United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

NCC Directs Banks to Deduct USSD Fees Through Airtime The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime. According to an email from the United Bank for Africa to customers on...

UBA, Access Bank Named Nigeria’s strongest Brands in 2025 - Report  United Bank for Africa (UBA) and Access Bank have been recognised among Nigeria’s strongest brands in 2025, according to Brand Finance’s ‘Nigeria 25 2025’ report. The latest rankings highlight significant shifts in brand valuation, with...

Tech Upgrade Gulps N460bn in Seven Banks in 2024 Seven top Nigerian banks have recorded a combined spending of N460billion on the information technology upgrade in 2024, Daily Trust reports. An analysis of the financial statements of Access Holdings Plc, Guaranty Trust Holding Company (GTCO) Plc,...

Stocks: Financial Sector Gains N9.49tn Market Value The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc, Zenith Bank Plc, and Access Holdings Plc. Guaranty Trust Holding Company...

Investors Lose N344.95bn as Equity Market Trade Declines Transactions on the floor of the Nigerian Exchange Limited on Tuesday closed on a negative note as investors lost N344.95bn, with the decline marking a downturn, tripling the market’s previous gains. The All-Share Index fell by 0.51 per...