Access Bank Plc signs agreement to acquire 100% equity stake in Bidvest Bank
Post AMUGE
December 12, 2024
Bamidele Famoofo L-R: Seyi Kumapayi, executive director African Subsidiaries, Access Bank Plc and Mpumi Madisa, chief executive officer, Bidvest Group at the signing ceremony for Access Bank’s proposed acquisition of 100% stake in Bidvest Bank in Dubai on Thursday. Access Bank Plc has entered into a binding agreement with South Africa-based Bidvest Group Limited for the […]
Access Bank UK strengthens Europe-Africa trade with Malta launch
Post AMUGEDecember 10, 2024
Onome Amuge Roosevelt Ogbonna, managing director and chief executive officer of Access Bank Plc Access Holdings Plc has announced that its banking group subsidiary, The Access Bank UK Limited, has launched its first fully-owned subsidiary in Malta, The Access Bank Malta Limited. The banking licence application has been approved by both the European Central Bank […]
Women bankers association to host 2024 event on positioning for economic shifts, global trends
Post AMUGEDecember 6, 2024
Business a.m. The Association of Professional Women Bankers (APWB) is set to host thehighly anticipated 2024 Marquee Event, a distinguished evening designed to inspire,educate, and empower professionals across the banking, financial services, and corporate sectors. With the theme “Positioning for Economic Shifts and Global Trends – 2025 and Beyond”, this year’s event aims to foster […]
Zenith Bank emerges Bank of the Year at The Banker Awards 2024
Post AMUGEDecember 4, 2024
Onome Amuge Zenith Bank Plc has been awarded ‘Bank of the Year, Nigeria’ by The Banker Magazine’s Bank of the Year Awards for 2024. The Financial Times Group subsidiary made the announcement during an awards ceremony held in London on December 4th, commending Zenith Bank for its robust management, solid business model, and strategy, as […]
UBA, NIBSS, other banks collaborate on NQR payment solution
Post AMUGEDecember 1, 2024
Bamidele Famoofo The United Bank for Africa (UBA) on behalf of the Nigeria Inter-Bank Settlement System (NIBSS), other banks and financial institutions, has successfully hosted the inaugural Annual General Meeting (AGM) of the NQR Industry Committee reinforcing the importance of cutting-edge Quick Response (QR) payment solution, aimed at enhancing financial inclusion and the digital payment […]
UBA Group expands global footprint with banking operations in France
Post AMUGENovember 29, 2024
Onome Amuge United Bank for Africa (UBA Group) and the French Government have inked a groundbreaking business cooperation agreement, aimed at facilitating UBA’s complete banking operations in France. Bola Tinubu, the president of Nigeria, and Emmanuel Macron, the President of France, bore witness as UBA Group Chairman Tony Elumelu and French Finance Minister Antoine Armand […]
Access Bank expands African presence with acquisition of Standard Chartered Bank Angola, Sierra Leone
Post AMUGENovember 28, 2024
Onome Amuge Access Holdings Plc, has announced that its flagship subsidiary, Access Bank Plc, has successfully completed the acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited, further consolidating its presence in the African continent. The development, the bank stated, is in furtherance to its July 14, 2023 announcement regarding […]
CBN sets $100,000 minimum trade limit on new electronic FX platform
Post AMUGENovember 27, 2024
Onome Amuge The Central Bank of Nigeria (CBN) has set a new minimum trade size of $100,000, with increments of $50,000, for all foreign exchange (FX) transactions conducted on the Electronic Foreign Exchange Matching System (EFEMS) platform. In a recent directive to banks, the CBN stated that the Bloomberg BMatch system will be deployed as […]
Customers’ deposits in failed Heritage Bank safe – NDIC
Post AMUGENovember 25, 2024
Bamidele Famoofo Bello Hassan, the managing director/chief executive officer of Nigeria Deposit Insurance Corporation (NDIC),has reassured customers of the failed Heritage Bank that their funds in the bank are safe. Hassan gave this reassurance at the 2024 NDIC Editors Forum held in Lagos on Saturday. The NDIC boss, who was represented by Mustapha Ibrahim, the […]
Access Bank denounces N500m missing funds allegation
Post AMUGENovember 24, 2024
Labels accusations “untrue and baseless” Onome Amuge Access Bank PLC, has refuted the claims made by Nigerian social media activist VeryDarkMan, regarding an inheritance dispute involving N500 million allegedly belonging to a deceased customer. Access Bank firmly denied the accusations, stating that they are “untrue and baseless.” The recent allegations against Access Bank PLC have […]