UBA
FG directs Access, Zenith, UBA, others to begin key deductions from savings, current accounts
The Nigerian government has directed commercial banks to begin charging stamp duty on mortgage-backed loans on all accounts effective January 2024.
Lagos, Abuja, Rivers hit hardest as fraudsters swindle N18 billion from banks, PoS operators
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.
Access, UBA, 3 other leading Nigerian banks made record over N2.7trn profits
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.
Access, UBA, 3 other leading Nigerian Banks made record N10tn in 2023
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.
CBN slashes Access, UBA, Zenith, GTB, other bank's ability to give loans to customers
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, Zenith, 2 other Nigerian banks earn juicy N8 trillion in 12 months, record N3.5trn FX gain
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.
Access, GTB, Zenith, 7 other leading banks spend N3.2 trillion to operate in Nigeria
The combined operating expenses of ten Nigerian banks experienced a substantial increase, reaching N3.23tn in 2023, compared to N2.26tn in 2022...
Access, Zenith, other banks to shut thousands of branches for two days, give alternative channels
Commercial banks in Nigeria would be shutting their branches for about 48 hours in response to the two days of public holidays declared by the Nigerian government.
Concerns rise as UBA, Zenith, Stanbic, Wema Bank delay release of financial results
Four financial institutions have publicly declared their intention to postpone the submission of their audited financial reports for the fiscal year 2023.
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