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UBA Group Gets Double Honours; Wins CEO, 2019 Bank Of The Year

Photo:  Executive Director, United Bank for Africa (UBA) Plc, Mr. Ayoku Liadi, representing GMD/CEO, UBA Plc, Mr. Kennedy Uzoka, receiving awards of ‘Banker of the Year’ won by Uzoka and the ‘Bank of the Year’ won by UBA Plc from Chairman and Guest Speaker, Professor Anya O, Anya and Chairman, Public Policy Forum, Professor, George […]

“Dana Air Flew 2.7 Million Passengers In 11 Years”

(AFRICAN EXAMINER) – Dana Air, on Tuesday, said it had flown 2.7 million passengers in its 11 years of operation in Nigeria. The airline’s Chief Operating Officer, Mr Obi Mbanuzuo, made the disclosure in a statement issued in Lagos to commemorate the 11th anniversary of the airline. Mbanuzuo said that the airline celebrated the anniversary […]

Fidelity Bank Celebrates 2019 Compliances And Ethics Week

(AFRICAN EXAMINER) – As part of sustained efforts to promote ethical values and professionalism within the bank, Fidelity Bank Plc, weekend disclosed plans to participate in this year edition of the Corporate Compliance and Ethics Week. Commencing on November 3 and running up until Friday, November 08, the bank has organised series engagement initiatives that […]

Transcorp Records N6.7bn Profit After Tax In Q3; Maintains A Positive Revenue Outlook

(AFRICAN EXAMINER) – Transnational Corporation of Nigeria Plc (“Transcorp”) today announced its financial results for the third quarter ended 30 September 2019. Highlights of the result show the Group recorded a Gross revenue of N58.28bn and posted a Profit Before Tax (PBT) of N7.36bn for the period under review. Total Assets increased from N297.14bn as of […]

Zenith Bank Reaffirms Market Dominance With Impressive  Q3 2019 Results

(AFRICAN EXAMINER) –  Zenith Bank Plc has announced its unaudited results for the period ended 30 September, 2019, with numbers that clearly demonstrates its market dominance and leadership. From the unaudited account which was presented to the Nigerian Stock Exchange (NSE), gross earnings increased by 4% percent from N474,607 billion recorded in Q3 2018 to N491,268 […]

German Court Bans Uber’s Main Service

(AFRICAN EXAMINER) – The internet-based transport company Uber may no longer use its app to connect customers with rental car drivers in Germany, according to a court order. The service UberX violates the passenger transport law, the regional court of Cologne ruled after a Cologne taxi operator had sued the company, demanding an injunction be […]

Q3 2019: UBA Grows Net Profit By 32.3%, As Gross Earnings Hit N428.22 Billion

(AFRICAN EXAMINER) – United Bank for Africa Plc, the pan African financial institution with a network that spans 20 African countries, the United Kingdom, the USA and with presence in Paris, has announced impressive performance in its unaudited 2019 Third Quarter Financial Results, with significant growth in Gross Earnings, which rose to N428.22 billion, representing […]

Access Bank’s W Initiative Announces Plans for Health Month

Photo caption: L-R: Njideka Esomeju, Regional Sales Director, Lagos 1, Access bank Plc; Aituaje Iruobe (aka Waje ) Music Artist; Ayona Trimnell, Coordinator,  ‘W’ Initiative, Access Bank Plc; and Ada Udechukwu, Head, Women Banking, Access Bank PLC …Targets 2 Million Women, Families (AFRICAN EXAMINER) – The W Initiative, a flagship women empowerment programme from Access Bank […]

Nigeria’s Debts Hit N25.7trn, Says DMO

(AFRICAN EXAMINER) – The Debt Management Office (DMO), says as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally. The DMO said this in its ‘Total Public Debt Portfolio’ obtained from its website on Wednesday in Abuja. The present figure shows an increase in debt stock of N1.32 trillion. The DMO […]

CBN Farmers’ Anchor Borrowers Programme: NISRAL Leaps to New Heights, Creates 1.2m Indirect Jobs

Photo: CBN Governor, Godwin Emefiele (AFRICAN EXAMINER) – The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has recorded some giant strides in creating more than 1.25 million indirect jobs in the nation’s agribusiness. Also, 250,000 direct jobs for farmers have been created through the NIRSAL window of the Central Bank of Nigeria’s Anchor Borrowers’ […]

Transcorp Hotels Fulfill Post-Privatisation Obligations

(AFRICAN EXAMINER) – The National Council on Privatisation (NCP) has presented Transcorp Hotels Plc with a Certificate of Discharge, indicating the company has fulfilled all privatisation conditions attached to the sale of the hotel and will no longer be subject to any post-privatisation monitoring. At a ceremony that took place at the Presidential Villa, the Vice […]

Transparency: NNPC to Commence Publishing Details of Petroleum Products Supplies

(AFRICAN EXAMINER) – In line with the Mallam Mele Kyari-led management’s drive to conduct the business of the Nigerian National Petroleum Corporation (NNPC) in a transparent manner, the corporation is set to commence the publication of details of its petroleum products supplies. As release by NNPC Acting Group General Manager, Group Public Affairs Division, Mr. […]

First Bank Partners NESG, Host 25th Nigerian Economic Summit

(AFRICAN EXAMINER) – As part of its continued commitment to create an enabling environment and opportunities for the promotion of sustainable growth and development of the Nigerian economy, First Bank of Nigeria Limited has partnered with The Nigerian Economic Summit Group (NESG) to host the 25th Nigerian Economic Summit (NES#25), its annual flagship event. The Silver Jubilee […]

UBA Celebrates Staff, Customers at Customer Service Week

(AFRICAN EXAMINER) – Pan African Financial services institution, United Bank for Africa is joining the rest of the world to celebrate the 2019 Customer Service Week, themed, “Magic Happens Here”, with recognitions for staff who have excelled in excellent service delivery. The event which is commemorated all over the world, recognises the importance of customer […]

Transcorp Hotels PLC Retains Positive A- (NG) GCR Rating

 (AFRICAN EXAMINER) – Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owner of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, has retained its national scale ratings at A-(NG) and A2(NG) in the long term and short term respectively, with the outlook accorded as Stable. Concurrently, the national […]

First Bank Targets 500,000 Agents To Boost Financial Inclusion

 (AFRICAN EXAMINER) – With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform.  This was disclosed at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) […]

Setraco Crisis: Lebanese Partner’s Questionable Financial Dealings, Moves To Freeze Company’s Bank Accounts Exposed 

(AFRICAN EXAMINER) – Shocking details of the questionable financial dealings by the Lebanese partner of Setraco Nigeria Limited (SNL), Engineer Said Fayez Khalaf, which were allegedly calculated to shortchange his Nigerian partner, the late Alhaji Inu Umoru, have emerged. They form the grounds of the suit instituted by the family of the late construction mogul […]

Lebanese Partner Allegedly Plots To Take Over Setraco Nigeria Limited

(AFRICAN EXAMINER) – About four decades of systematic plot by a Lebanese partner, Engineer Said Fayez Khalaf, to assume the status of a majority shareholder in Setraco Nigeria Limited with a view to eventually taking over the company from his Nigerian partner, the late Alhaji Inu Umoru, has sparked off crisis in the top management […]

UBA Now Available On Apple Business Chat

Photo: L-R: Group Managing Director/CEO, UBA,  Mr. Kennedy Uzoka; Group Head, Marketing, UBA, Mrs Dupe Olusola; Group Head, Online Banking, UBA, Mr Austine Abolusoro, during the launch of LEO on Apple Business Chat. ————–  (AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc, has announced that the services of its Chatbot, Leo is now available […]

Jim Ovia, Zenith Bank Chairman Withdraws From World Economic Forum In South Africa

(AFRICAN EXAMINER) – The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia has withdrawn from further activities at the World Economic Forum Africa 2019, taking place in Cape Town, South Africa. A statement from Zenith Bank said that the decision follows the sensitivity of the issues surrounding the lives and well-being of Nigerian citizens living […]

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