A new report has found that bank customers in Nigeria are the heaviest users of Automated Teller Machines in the world. The study by EY, a global business and financial advisory firm, also shows that Nigerians have the highest sensitivity in Africa and the second highest globally to close accounts […]

The Group Managing Director, Diamond Bank Plc, Dr. Alex Otti, says the Central Bank of Nigeria’s monetary policy is currently “very tight” and is limiting banks capacity to give out more loans. Specifically, he said with CBN’s cash reserve ratio on public sector deposits at 75 per cent and private […]

Press Release In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc has announced key appointments to drive its quest for industry leadership by 2015. UBA’s Project Alpha is a 3-year road map of key transformation initiatives, designed to reinforce the Group’s strategic positioning and leverage its […]