GT Bank Launches New GTExpress Service

Towards achieving a more inclusive financial services industry, Guaranty Trust Bank plc has launched its “GTExpress” service; a comprehensive agent banking service that allows customers access financial services at convenient locations. The GTExpress service is banking via agent locations such as Supermarkets, Schools, Cinemas, Markets and Restaurants. It is an initiative to reach out to

United Bank for Africa Appoints Ambassador Joe Keshi as Chairman

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

Court Remands Banker, Three Others in Prison for Allegedly Defrauding Bank of N2.05bn

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

Hassan Usman Appointed Acting Managing Director of Jaiz Bank

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 Partners with Bus.com.ng to Provide Alternative Payment Options

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

MTN Mobile Money Users Can Now Pay and Buy Through Visa

MTN and Visa have partnered to offer customers a ground-breaking mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted. As part of the agreement, MTN customers’ devices will be able to pay using their MTN Mobile Money account in stores with Visa Points Of Sale

Standard Bank Expands Its Africa Footprint

Standard Bank Group has expanded its Africa footprint with the opening of a representative office in the Ivory Coast (Côte d’Ivoire). This means that Standard Bank, which is the largest African banking group by assets and earnings, now has operations in 19 African countries. The representative office, which is based in Abidjan, officially opens for

Ecobank Chairman Steps Down

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 Launches Corporate Internet Banking Solution

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,

FirstBank Partners 3AL to Launch Social Commerce Platform

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.