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Elumelu To Step Down As UBA Chairman, Nnorom Named Successor
United Bank for Africa (UBA) has announced that its Group Chairman, Tony Elumelu, will conclude his 12-year tenure on August 21, 2026, with Emmanuel N. Nnorom named as his successor.
FG Dismisses ₦8tn ‘Secret Spending’ Claim, Says No Money Was Spent Outside Approved Budget
The Federal Government has dismissed claims that more than ₦8 trillion was spent outside the approved budget, describing the allegations as false, misleading and inconsistent with Nigeria's constitutional public finance framework
UBA rewards customer loyalty with over ₦400m anniversary bonus
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with more than ₦400 million in anniversary bonuses under its flagship UBA Bumper Account, reinforcing its commitment to rewarding customer loyalty and encouraging a strong savings culture.
CBN Revokes Operating Licences Of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) on Wednesday announced the revocation of the operating licences of forty-six microfinance banks.
Fidelity Bank Partners YEIDEP to Empower 60,000 Students with Entrepreneurship Opportunities
Leading financial institution Fidelity Bank Plc has strengthened its commitment to youth empowerment, financial inclusion and entrepreneurship through a strategic partnership with the Federal Government-backed Youth Economic Intervention and De-radicalization Programme (YEIDEP), aimed at equipping young Nigerians with the skills, resources and opportunities needed to build sustainable livelihoods.
Access Bank UK Polo Day to Rally Global Support for Education of Vulnerable Children
London, United Kingdom | June 30, 2026 – Access Bank UK is set to bring together an influential gathering of business leaders, philanthropists, royalty and high-net-worth individuals for its annual Polo Day on July 4, 2026, in Windsor, with a renewed commitment to expanding educational opportunities for vulnerable children.
Petrol Climbs 55%, Kerosene Up 37%, Diesel Soars 86% In One Year
Nigeria’s most widely consumed transport fuel, Premium Motor Spirit, also known as Petrol, maintained a strong upward trajectory, as the average retail price paid by consumers rose to N1,596.25 per litre in May from N1,027.76 in the corresponding period last year, representing an annual increase of 55.31 per cent.
Petrol: FCCPC Warns Marketers Against Consumer Exploitation Amid Global Drop In Oil Prices
The Federal Competition and Consumer Protection Commission (FCCPC) Sunday warned operators in the downstream petroleum sector against exploiting consumers following refusal to reflect the sharp decline in global crude oil prices at retail pump stations.
Union Bank Seeks Stronger Collaboration on Climate Action at World Environment Day Symposium
Lagos – Union Bank of Nigeria, in partnership with the Nigerian Conservation Foundation (NCF), has called for greater collaboration among businesses, government, civil society and young people to tackle climate change and promote environmental sustainability.
Fidelity Bank Wins DBN Award for Expanding First-Time Credit Access to MSMEs
Lagos, Nigeria – Fidelity Bank Plc has been recognised by the Development Bank of Nigeria (DBN) with the Service Ambassadors Award for the Highest Impact on MSMEs Accessing Credit for the First Time, reaffirming its leadership in supporting small and medium-scale enterprises across Nigeria.