UBA
Customers of GTB, Zenith, others sign up for alternatives as bank charges increase
Nigerian banks raise SMS alert fees from N4 to N6 amid telecom tariff hikes, prompting customer backlash and calls for regulatory action in recent times.
Zenith, Ecobank, UBA lead as nine banks earn N2.3 trillion as interest on loans in 3 months
This implies that customers from these nine banks pocketed about N1.89 trillion as interest on their deposits, while 10% was paid as withholding taxes.
Access bank, GTB, UBA, six others increase Oil and Gas loans to N15.6 trillion
Despite market volatility and other challenges, the oil and gas sector enjoyed increased loans and advances from nine Nigerian banks, about N15.6 trillion in 2024.
UBA lists how customers can send, receive money in Naira from other African countries
United Bank for Africa (UBA) has urged its customers to leverage its Pan-African Payment Settlement System (PAPSS) desk for cross-border payments.
Access, Zenith, UBA, other banks settle N160bn owed to MTN, Airtel, others as new SMS fee begins
Telecommunication companies have confirmed that commercial banks have fully settled the lingering N160 billion outstanding USSD debt with nothing left.
UBA, Zenith, Access lead other 7 banks with over N900 billion tax remittance to FG
Ten Nigerian commercial banks collectively paid N987.40 billion in corporate income tax in 2024, according to their financial statements filed with the NGX.
Stock market opens new week positively as Banks, Consumer goods rally
The Nigerian stock market improved in the first trading day of the week and analysts are expecting more improvement in the days ahead due to dividend payouts.
Unilever Nigeria grows profit by 65% in Q1 2025, delivers 45% revenue growth
Unilever has released its unaudited financial statement, and its results are impressive, with the Managing Director, Tobi Adeniyi, expressing excitement.
“This increase is alarming": Shareholders of Access, GTCO, other banks question N393bn levy to AMCON
Shareholders of Nigeria’s leading banks have expressed growing concern as contributions to AMCON by tier-1 financial institutions skyrocketed to N393.03 billion.
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