Crisis in Jaiz Bank over MD position between Usman and Khan

The controversy at Jaiz Bank Nigeria over who is the authentic managing director between Malam Hassan Usman and a successor, Mohammed Shaheed Khan may sank the financial institution reputation to record low in the face of the banking community. There appears to be a brewing boardroom bickering at Jaiz Bank Plc over the tenure of […]

Pregnant Access Bank staff slumps after receiving sack letter

A pregnant cashier working with Access Bank Ketu/Ikorodu branch allegedly slumped after she was handed her sack letter, gathered. The woman known as Taiwo is one of Access staff affected by the bank’s mass retrenchment of staff. The 3-months pregnant cashier identified as Taiwo collapsed on Saturday after hearing of her dismissal from Access […]

Stanbic IBTC staff,Kehinde Oyelade charged to court over N3 Million Fraud

A bank staff of Stanbic IBTC, a new generation bank in Nigeria has been arrested and charged before a Magistrate’s court sitting in Ejigbo for allegedly diverting the bank’s customer’s N3m in the account in Lagos State Western Nigeria. The 29-year old Kehinde Oyelade allegedly tampered with the bank’s computer and diverted the money belonging […]

APR Plc Proposes 43 Kobo Final Dividend

Africa Prudential Registrars Plc has proposed a final dividend of forty-three (43) Kobo per share to the delight of its shareholders. This final dividend rounds up to sixty (60) Kobo total dividend for 2015 financial year, having paid an interim dividend of seventeen (17) Kobo on August 31, 2015 after releasing its half year financial […]

UBA Card Holders to enjoy free rides on Uber

Uber and UBA have today announced a partnership which offers UBA cardholders up to N6,000 worth of free Uber rides from now until 31 March 2016. UBA cardholders who sign up for Uber will get up to N3,000 off each of their first two rides. To get this offer, a customer needs to sign up […]

Jovago, AIG gets $84 million investment in new funding round, one of Africa’s leading hotel booking website, and AXA, a worldwide leader in Insurance and Asset management announced today a partnership to develop the expansion of Jovago in a new round of funding aimed at boosting its activities in Africa. This would further ensure the expansion of the business and strengthen the brand in […]

International Forum on Islamic Finance (IFIF) gathers powerhouses from across global Islamic finance industry

  Islamic banking leaders and dignitaries from across Africa and the Middle East gathered today at the 2nd annual International Forum on Islamic Finance (IFIF 2016) ( Held under the patronage of the Government of the Republic of the Sudan, the Central Bank of Sudan and the Ministry of Finance & Economic Planning – and […]

Hello! Union Bank wants to break the Youth market

Hello! Union Bank wants to break the Youth market

By Niyi Tabiti Back in the days, Union Bank pay off “Big, Strong,Reliable” was very exciting to the ears.The adverts was shown regularly on television with the logo of a horse.Union bank was always on the top five best banks in Nigeria.    However, Gistmaster findings show that Union bank management forgot to consolidate on […]

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