The Central Bank of Nigeria (CBN) on Tuesday. 12th August, 2025, took its currency education campaign to Lagos residents, while appealing to Nigerians to protect and preserve the dignity of the Naira Freedomonline reports that the sensitisation exercise which the apex bank termed: “CBN FAIR”, held at Maryland, a mixed commercial and residential area in […]
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The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has commended the National Agency fof Science and Engineering Infrastructure (NASENI) for promoting affordable and cleaner energy solutions through the establishment of NASENI-Portland CNG Conversion, Training Centre and Refill Station, Kubwa, Abuja The Speaker represented by Hon. Alex Mascot Ikwechegh while commissioning the NASENI-Portland CNG […]
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In a display of compassion and commitment to societal well-being, UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Plc, extended its generosity to the less privileged in Lagos through its charity outreach program. The Foundation visited So-Said Charity Homes Community and SOS Children’s Village, in Lagos, where the elderly, children, […]
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Keynote Address delivered by Tony O. Elumelu, CFR, Group Chair, Heirs Holdings | UBA | Transcorp | Founder, The Tony Elumelu Foundation At the African Caucus Meeting In Bangui,Central African Republic Introduction Your Excellencies, Ministers, Central Bank Governors, esteemed representatives of the IMF & World Bank, Distinguished Guests, Ladies and Gentlemen It […]
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Sponsors of the Women National Basketball League, Zenith Bank Plc, on Tuesday at a reception held at their Abuja head office in Maitama, rolled out the drums for the victorious D’Tigress of Nigeria after the team secured a record-breaking 5th back-to-back AfroBasket title. The bank rewarded the team with N200m. Each of the players will […]
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Major financial services institution, Ecobank Transnational Incorporated has announced its unaudited half year (H1) ended June 30, 2025 result and accounts with N620.23billion ($398.5million) profit before tax, a growth of 40 per cent from N443.51 billion ($324.09million) declared in half year (H1) ended June 30, 2024. The pan-African financial institution also declared N433.88 billion ($278.77million) […]
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The National Agency for Science and Engineering Infrastructure (NASENI) and the Bureau of Public Procurement (BPP) on Monday, 28th July 2025, signed a Memorandum of Understanding (MoU) on the implementation of “Nigeria First” Policy on Procurement, projects and other related matters. The Nigeria First Policy is an initiative of the Federal Government, aimed at promoting […]
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Transnational Corporation Plc (“Transcorp Group” or the “Company”), (NGX: TRANSCORP), Nigeria’s leading listed conglomerate, has announced its H1 unaudited results, showing impressive year-on-year growth, for the period ended June 30, 2025. Transcorp Group’s H1 2025 revenue grew by 59% from N175.4 billion in 2024 to N279.7 billion, while profit before tax grew by 21%, to […]
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Minister of Housing and Urban Development, Ahmed Musa Dangiwa, has lauded the Dangote Cement Plc for its contributions to the development of the Nigerian economy, urging the company to join hand with the government in bridging the housing gap in the country. Speaking during a tour of the company’s exhibition stand at the ongoing Africa […]
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United Bank for Africa (UBA) Plc has rejected the reported sale of its 60 per cent stake in the Ibadan Electricity Distribution Company (IBEDC) for N100 billion by the Asset Management Corporation of Nigeria (AMCON), describing the transaction as unlawful, opaque, and carried out without its consent or due process. Speaking during a media […]
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Nigeria’s major financial service institution, Zenith Bank Plc has maintained its position as the number one bank in Nigeria by Tier-1 capital rating for the 16th consecutive year. The bank clinched the position in the 2025 Top 1,000 World Banks Rankings published by The Banker, a publication of the Financial Times Group, United Kingdom. […]
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The Presidential Compressed Natural Gas Initiative (PCNGI) has welcomed the Dangote Refinery’s fuel distribution plan that will see it deploying 4,000 Compressed Natural Gas (CNG) trucks across Nigeria. Speaking to newsmen on the sideline of the just concluded West Africa Economic Summit (WAES) in Abuja, Commercial Coordinator, Tosin Coker, said: “This is a landmark development, […]
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