UBA

Banks exposed to Etisalat lose N106bn stock value as investors weigh options

Stocks of banks exposed to Etisalat Thursday lost an estimated N106 billion in value at the Nigerian bourse, according to…

Nigerian bourse: Bears sustain grip on market as NSE ASI loses 1.6% to profit taking

The Equities market extended its bearish run Thursday as the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalization…

Access, UBA, First Bank, GTB, Diamond, Sterling score high in global quality ranking of 100 major banks

Six Nigerian banks, Access Bank, First Bank (FBN Holdings), United Bank for Africa, Diamond Bank, Guaranty Trust Bank and Sterling…

Fitch assigns final ‘B’ rating to UBA $500m notes

Fitch Ratings has assigned United Bank for Africa Plc’s $500 million 7.75% senior unsecured notes maturing 8 June 2022 a…

Nigerian banking shares rally on recovery hopes

First Bank Holdings led a rally of Nigerian banking stocks on Tuesday, fuelled by hopes that Nigeria will emerge from…

Kaduna state government at war with banks over revenues

The Kaduna State Internal Revenue Service (KDIRS) has threatened to seal all banks operating in the state which failed to…

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