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UBA Launches ‘Click Credit’ To Ease Access to Cash For Customers

(AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank. As a bank backed by a strong retail franchise with over 1,000 business offices serving 19 million customers, UBA […]

Zenith Bank Declares N200bn Profit After Tax

(AFRICAN EXAMINER) – In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of N208.8 billion, achieving the feat as the first Nigerian Bank to cross the N200 billion mark. According to the bank’s audited financial […]

Safety Training: Firm Wants Govt, Oil Companies to Patronise Indigenous Companies

From Ignatius Okpara, Warri (AFRICAN EXAMINER) – Foremost Nigeria’s Safety training centre, Opeans Nigeria Limited (ONL) Warri, Delta state, South- South Nigeria, has urged the federal government and international Oil Servicing companies operating in the country to always patronise indigenous facilities in the sector, saying the company has the capacity to continue providing world-class safety training services for the […]

Transcorp Group Announces Significant New Executive and Non-Executive Board Appointments

Photo: Owen Omogiafo, President, CEO of Transnational Corporation (AFRICAN EXAMINER) – Transnational Corporation of Nigeria Plc (Transcorp) has announced significant appointments to its Board and Executive Management. Transcorp is Nigeria’s leading listed industrial holding company, whose interests include Transcorp Power, Nigeria’s largest power generator, Transcorp Hotels, owner of the iconic Transcorp Hilton, and significant upstream […]

Tony Elumelu Foundation Disburses $5m Partnership Commitment from AfDB

…AfDB Joins TEF Programme Catalysing Entrepreneurship Across Africa (AFRICAN EXAMINER) – Tony O. Elumelu has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. $2.5m was released today, with the remainder […]

UBA Revamps NextGen Account, Partners DRB LasGidi

… Attracts Zero Charge On All Transactions (AFRICAN EXAMINER) – Pan-African financial institution, United Bank for Africa (UBA) Plc, has revamped its NextGen account which targets students in tertiary institutions and members of the National Youth Service Corps (NYSC), with added features and benefits. NextGen is a suit of personal accounts designed to meet the needs of young […]

Female Banker Faces N42m Fraud Charge

 (AFRICAN EXAMINER) – A former banker, Aghata Igwe who allegedly obtained N42 million from a businessman under false pretences, on Monday appeared at an Igbosere Magistrates’ Court in Lagos. Igwe, 42, whose residential address was not given, is standing trial on a three-count charge of conspiracy, fraud and stealing. She however pleaded not guilty to […]

UBA Connect Set to Deepen Intra-African Trade

…AS Customers Can Now Make Cash Withdrawals In Local Currencies (AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, has announced the official  launch of a flagship product UBA Connect, a service that enables the  customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 […]

Tony Elumelu Donates Technology Centre To Alma Mater

(AFRICAN EXAMINER) – Chairman of UBA Group, Tony O. Elumelu, has  made the donation of a multipurpose information technology centre to his alma mater, Ambrose Ali University. Through the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc (UBA), Elumelu has championed the construction of a state-of-the-art multipurpose information technology […]

Tony Elumelu Foundation Opens Application Portal for 2020 Entrepreneurship Programme

Highlights: Sixth Year of Programme and Tenth Anniversary of Foundation see Significant Enhancements to the TEF Entrepreneurship Programme Creating a Personalised Entrepreneurship Journey for Applicants and Greatly Increased Access to Programme and Knowledge Base Applications made through TEFConnect, Africa’s largest digital entrepreneurship network (AFRICAN EXAMINER) – The Tony Elumelu Foundation (TEF) has opened its application […]

FG Exempts Firms With Below N25m Turnover From Paying Tax

(AFRICAN EXAMINER) – The Federal Government (FG) has announced that small businesses with turnover less than N25m will be exempted from paying Companies Income Tax (CIT). Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed while disclosing this Monday explained that the policy would be effective once the Finance Bill 2019, is signed into law. Contrary […]

UBA Recruits 4000 New Staff; Promotes, Increases Salaries By 170%

(AFRICAN EXAMINER) – Over 5,000 staff of the United Bank for Africa (UBA) Plc, started the new year with a lot of cheer as the bank yesterday announced its promotion to new grades as well as salary upgrades with immediate effect this January.  Those who are beneficiaries of this exercise will receive up to 170% […]

Aliko Dangote’s Fortune Increased By $4.3bn In 2019

…Worth $14.8bn, only African on top 100 world richest (AFRICAN EXAMINER) – African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as against his previous ranking of 103rd in the world.  Dangote, who remains the […]

NNPC Posts N13.23billion Trading Surplus in October

… Records 81 Per cent Drop in Pipeline Vandalism  (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.23billion in October 2019, representing an increase of 54 percent vis-à-vis the ₦8.59billion surplus posted in September last year. The NNPC, in a release signed by its Acting Group General Manager, […]

Tony Elumelu Foundation Announces Final Lists of Entrepreneurs for Inaugural TEF-UNDP Programme

(AFRICAN EXAMINER) – The Tony Elumelu Foundation (TEF)—the private-sector-led philanthropy focused on empowering African entrepreneurs—has announced a final list of 2,100 entrepreneurs to benefit from the inaugural TEF-UNDP Entrepreneurship Programme. The Programme targets small business owners in rural communities across the 7 Sahel countries of Africa – Nigeria, Niger, Chad, Mauritania, Burkina Faso, Mali and Cameroon. […]

Firstbank Partners With Africa Fashion Week, Promotes Small Businesses Growth

(AFRICAN EXAMINER) – First Bank of Nigeria Limited sponsored the sixth edition of the Africa Fashion Week, Nigeria which held on Friday and Saturday, 20 – 21 December 2019 at the Lagos Oriental Hotel, Victoria Island, Lagos. The Africa Fashion Week, Nigeria, is a convergence of fashion entrepreneurs and the general public to promote the creativity and […]

Nigeria Studying Adoption Of Eco As ECOWAS Common Currency, Says Finance Minister

(AFRICAN EXAMINER) – The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used as ECOWAS single currency. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,made this known in a statement by Yunusa Abdullahi, her Special Adviser, Media and […]

UBA Staff Give Back During “Each One, Teach One” Initiative

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, on Friday held the 2019 edition of its annual Each One, Teach One initiative, hosting a huge impact day in Nigeria and across all its subsidiaries in Africa. The Each One, Teach One initiative is part of UBA Foundation’s activities […]

NLNG Train 7 Receives Boost with Gas Supply Agreement

…To Generate $9bn for FG, 10,000 Direct Jobs (AFRICAN EXAMINER) – A critical step towards the realization of the Train 7 Project of the Nigeria Liquefied Natural Gas (NLNG) was taken Friday in Abuja with the signing of a Gas Supply Agreement between the company and major gas producers. Speaking on the significance of the […]

Firstbank Announces Appointment Of Yakubu Wanka As Non-Executive Director

 (AFRICAN EXAMINER) –  First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, today announced the appointment of AlhajiAdo Yakubu Wanka as Non-Executive Director.  Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome AlhajiAdo Yakubu Wanka, to the FirstBank Board. We are […]

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