Starting January 1, 2026, Nigerian banks will charge a N50 stamp duty on electronic transfers of N10,000 and above. Salary payments and intra-bank self-transfers are exempt,...
UBA has launched a $100 million “Drive to Own” vehicle financing scheme with CIG Motors, Lagride and Lagos State, enabling drivers to own cars with 10%...
United Bank for Africa (UBA) has clarified that its Marina head office was not affected by Tuesday’s fire, confirming the minor incident occurred at a Broad...
Union Bank’s newly promoted Regional Manager, Muhammed Suleiman, was shot dead while traveling from Kaduna to Katsina. Alumni call on Nigeria’s police chief to probe the...
Bank customers in Nigeria are decrying rising charges and unauthorized deductions from their accounts. Many urge the Bank Customers Association of Nigeria (BCAN) and the CBN...
While stepping down from the board of the holding company, Ogbonna will retain his position as the Managing Director/Chief Executive Officer of Access Bank Plc, the...
Despite headwinds such as high interest rates and a tight monetary environment, liquidity within the sector remains strong. According to Agusto, the industry posted a liquidity...
According to the Group CEO, Segun Agbaje, GTCO is targeting a minimum dividend yield of 15% and an ambitious return on equity (ROE) of at least...
GTBank advised customers to use its digital banking channels for transactions during the period of early closure.
Major commercial banks such as Access Bank, First Bank, UBA, Stanbic IBTC, and Zenith Bank offer mortgage products. These loans generally feature higher interest rates (often...