Ex-Zenith Bank chairman, Jim Ovia Zenith Bank has announced the retirement of its founder and group chairman, Jim Ovia, following the expiration of his tenure. The announcement was made on Tuesday during the bank’s ongoing 35th Annual General Meeting and further communicated in a statement. The bank said Ovia stepped down after completing the mandatory […]
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Access Bank Plc has appointed Mrs Ifeyinwa Osime as its Board Chairman ,following the retirement of Paul Usoro on January 29, 2026, upon the completion of his regulatory tenure limit. Osime is an accomplished legal practitioner with a strong background in corporate governance and strategic leadership. She was appointed to Access Bank’s Board in November […]
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With effect from January 1, 2026, Nigerians will start paying a N50 stamp duty on each bank electronic transfer of N10,000 and above. This is part of the measures that kick off the implementation of the new Tax Act which becomes effective in Nigeria from tomorrow. The stamp duty or electronic money transfer levy (EMTL) […]
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Zenith Bank Plc has retained its position as the number one bank in Nigeria by Tier-1 Capital for the 16th consecutive year. This is according to the 2025 Top 1000 World Banks’ Rankings, published by The Banker, Financial Times Group, United Kingdom in its July edition. The latest ranking placed Zenith Bank Plc as the […]
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Mr. Tony Elumelu Tony Elumelu, Chairman of United Bank for Africa, has acquired an additional N43.91 billion worth of shares in the bank over a two-day period. According to a regulatory filing submitted to the Nigerian Exchange Group by UBA’s Group Company Secretary, Bili Odum, the transactions were carried out between May 29 and May […]
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Cross-section of Keystone Bank staff with representatives of regulatory agencies at the event in Lagos recently Keystone Bank, a leading financial institution in Nigeria, has rewarded its loyal customers through its “Welcome Back Campaign Promo,” an initiative designed to re-engage dormant and inactive account holders. The draw, which took place on the 20th of November […]
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Access Bank Plc has rewarded a lucky customer with a brand-new SUV as part of its star prize rewards in the ongoing 16th Season of the DiamondXtra rewarding scheme. The official car presentation event which took place at the bank’s Head Office in Lagos saw Onyeamechi Uchenna Modestus, an Owerri-based businessman who runs DiamondXtra Account […]
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Guaranty Trust Holding Company Plc (GTCO) has announced the opening of its offer for subscription of 9,000,000,000 ordinary shares of 50 kobo each at N44.50 per ordinary share (the Offer). This followed the clearance of the offer prospectus and registration of the offer shares by the Securities and Exchange Commission, Nigeria (SEC Nigeria). GTCO, in […]
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The First Bank of Nigeria Holdings has appointed Nigerian billionaire and businessman, Femi Otedola, as the new chairman of its board of directors. Otedola, who recently expressed his excitement about his return to the Forbes African Billionaires list after a seven-year hiatus, takes over from the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. Sharing […]
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Group Treasurer, United Bank for Africa (UBA), Adeyemi Adeleke (left); Group Managing Director/Chief Executive Officer, Oliver Alawuba and Executive Vice President, African Import and Export Bank ( Afreximbank), Denys Denya, during the signing of Trade Finance Facility under the Afreximbank’s Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA), on the sideline of Intra-African Trade […]
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