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Half Year: UBA Grows Earnings by 40% to N1.37 tri, Declares Interim Dividend of N2.00 Per Share,Total Assets up by 37.2% to N28.3tri, Customer Deposits hits N23.2 trillion, 34% Rise, Makes N401.6bn Profit

by Olusegun Edwards
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Africa’s Global Bank, United Bank for Africa (UBA) Plc released its audited financial results for the half year ended June 30, 2024, reflecting impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange Limited (NGX) on Monday, showed that the bank recorded double-digit growth in its gross earnings and […]

Dabgote Feeds Vulnerable Communities, Empowers Children, Widows, Says Cement Coy Committed to Carbon Emission Reduction for Business Optimisation

by Olusegun Edwards
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As part of activities marking the 2024 Global Sustainability Week, leading Cement manufacturer, Dangote Cement Plc has reached out to vulnerable and deprived communities across its business operations with food items and unveiled skills acquisition and educational empowerment initiatives. This is just as the President/Chief Executive of Dangote Group, Aliko Dangote assured all stakeholders that […]

With Refinery Aliko Dangote Emerges 65th Richest Person in the World with $28bn, Five More Africans Made Latest Billionaires List

by Olusegun Edwards
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President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the Nigerian currency against the dollar. Bloomberg, in its latest top 500 Billionaires Index released on Thursday, revealed that Dangote with a wealth of $28 billion had his wealth increased […]

NASENI Kicks-off Virtual ASPEN Plus Training Across Development Institutes

by Olusegun Edwards
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The National Agency for Science and Engineering Infrastructure (NASENI) has launched a week-long intensive training on ASPEN Plus, a process simulation software, at the agency’s Virtual Manufacturing Lab at its headquarters in Abuja. The hybrid training which was held across NASENI’s Development Institutes, marks a significant step forward in NASENI’s commitment to advancing technical capacity […]

NASENI Awards N70.5 Million Grant to Six Female Engineers Under Delt-Her Initiative

by Olusegun Edwards
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The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners of the Developing Engineering Leaders Through Her (DELT-Her), via call for proposal, a project under Delta-2 programme of the Agency. NASENI had on March 8, […]

UBA Foundation announces 2024 National Essay Competition, Raises Grant Prize By Double

by Olusegun Edwards
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UBA Foundation, the Corporate Social Responsibility (CSR) arm of the United Bank for Africa (UBA) Plc, has launched the 2024 edition of its prestigious National Essay Competition (NEC), unveiling a significant 100% increase in the educational grants for top winners. Now in its 14th year, the NEC is an initiative designed to foster literacy, […]

United Capital Plc unveils Ucee MFB

by Olusegun Edwards
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The United Capital Plc, a subsidiary of one of Africa’s leading investment bank and financial services group, United Bank for Africa Plc, has launched a new subsidiary – Ucee Microfinance bank. The Chairman of Heirs Holdings, Tony Elumelu, performed the ceremonial tape cutting at the official launch of the Ucee MFB in Lagos. Elumelu was […]

Umeoji, Zenith Bank GMD: How We Grew From 5m to 33m Customers In 5 Years

by Olusegun Edwards
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Dame Adaora Umeoji, the Group Managing Director and Chief Executive Officer of Zenith Bank Plc, has shed light on how the financial giant expanded its customer base from 5 million to 33 million in just five years. Speaking at the “Facts Behind the Offer” event at the Nigerian Stock Exchange (NGX) in Lagos, she highlighted […]

Engineers Hail Dangote Petroleum Refinery As Huge Contribution To Nigeria’s Economy; As PMS Rollout Draws Near

by Olusegun Edwards
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The League of engineering bodies in Nigeria have hailed the huge scale of engineering structures at the Dangote Petroleum Refinery and Petrochemicals and Dangote Fertiliser Plant at Ibeju-Lekki, Lagos State, describing the superstructure at the complex as awesome and mind-blowing; even as the company prepares for the rollout of its premium motor spirit (PMS) product, […]

Dangote Commends NUPRC for Publishing Domestic Crude Supply Obligation Guidelines Insists IOCs Frustrating Its Crude Supply

by Olusegun Edwards
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The Management of Dangote Industries Limited (DIL) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in the oil company’s crude supply requests from International Oil Companies (IOCs), and for publishing the Domestic Crude Supply Obligation (DCSO) guidelines to enshrine transparency in the oil industry. Vice President, of Oil & Gas, […]

UBA Customers To Cart Home Over N200m As Legacy Promo Commences

by Olusegun Edwards
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In line with its legacy customer loyalty reward over the years, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to launch the “UBA Legacy Promo” as part of activities to mark its 75th year anniversary. This epoch campaign has been specially designed by the bank to celebrate UBA’s rich legacy spanning over […]

Umeoji Zenith Bank’s GMD Highlights Robust Financial Metrics: Says Bank Is Poised To Cross The N1trn Mark Profit In 2024.

by Olusegun Edwards
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Zenith Bank Plc, Nigeria’s leading financial institution, has disclosed to the Capital market community and the Nigerian investing public its inherent values as it embarks on the Central Bank of Nigeria (CBN) new recapitalisation exercise for the banking industry. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, […]

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Dangote Commends NUPRC for Publishing Domestic Crude Supply Obligation Guidelines Insists IOCs Frustrating Its Crude Supply

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