Nigeria Economy

Ucee

United Capital Plc unveils Ucee MFB

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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Adaora

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

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 […]

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Cos Visit 3

Gbajabiamila Commends NASENI’s Technological Advancements, Product Innovations

The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, CFR, has commended the National Agency for Science and Engineering Infrastructure (NASENI) for its technological advancements, product innovations and interventions in various sectors of the economy. The Chief Staff stated this during a familiarisation visit to the Agency on Thursday August 22, […]

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Dangote Refinery

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

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, […]

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Dangote Refinery

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

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, […]

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Legacy

UBA Customers To Cart Home Over N200m As Legacy Promo Commences

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 […]

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Adaora

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

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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United Cap

United Capital Asset Unveiles ‘Stable Income Fund’ for High-Value Investors

United Capital Asset Management has launched the United Capital Stable Income Fund, a new mutual fund designed for high-value investors seeking stable returns with low risk. The fund invests in a diversified portfolio of money market and fixed-income securities, aiming to provide stable returns over a medium to long-term period while preserving capital. With a […]

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Alawuba Uba

UBA’s GMD Appointed Chairman, CIBN Body of Banks’ CEOs

The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs. The CIBN announced this appointment on its website on Monday, July 8, 2024. This prestigious appointment underscores Alawuba’s extensive experience and visionary […]

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Info Minister

FG Commends NIPR On Historic Initiatives for Public Relations Practice

The regulatory body of Public Relations practice in Nigeria, the Nigerian Institute of Public Relations (NIPR), has received the  commendation of the federal government for its various initiatives, which has contributed to the overall development of the country in the area of communication and information technology management. The Minister of Information and National Orientation, Mohammed […]

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Maida

Maida Eyes 25% Telecom Contribution To GDP

The executive vice chairman of the Nigerian Communications Commission (NCC) Dr. Aminu Maida, has said, the commission and the ministry of Communications, Innovation, and Digital Economy are working on the appropriate policies to encourage the telecom sector’s contribution to reach 25 per cent. Maida, who disclosed this, over the weekend in Lagos, during a reception […]

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Sanwo

Ssnwo-Olu Condoles With Zulum, Borno Govt Over Bomb Attacks

Lagos State Governor, Mr. Babajide Sanwo-Olu, has sympathised with the Government and people of Borno State, particularly the Governor Babagana Zulum, on the multiple bomb attacks, which resulted in the death of some people, leaving several others injured in the Gwoza Local Government Area of the State. Governor Sanwo-Olu, in a condolence message issued on […]

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