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Access Bank Collaborates with Federal Government to roll out Government Enterprise and Empowerment Program (GEEP) 2.0 in all 36 States and the FCT

Nigeria biggest lender in the SME space, Access Bank Plc is collaborating with the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out the Government Enterprise and Empowerment Programme GEEP 2.0 in all the 36 states and the Federal Capital Territory. Successful beneficiaries of GEEP 2.0 shall …

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Union Bank to divest from UK subsidiary.

Union Bank of Nigeria, one of the oldest banks in the country with an international banking authorization, has said it will be seeking shareholders’ approval to spin off its United Kingdom (UK) subsidiary to shareholders. The bank will meet shareholders in March, 2022, at an Extraordinary General Meeting (EGM) in …

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Ecobank drags Vigeo boss to court over alleged N8.7bn debt

Ecobank Nigeria Limited has dragged a Lagos businessman, Mr. Victor Osibodu and his company Vigeo Limited before a Federal High Court in Lagos over an alleged debt of N8,701,770,328.83. At proceeding on Monday, Ecobank’s counsel, Mr. Dapo Akinosun, SAN, informed the presiding judge, Justice Yellin Bogoro that the matter is …

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BREAKING: Titan Trust Bank acquires Union Bank

Titan Trust Bank Limited (TTB), one of the fastest-growing and customer-centric financial service providers in Nigeria, has acquired Union Bank of Nigeria Plc. This followed an agreement by Union Global Partners Limited, Atlas Mara Limited and other majority shareholders to divest 88.39 per cent shareholding in Union Bank to Titan Trust …

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Ecobank opens new head office in Lagos on Friday

Ecobank Nigeria has concluded arrangement to commission its new head office building, the Ecobank Pan-African Centre (“EPAC”). The ultra-modern edifice situated along Ozumba Mbadiwe Road on the highbrow Victoria Island, Lagos will be commissioned by the Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, alongside other dignitaries, including the Governor …

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BREAKING: FBN Holdings appoints Nnamdi Okonkwo as GMD.

The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo as its group managing director. Okonkwo’s appointment takes effect from January 1, 2022. His appointment followed the retirement of Mr. U.K. Eke, who has completed his two-term tenure. Uke, …

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