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Nigeria’s CBN endorse UBA, Stanbic IBTC, GTBank 11 others for Mobile Money

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has endorsed the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Stanbic IBTC and 11 other Mobile Money Firms. A Source close to InvestAdvocate made the list of the Company’s available via e-mail. The 11 other Mobile Money […]

Union Bank Pensioners endorse recapitalisation

Press Release Union Bank pensioners have unanimously endorsed and approved of the plans and strategies evolved by the management and Board of Union Bank of Nigeria Plc to recapitalise in line with the regulatory requirements.    This endorsement was adopted at an interactive forum with the bank`s management  under the aegis […]

Sterling Bank offers AMCON, ETB shareholders 20% stake

By Ademola Alawiye with agency report Sterling Bank Plc has said it will transfer 20 per cent of the bank’s shareholdings to Asset Management Corporation and shareholders of Equitorial Trust Bank Limited after concluding the merger transactions. The Chief Strategy Officer, Sterling Bank, Mr. Yemi Odubiyi, also said on Thursday […]