The Board of Directors of Heritage Bank has announced Mr Akinola George-Taylor as the substantive Managing Director/Chief Executive Officer of the bank.
Mr Ozena Utulu, Group Head, Corporate Communications of the bank, said this in a statement on Sunday.
The statement said that his appointment received a letter of no objection from the Central Bank of Nigeria on March 31.
Akinola…
FG bars online banks from accessing customer photos and contact information.
April 10, 2023
Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023.
This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to…
The United Bank for Africa has revealed plans to sell the Abuja Electricity Distribution Company to recover a $122m debt the Disco is owing it.
The lender had in December 2021 taken over the disco following the government’s approval.
The plan to sell was revealed at the…
UBA Foundation, the corporate social responsibility arm of United Bank for Africa Plc, says it has joined the rest of the world to celebrate women in the month of March, with various activities aimed at empowering young women and promoting gender equality.
Specifically, the foundation organised a two-day empowerment programme tagged ‘Women Digitall Workshop’ where scores of young women were…
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission.
The 173 loan apps, only 119 have full approvals while 54 currently have conditional approvals while it bars illegal online…
Polaris Bank has offered free entry to local and international airport lounges to its customers.
In a statement on Thursday, the bank said that its customers who open its Polaris Select Plus Account would get free entry to local and international airport lounges across the…
World Bank has said developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges.
As such, the Washington-based lender called on policymakers to create an environment conducive for investment and devoid of corruption.
The World Bank Group President, David Malpass, said these on Thursday in Niamey, Niger Republic as he delivered a…
United Bank for Africa on Thursday said it recorded N201bn profit before tax in its 2022 financial period.
The bank disclosed this in a statement on its audited financial results for the full year ended December 31, 2022, titled, ‘Full year 2022: UBA delivers strong…
First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa.
The bank disclosed this in a statement by the Group Head, Marketing & Corporate Communications, First Bank, Folake Ani-Mumuney…
Zenith Bank Plc grew its gross earnings by 24 per cent from N765.6n as of the end of 2021 financial period to N945.5bn in the corresponding period of 2022.
The bank disclosed this in a statement on Tuesday on its audited results for the year ending December 31, 2022, titled ‘Zenith Bank grows gross earnings by 24 per cent to N945.5bn in 2022’.
As part of its commitment to shareholders, the…