Bank customers pay N119bn charges for e-banking services

Customers of eight commercial banks paid N119.3 billion as service charges for electronic business (e-biz) transactions in the first quarter of 2024 (Q1’24). This represents a 65 percent year-on-year (YoY) increase when compared with N72.22 billion the customers paid in Q1’23. The eight banks are Guaranty Trust Bank, GTB (N11.26  billion) , Zenith Bank (N19.9  billion), Access Bank […]

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UBA will pursue innovations that enhance customer experiences — GMD

Group Managing Director/Chief Executive, United Bank for Africa, UBA Plc, Mr. Oliver Alawuba, yesterday said that the bank will continue to focus on innovations that enhance customer experiences in order to sustain achievements recorded in the 75 years of the bank’s operation. Speaking during the bank’s world press conference at the UBA House in Lagos to mark the […]

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Dangote laments African travel restrictions

Nigeria’s business mogul, Aliko Dangote, has decried difficulties faced by investors travelling across the African continent. He bemoaned the stringent travel policy among African countries when he spoke recently at the Africa CEO Forum Annual Summit in Kigali, Rwanda. According to Dangote, he needs different 35 visas on his Nigerian passport to travel within Africa. […]

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FG, UAE plan new oil exploration deal

The Federal Government, on Monday, urged the United Arab Emirates to invest in the renewal and reconstruction of the more than 50-year-old oil pipelines in Nigeria, stressing that the facilities had outlived their lifespans. It also stated that Nigeria and the UAE were on the same page concerning oil exploration as crude oil drilling would […]

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