05/10/2021

Access Bank Targets Domination

For the year ended December 31, 2020, posted gross earnings of N764.7 billion, showing a growth of 15 per cent from N666.8 billion in 2019.

05/07/2021

Shareholders Hail Sterling Bank

He noted that in line with the commitment to drive operational efficiency across the organisation, the bank achieved a 2.5 per cent reduction in operating expenses as it continues to leverage on past investments made in technology.

05/06/2021

Treasury removes 20pc excise tax on bank loans

The 20 percent excise tax was introduced in 2018, triggering an increase in the cost of bank services, including loans, transfers — both local and international — over-the-counter withdrawals as well as ATM transactions and account operating f

05/06/2021

Shareholders laud Union Bank

She noted that in the face of the lockdowns and disruptions caused by COVID-19, the bank pivoted to remote work for over 70 per cent of its employees at the height of the pandemic

04/30/2021

Union Bank recorded N6.9bn profit in Q1– Report

Union Bank said its operating expenses fell by four per cent to N17.3bn from N18bn in Q1, 2020, an outcome of sustained cost optimisation efforts; while non-performing loans ratio was flat at four per cent.