30 results
- 11 Jun 2024
Afreximbank Provides $40m to Fidelity Bank to Facilitate Acquisition of Union Bank UK
African Export-Import Bank (Afreximbank) has said that it disbursed a $40 million intra-African investment facility to Fidelity Bank Nigeria Plc. According to a statement yesterday, the facility…
- 14 Dec 2009
Union Bank UK Pledges Business Support
Union Bank United Kingdom (UK) Plc, an international subsidiary of Union Bank of Nigeria Plc has assured its esteemed customers in Nigeria that it was poised to add more value to their businesses.…
- 29 Jan 2020
Union Bank Downsizes Operations, Sells UK Arm
Union Bank of Nigeria Plc has announced that it has entered a share sale and purchase agreement to divest its 100 per cent equity stake in Union Bank UK Plc. In a notification to the Nigerian Stock…
- 24 Mar 2021
Union Bank to Go Ahead with Sale of UK Subsidiary
Union Bank of Nigeria (UBN) Plc has restated its commitment to the sale of its United Kingdom’s (UK) subsidiary, Union Bank UK (UBUK) Plc, despite the delay in the transaction process. Joe Mbulu,…
- 3 Jun 2022
Union Bank Completes Sale to Titan Trust Bank
Union Bank of Nigeria (UBN) Plc announced it has completed the transfer of its 93.41 per cent share capital to Titan Trust Bank (TTB). This comes as it also revealed it has completed the divestment…
- 22 Dec 2021
Petro Union $15Bn Fraud Case: Supreme Court Okays Union Bank’s Appeal Bid
The Supreme Court has granted the application by Union Bank Plc to appeal the Court of Appeal judgement against the Central Bank of Nigeria (CBN), Union Bank, Minister of Finance and the…
- 7 Jul 2025
Union Bank Champions Civil Service Reform at International Conference
Union Bank, one of Nigeria’s most enduring financial institutions, made a resounding statement of support for governance reform by partnering with the first-ever International Civil Service…
- 4 May 2023
Fidelity Bank Plans Five Acquisitions in Africa after UK Purchase
Fidelity Bank Plc, Nigeria’s best-performing bank share this year, plans to expand in at least five African countries after finalizing the acquisition of the London unit of rival Union Bank of…
- 18 Mar 2025
£15bn Petro Union Fraud: AGF Defends Nigeria's Wealth at Supreme Court
In a significant move to safeguard Nigeria from potential fraud, the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi (SAN), has led a team of senior lawyers to…
- 19 Mar 2025
Court Rejects EFCC’s Document in N76 Billion Arik Air Fraud Trial
Justice Mojisola Dada of the Lagos Special Offences Court, Ikeja, has rejected a document presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of a former Managing…
- 17 Mar 2026
Breaking.......Nigerian Firms Pledge Millions, Create UK Jobs
Hundreds of new jobs are set to be created as Nigerian banks, fintech innovators and creative industry businesses scale up their operations in Britain. UK-Nigeria The move will see millions invested,…
- 26 Jul 2024
60 Hearty Cheers to Dr. Nneka Onyeali-Ikpe, GMD/CEO, Fidelity Bank
Tomorrow is your birthday Madam, kindly permit me to be the first to strike a positive chord and shine a spotlight on you, an exceptional woman, who is helping shape modern finance in Nigeria and…
- 20 Oct 2016
Mobile Banking Users to Reach 2Bn by 2020 - Report
The number of mobile banking logins are now exceeding that of Internet banking logins in many markets, says Juniper Research. Over 2 billion mobile users will have used their devices for banking…
- 24 Jun 2016
FXTM Analysis: Global Markets In State of Shock Over UK Referendum Outcome
The financial markets and spectators across the globe are in a complete state of shock following the unexpected outcome to the EU referendum that the UK has voted to leave the European Union. Markets…
- 10 Dec 2023
Fidelity Bank, Others Top List of Most Capitalized Banks in Q3 2023
Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers,…
- 17 Jan 2021
How WorldRemit Continues to Lead the Way in Nigeria
Annual remittances to Nigeria are estimated to be approximately $24bn, accounting for 6% of GDP, according to research by PwC. The importance of these overseas transfers has been amplified by the…
- 7 Mar 2019
Ogwuma, Ex-CBN Boss, Wife Buy N15.6Bn Property in UK
Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have reportedly acquired property worth £33 million (N15.6 billion). Private Eye , a UK investigative journalism…
- 24 Dec 2023
CBN's Special Investigator, Jim Obazee Accuses Emefiele of Using Proxies to Buy Banks
Jim Obazee, the special investigator appointed by President Bola to investigate the activities of former Central Bank Governor, Godwin Emefiele, has revealed in his report that the former apex bank…
- 11 Jan 2022
Fears of Job Losses as Standard Chartered Closes some Nigerian Branches
Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), the workers’ union, which strives to Striving to eliminate barriers that deny individual right to enjoy dignity…
- 3 Sept 2015
Osinbajo Richer than Buhari, Own Houses in Lagos, UK
Yemi Osinbajo (SAN), Vice President of Nigeria is way richer than the President of Nigeria, Muhammadu Buhari whose liquid worth is put at less than N30 million as at 29 May, 2015. Buhari on the other…
- 29 Apr 2026
Fidelity Bank "Basking in Approval" under Onyeali-Ikpe, CEO
Fidelity Bank Plc is basking in endless and stakeholders are happy. Dr. Nneka Onyeali-Ikpe, managing director and chief executive officer, Fidelity Bank Plc With nearly 10 million customers, Fidelity…
- 29 Jun 2016
FXTM Analysis: Markets Stabilize But Have Brexit Jitters Subsided?
Global stocks weathered the Brexit blues during trading on Wednesday with most major markets clawing back previous losses as optimism grew over central banks intervening to stabilize the post-Brexit…
- 16 May 2025
Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21
Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian…
- 6 Dec 2016
SimbaPay Takes Mobile Money Transfer Service to Ghana, Uganda
SimbaPay, a London based digital money transfer provider – today announced the launch of its money transfer service to Ghana and Uganda. Using the SimbaPay app or website, Ghanaians and Ugandans…
- 22 Jun 2016
No Nigeria Shocks from Brexit- Research
FBNQuest Research, the research arm of FBN Holdings- one of the leading financial services platforms in Africa, has said that there are no obvious Nigeria shocks from Brexit. Brexit is an…
- 8 Mar 2021
Diaspora Remittances: Firstbank to Reward customers with N5 for Every Dollar Received
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is rewarding customers with N5 for every dollar received through foreign remittances. This N5 for a dollar…
- 4 Jul 2016
FXTM Analysis: FXTM June Major Assets Roundup
Pushed to the cliff’s edge over the last six months of speculation and negative sentiment, the GBPUSD finally toppled off the verge on June 24th, the day after the Brexit vote was confirmed. Plunging…
- 21 Jan 2020
Nigeria among Top Winners of UK-Africa Investment Summit
By Lukman Otunuga, Senior Research Analyst at FXTM, The UK-Africa Investment Summit held in London yesterday was a major milestone in international relations and paved the way to fresh partnerships…
- 8 May 2014
Western Union, Moneygram Hit Nigeria, Others with Charges
Western Union and Moneygram, the world's leading money transfer companies, have been accused of charging a premium of up to 12 per cent on remittances into Africa, according to a recently released…
- 31 May 2010
FirstBank Poised to offer MoneyGram Services
First Bank of Nigeria Plc has added MoneyGram to its suite of money transfer and payment services. This makes it one of the first banks in Nigeria to have the franchises of the two leading global…