Overshadowed by international crises, the International Monetary Fund (IMF) and the World Bank annual meeting is due to start on Monday in the U.S. capital, Washington. The meeting is to bring together finance ministers, representatives from the financial sector and development cooperation, as well as central bankers. The discussions, set to run until Sunday, are […]
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Africa’s global bank, the United Bank for Africa (UBA) Plc has announced strong growth across all key financial indicators in its unaudited Q3 2024 results, continuing the impressive performance it posted in the first half of the year. Gross earnings for the third quarter ended September 30, 2024, rose significantly by 83.2% to N2.398 trillion, […]
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*Goodwill Message Delivered by Tony O. Elumelu, CFR, Chairman: Heirs Holdings Group, UBA Group, Transcorp Group at the 3rd Anniversary of Nigerian Upstream Petroleum Regulatory Commission (NUPRC). *Theme: Transformation, Innovation & Excellence. Transcorp Hilton, Abuja. Introduction Good morning, distinguished guests and fellow stakeholders in Nigeria’s – and Africa’s energy future. It is my […]
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FBN Holdings Plc has named Mr Adebowale Oyedeji as its new Group Managing Director (GMD), effective November 13. Mr Adewale Arogundade, Company Secretary of the Holdings, confirmed this in a notification sent to the Nigerian Exchange Ltd. (NGX) on Friday in Lagos Arogundade said that the appointment was subject to the approval of the Central […]
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NOVA Bank has reaffirmed its commitment to the well-being and interests of high-net- worth individuals by sponsoring the 27th Nigeria Cup Golf Tournament. Hosted at the prestigious Ikoyi Golf Club 1938, the annual tournament for 2024 took place from, September 21st, to Saturday, September 28th, 2024. The Nigeria Cup Golf Tournament, organized by the Ikoyi […]
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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 […]
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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 […]
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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 […]
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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 […]
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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, […]
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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, […]
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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 […]
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