Phillips Consulting makes case for succession management in Nigerian Microfinance banking industry

Without careful management of the leadership succession process, MFBs could face power tussles with consequences such as sudden exits across different grades and functions, loss of “tribal knowledge”, costs of abrupt hiring, uncertainty, chaos, damage to the company’s culture, reduced performance and may witness business failure in an extreme case.

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FirstBank wins Best Mobile Banking App, Fastest Growing Retail Bank Awards

First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner  by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies across the world, both in the public and private sectors. The award rewards innovation, creativity and the drive to create value.

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UBA Connect set to deepen Intra-African trade as customers can now make cash withdrawals in local currencies

Pan African financial institution, United Bank for Africa (UBA) Plc, has announced the official  launch of a flagship product UBA Connect, a service that enables the  customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates.

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Nigeria Customs appoints NOVA Merchant Bank as duty collecting bank

In fulfilment of its commitment to constantly find new ways to serve its customers better, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. This will enable the Bank handle duty payments for its clients in addition to process and issue custom bonds along with guarantees on their behalf.

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Access Bank explains invitation by EFCC, demises report of GMD arrest

WorldStage Newsonline– Access Bank Plc has dismissed reports that its group managing director, Mr. Herbert Wigwe was arrested by the Economic and Financial Crimes Commission (EFCC) in connection with the assets of former Abia State governor, Orji Uzor Kalu, alleged money laundering for former petroleum minister, Deziani Allison-Madueke, as well as alleged inflation of contracts linked to former Lagos State movernor, Akinwunmi Ambode.

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