Banking

Uba Agm

UBA’s 60th AGM: Elumelu Upholds Commitment to Exceed Growth, Create Shareholders’ Value|Shareholders Laud Dividend, Subsidiaries Performance

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa and beyond continues to yield increasing returns. The Group Chairman, Tony Elumelu, who made this declaration at UBA’s 60th Annual General Meeting, […]

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Eco2

Fitch Affirms Ecobank Nigeria’s Stable Outlook

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch has simultaneously upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga)’. According to Fitch, the IDRs of Ecobank Nigeria are driven by its standalone creditworthiness, as expressed by its Viability Rating (VR) of ‘b-‘, […]

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Uba Yul

UBA Foundation Projects Message of Hope, Encouragement As Uzoka Lights Up Foudaton Garden Ahead of Yulutide

Africa’s global bank, United Bank for Africa, through its UBA Foundation has been spreading joy across Africa for many years as they continue to give back to the underpriviledged in the communities in which they operate. At the UBA Foundation gardens in Lagos where the bank is head quartered, a lights up ceremony was held […]

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Eco2

Ecobank Nigeria to Sustain SMEs Support, Grow Agency Banking Network In 2022

The Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has said the bank will continue to support Small and Medium Enterprises (SMEs), take banking to every Nigerian through its agency banking network. The bank’s digital services will also support industries that focus on exports such as agriculture and manufacturing in 2022. Akinwuntan, who was speaking on […]

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Camcan

ID Africa Collaborates With Capital Market Journalists Body

ID Africa, creative marketing communications, digital media and technology company has been announced as one of the supporters for this year’s annual workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN). CAMCAN is the umbrella body for journalists in the print and electronic media that reports activities within the nation’s capital market, and will […]

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Bankers

UBA Wins ‘African Bank of the Year’, Dominates 2021 Banker Awards, Breaks Awards Record As Best Bank In Nigeria With 12 Africa Subsidiaries Victorious

Africa’s global bank, United Bank for Africa (UBA) Plc yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global finance news publication published by the Financial Times of London. UBA’s solid financial performance, its excellent […]

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Zainab Ahmed2

Finance Minister Defends Nigeria’s Debt Profile, Says Debt to GDP Still Low

The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated that Nigeria’s debt to gross domestic products (GDP) ratio is still low at 33 per cent amidst concerns over heightened increased borrowing. She said this during an interview on Channels televisionrecently where she restated that the federal governments borrowing is accurately planned to […]

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Ecobank Offce

Ecobank Wins Big At Nigeria’s Banks And Other Financial Institutions’ (BAFI) Awards

Ecobank Nigeria was the cynosure of all eyes at the prestigious Banks and Other Financial Institutions’ (BAFI) Awards 2021 held in Lagos at the weekend. At the keenly contested awards, Ecobank Nigeria emerged winner of the “Market Confidence and Capital Structure Transaction of the Year” via its Unsecured $300 Million Bond, a fixed-rate 5-year US […]

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Tef2

Tony Elumelu Foundation Receives Buhari’s Commendations For Funding of 5000 Young Africans Entrepreneurs

President Muhammadu Buhari lauds Founder of the Tony Elumelu Foundation, Mr Tony O. Elumelu on his remarkable vision in training, mentoring, and funding entrepreneurs from all 54 African countries, describing it as “a truly lasting legacy.” The President says Nigeria remains very proud of Mr. Elumelu, a global icon, whose business and philanthropic interests continue […]

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Elumelu Foundatn

68% Women Emerge Beneficiaries At 2021 Tony Elumelu Foundation For Young African Entrepreneurs

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme. The 2021 beneficiaries were selected from a pool of over 400,000 applications, based on their innovation, performance, and growth potential to create jobs and eradicate poverty on […]

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Heritage3

Heritage Bank, CBN Adopt New Approach To Boost Wheat Production Capacity

In a bid to meet the high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage Bank Plc have adopted a novel but more robust approach to boost local production and reduce dependence on importation. The partnership is basically to consummate Wheat Seed Multiplication Project in Jos as part of […]

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Cbn Building

Other African Countries Understudying e-Naira-CBN

The Central Bank of Nigeria (CBN) has stated that the success and acceptance of the e-Naira has attracted other African countries to understudy the model and basics of the Central Bank Digital Currency (CBDC). Speaking on the sidelines of the CBN special day at the ongoing Lagos International Trade Fair yesterday, Director, Corporate Communications of […]

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