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UBA’s Ongoing Digital Transformation Establishes Dominance Across Africa

Pan African Financial institution, United Bank for Africa (UBA) has invested significantly in cutting edge technology in a bid to boost its overall service...

Access Bank Acquisition of Transnational Bank Kenya Brings Little Shareholder Value

In a statement released last week, Access Bank, which is one of Nigeria’s largest Banks by assets said it had successfully completed the acquisition...

Why Tesla’s Rise may Complicate Things for Africa’s Richest Man

Tesla Inc., shares ended at a record $1,079.81 on Tuesday, sending the Silicon Valley car maker's market cap above $200 billion for the first...

Coronavirus Can’t Stop Zenith, First, Access Bank Directors from Pocketing N14.89bn Dividends

The directors of some of Nigeria’s largest banks including Zenith, First and Access Bank will take home a combined N14.64 billion in final dividends...

Zenith Bank Overtakes Dangote, MTN, now Nigeria’s most profitable company

Zenith Bank Plc has leapfrogged Dangote Cement and MTN Nigeria to become the most profitable company in Nigeria as the lender’s strategies in the...

Wapic Insurance’s Sticky Expense ratio Should Alarm Investors

Wapic Insurance Nigeria Plc is spending more in acquiring, underwriting, and servicing premium income, raising concerns about the underwriters’ cost control mechanism. For instance, expense...

First Bank close to sealing Polaris Bank acquisition

FBN Holdings or First Bank is close to sealing a deal to acquire Polaris Bank, people familiar with the matter tell MoneyCentral. Polaris Bank which...

UPDC fiasco leads UACN to report N15.8bn loss on significant impairment of investment

UACN reported revenue of N2.15 billion and operating loss of N1.26 billion for the 2019 period. Total comprehensive Loss for the year came in...

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