United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years working experience at
An Ikeja High Court remanded a staff of Union Bank Plc, Danasabe Ibrahim, and three others in prison custody, for allegedly defrauding the bank of N2.05 billion. The 47-year-old banker was arraigned alongside Salihu Mahmoud, 34; Friday Isaiah, 33; and Samuel Azaaior, 30, by the Economic and Financial Crimes Commission (EFCC). The News Agency of
The Board of Directors of Jaiz Bank PLC has following the resignation of the Managing Director, Muhammed Mustapha Bintube after almost 10 years of meritorious service, announced the appointment of the General Manager in charge of the Bank’s Business Development Group, Hassan Usman as the Acting Managing Director. Hassan is a trained Chartered Accountant and
Paga, the mobile payments company in Nigeria announced its partnership with Nigeria’s online bus ticket pre-booking engine − Bus.com.ng to provide alternative ticket payment channels. This partnership will allow bus.com.ng customers to utilise Paga’s secure and easy to use payment options to pay for bookings online at www.bus.com.ng, via SMS and through the vast Paga
The Board of Ecobank Transnational Incorporated (ETI) announced the decision of Kolapo Lawson to stand aside as its Chairman. He will retire from the Board on 31 December 2013 and hands over to André Siaka as interim Chairman with immediate effect. Commenting on his decision, Mr. Lawson said: “The last few months have seen huge
Access Bank has introduced Nigeria’s first Corporate Internet Banking Solution with a variety of features optimised to address the traditional payment and cash management requirements of large corporate and other categories of businesses. Unveiled in Lagos, Primus by Access Bank is developed to address the complexity of daily business operations through effective management of payments,
In its bid to continually improve banking services and ease customers’ experience, FirstBank is set to change the way consumers and merchants facilitate payment for goods and services using social and digital media. FirstBank in conjunction with 3AL limited has built a portal to provide various services which include retail, insurance products and e-ticketing solutions.
Bango and MMIT have released M-Iflọ, a payment solution that enables online transactions for digital content. M-Iflọ navigates the mobile payment environment in Sub-Saharan Africa and is tailored to the needs of the industry leaders in mobile content. Africa’s growing population of smartphone users are young, tech savvy and early adopters by instinct. But when
United Bank for Africa (UBA), a Nigerian commercial bank, has launched an e-commerce platform aimed at supporting the growth of small and medium sized enterprises (SMEs) in the West African country. U-Mall is a partnership with Netplus Advisory Limited, which UBA said will allow SMEs to set up online stores and extend their reach. U-Mall
Cross River state, Halogen Security Limited, Federal Inland Revenue Service (FIRS) and Igabi Local Government Area in Kaduna state have emerged winners at the maiden edition of the International Conference on Payment Systems. In a statement, Interswitch said the recipients bagged the awards for their adoption of e-payment. “All four have been recognized by the
