UBA
According to the most recently released 2024 World's Best Banks ranking, four banks owned by Nigerians were among the best in Africa last year, 2023.
Who is Ogor Elumelu? She is the daughter of Tony Elumelu, a Nigerian investor and entrepreneur well-known as the chairman of UBA. Learn more about her family.
Some members of Tony Elumelu's family and four serving directors of the United Bank for Africa have purchased several shares of the bank worth over N1 billion.
The Nigerian government has directed commercial banks to begin charging stamp duty on mortgage-backed loans on all accounts effective January 2024.
The NIBSS has revealed that Nigerian banks lost close to N18 billion to fraud in 2023, with customers in Lagos, Abuja and Rivers recording the largest losses.
In the 2023 financial year, five tier-1 banks, including Access, Zenith, UBA, GTB and First Bank, collectively amassed revenues amounting to N9.51 trillion.
In the 2023 financial year, five tier-1 banks, including Access, Zenith, UBA, GTB and First Bank, collectively amassed revenues amounting to N9.51 trillion.
The Central Bank of Nigeria (CBN) has continued its policy changes as it seeks to find solutions to Nigeria's economy. This time, it is directed towards banks.
Access Bank, Zenith Bank, and two other commercial banks in the country have announced a gross earning of N7.99 trillion for 2023 financial year and FX gains.
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