UBA Announces Appointment of Henrietta Ugboh as an Independent Non-Executive Director

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory…

NDIC to Begin Heritage Bank Asset Sale in December Following License Revocation by CBN

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will commence the sale of assets belonging to Heritage Bank on December 4, 2024. Bashir Nuhu, NDIC’s Director of Communication…

Access Bank UK Acquires Majority Stake in Mauritius’ Afrasia Bank

Access Holdings Plc has announced that its UK subsidiary, Access Bank UK, has entered into a binding agreement to acquire a majority stake in Afrasia Bank Limited, a significant player…

First Bank Appoints Ebenezer Olufowose as New Chairman

Nigeria’s multinational and financial services company First Bank Nigeria, has appointed Ebenezer Olufowose as the new chairman,  following the retirement of Tunde Hassan-Odukale, after twelve years at the bank. Announcing Olufowose…

TymeBank appoints Karl Westvig as CEO

Digital bank TymeBank has appointed Karl Westvig as its new chief executive officer. In a statement, the bank says current CEO Coenraad Jonker will turn his full attention to his role as…

First Bank of Nigeria Appoints Olusegun Alebiosu as Managing Director and CEO

First Bank of Nigeria (FBN) Limited has officially announced the appointment of Olusegun Alebiosu as its new Managing Director (MD) and Chief Executive Officer (CEO). This significant leadership change was…

NIBSS Appoints Mastercard’s Former VP Ebehijie Juliet Momoh as MD/CEO of AfriGOPay

The Nigeria Inter-Bank Settlement System (NIBSS) has announced a pivotal leadership change with the appointment of Ebehijie Juliet Momoh, formerly a Senior Vice President at Mastercard, as the new Managing…

UBA’s Group Managing Director Alawuba, Appointed Chairman CIBN Body of Banks CEOs

The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body…

FCMB Welcomes Ademola Adebise to Its Board of Directors

First City Monument Bank (FCMB) has appointed Ademola Adebise, a well-respected figure in the Nigerian financial industry, to its board of directors. In addition to strengthening its leadership team with…

VertoFX Appoints Dr. Austin Okpagu as Nigeria Country Manager 

 VertoFX, the global financial technology firm delivering enterprise grade cross-border payments, FX and banking solutions across emerging markets, has announced the appointment of Dr. Austin Okpagu as its first Country…