United Bank for Africa (UBA) Plc has launched a web based banking platform, U-Direct Corporate. It’s a cash management and transaction services platform designed to help small and large firms maximise their payments, collections and liquidity position. The bank explained that the product, operational in UBA Nigeria and across the […]
Author: InvestAdvocate
Unclaimed dividends have been significantly reduced – Olugbemi
The efforts of regulators and registrars have led to a reduction in unclaimed dividends to 5.05 per cent of total dividends declared in the last 10 years, the Institute of Capital Market Registrars, has said. According to the institute, this is a major improvement over the situation in the past […]
Sterling Bank introduces social money scheme
Sterling Bank Plc says it has partnered Bincom, an Information and Communication Technology firm, to introduce Social Lender scheme. Social Lender, according to the bank, is a modified peer-to-peer lending solution which uses social media platforms to offer micro-credit to members of the platforms. The scheme provides a platform for […]