the telecoms firm said, the first such issue by Africa's biggest wireless carrier by sales since 2014. The news comes after ratings…
- 7 Sept 2016
MTN Tests Nigeria’s IPO with Bond Offer
MTN Group Ltd. plans to gauge investor interest in a possible bond offering as Africa’s biggest mobile-phone company by sales seeks funds to pay for dividends, capital expenditure and a record 330…
- 4 Aug 2015
ISPON Urges Nigerian Banks to Invest in Tech Startups
The Institute of Software Practitioners of Nigeria (ISPON), an umbrella body for indigenous software companies in the country, has recommended that Nigerian banks should emulate their foreign…
- 1 Jun 2009
Skye Bank Launches Cash-Deposit ATMs
Skye Bank Plc has launched the first of its kind intelligent cash-deposit Automated Teller Machines (ATMs). Mr. Kayode Akinyemi, head corporate affairs, Skye Bank Plc in a statement said the ATMs…
- 26 Aug 2013
Balogun, FCMB Boss Bags CIBN Fellowship
Chartered Institute of Bankers of Nigeria (CIBN) has as part of activities marking its 50th anniversary, conferred the fellowship of the institute, on Mr. Ladi Balogun, group managing director/chief…
- 12 Oct 2009
Folayan Takes Mantle of Leadership at ETB
Gbolahan Olukayode Folayan (OON), the newly-appointed Managing Director of Equitorial Trust Bank has assumed office. Folayan, a fellow of the Chartered Institute of Bankers, financial/investment…
- 6 Jun 2014
Technology, Partnership Approach Driving MasterCard Financial Inclusion in 2014
MasterCard's technology combined with increased engagement of governments is helping drive greater expansion of financial inclusion. Public-private partnerships, such as the social security program…
- 23 Mar 2024
Tony Elumelu @ 61: Marking Another Milestone
By Chidiebere Nwobodo The unit of life is time. And life is like a leaf of plain white paper you decide what to write on it. This philosophy defined Tony Elumelu’s teenage years. Tony Elumelu Then…
- 23 Mar 2017
Internet Society Hosts Africa Regional Internet, Dev Dialogue
Aimed at gathering various organizations working on Internet and development across African region to identify synergies and create opportunities for coordination and collaboration, the …
- 9 Sept 2014
UBA Sponsored Student Comes Second In Microsoft Word World Championship
United Bank for Africa (UBA) Plc recently sponsored two students to participate in the Certiport Worldwide competition on Microsoft Office in Anaheim, California, United States of America (USA), in…
- 19 Apr 2017
Police Arrests Nigerian Journalist in New York for Bank Robbery
Abdullahi Shuaibu, a Nigerian who works with the United Nations (UN) has been arrested for robbing four Manhattan banks, all during his lunch hour, New York Police said. Shuaibu was an employee of…
- 25 Sept 2024
Four African Presidents, Others Grace UBA 75th Anniversary @ UNGA79
His Excellency Carlos Vila Nova; President of São Tomé and Principe; His Excellency Julius Maada Bio President of Sierra Leone; Brice Oligui Nguema President of Gabon; His Excellency; His Excellency…
- 17 Jan 2018
Visa Launches Pilot Test of Biometric EMV Cards
Visa has initiated the first commercial test of an EMV dual-interface payment card with on-card biometric ID, according to a press release. Tests will begin in early 2018 at the Bank of Cyprus and…
- 5 Jun 2025
FBI Busts Alleged Cyber Fraud Ring Led by Nigerian ‘Tech Queen’
A Nigerian tech enthusiast known online as the “tech queen,” Sapphire Egemasi, has been arrested by the Federal Bureau of Investigation (FBI) in connection with a massive fraud scheme targeting U.S.…
- 21 Oct 2018
MasterCard Introduces Authentication Security Measures for Online Checkout
Mastercard has introduced a digital commerce solutions suite that enhances the security of stored card credentials, advances authentication to reduce checkout errors, and speeds the online checkout…
- 20 Aug 2019
Nigeria Seeks AfDB Funding for Aviation Projects
Nigeria is urging the African Development Bank (AfDB) to take over the funding of several projects geared at maintaining air safety in Africa following the decision of the United States of America to…
- 2 Jul 2024
CBN to sanction banks rejecting old and small Dollar denominations
Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United States of America Dollars. In a circular issued by the Ag.…
- 9 Jan 2025
Two Nigerian Nationals Convicted in U.S. for $560,000 International Romance Scam
Two Nigerian nationals, Olutayo Sunday Ogunlaja, 39, and Abel Adeyi Daramola, 37, each face up to 20 years in a United States prison after being convicted by a federal jury for orchestrating a…
- 21 Mar 2014
Jim O’Neil Speaks as Airtel Premier Debuts on Sunday
Terence James "Jim" O'Neill, foremost British Economist and honourary Professor of Economics at the University of Manchester, who is best known for coining BRIC, the acronym that stands for Brazil,…
- 18 Sept 2024
CBN Appoints New Board of Directors for Keystone Bank
Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move announced on Wednesday, is part of the apex bank’s strategy to ensure sustained growth for the financial…
- 18 Sept 2015
ReCap Appoints Temi Popoola as CEO for Nigeria
Renaissance Capital, a leading emerging and frontier markets investment bank, announces that Temi Popoola has been appointed CEO for Nigeria. In his new role, Popoola will focus on equities and…