China's Ant Financial is flexing its international muscle by agreeing to buy US money transfer service MoneyGram in a cash deal worth $880 million.
The definitive agreement, called a merger, will see MoneyGram stockholders offered $13.25 a share in cash. Shares in MoneyGram closed Wednesday at $11.88.
Alibaba unit Ant Financial...
New financing and strategic partnership with Visa will fuel global financial inclusion
Branch, the most downloaded finance app in Africa, announced a new global partnership and investment from Visa (NYSE: V). The two companies share a vision of bringing financial access to billions of people still unreached by banks....
As part of its 100th year anniversary celebrations Union Bank Plc. has announced the kick-off of the Union Bank Centenary Art Challenge, a competition designed to promote works of professional and amateur Nigerian artists across the country. The competition is coordinated in partnership with the Nigerian Guild of Artists...
Nigeria’s leading financial institution, Zenith Bank Plc, is set to light up the social and entertainment scene this month with the announcement of the Bank’s “Aspire Music Festival”.
Dubbed as the most anticipated entertainment event of the year, the music festival holds on Saturday, September 21, 2019, by 8.00pm at...
Service opens to non-customers too, free giveaway activated
The financial sector in Nigeria particularly the digital banking segment has witnessed a revolution with the grand launch of VULTe from Polaris Bank, a retail banking power house.
Launched...
.Bank Continues Naira Rain
Nigeria’s masses-friendly financial institution, Skye Bank Plc., has again lived up to its billing and has produced yet, another set of millionaires at the 11th edition of the ‘Reach for the Skye Millionaire’ reward scheme.
This time, Mr. Daniel Edem of Adeniran Ogunsanya Branch in Lagos emerged...
Skye Bank has announced the voluntary resignation of some of its Executive Directors from the services of the Bank.
The Directors who had served in Executive Management capacity for nearly two years had been part of the new Board of the bank which came into being following the July 4,...
Global electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA) announces the launch of “SmartMoney”, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app...
Wema Bank Plc today, May 10, 2017, held its Annual General Meeting (AGM) during which the financial report for the year ending December 31, 2016 was presented to shareholders. As a future-thinking bank dedicated to continuously providing convenient banking opportunities for its loyal customers and the general public, the...
The chief executive officer of Union Bank, Mr. Emeka Emuwa has said that the one of Nigeria’s most respected financial institutions, will seek to impact the society, lead the industry and celebrate all stakeholders in the next 100 years.
Emuwa stated this at the kick off of Union Bank 100...
