UBA To Raise N239.4bn Through Rights Issue

- Shareholders To Receive One New Share For Five Existing SharesAFRICA’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through...

Elumelu To Co-Chair Africa Summit At 8th Saudi Arabia’s Future Investment Initiative

TONY Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), and the Founder of The Tony Elumelu Foundation (TEF), will co-chair the...

Q3 2024: UBA Grows Net Interest Income By 149%

PBT Up By 20% To N603 BillionRIDING on its recently released half-year financials, the United Bank for Africa (UBA) Plc has announced its...

Transcorp Power Reports Strong Q3 2024 Performance, With 153% Revenue Growth, 198% Increase In...

TRANSCORP Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending...

UBA’s 2024 First-Half Success Our Commitment To Enterprise, Tech Innovation – GMD Alawuba

THE Group Managing Director, United Bank for Africa (UBA) Group, Mr Oliver Alawuba, has announced that commitment to the principles of enterprise, excellence, and...

HALF-YEAR: UBA Grows Earnings By 40% To N1.37trn, Declares Interim Dividend Of N2.00 Per...

Total Assets Up By 37.2% To N28.3 trillion As Customer Deposits Hits N23.2 trillion, Climbs 34% Makes Profit Before Tax Of N401.6bnAFRICA’S Global...

Dangote Partners ACCI, Lifts 2024 Trade Fair

THE Dangote Group is partnering Abuja Chamber of Commerce and Industry (ACCI) to boost trade and investment in the country. Dangote Industries Limited is the...

Heirs Insurance Group Appoints Puri, Iroche As Independent Non-Executive Directors

HEIRS Insurance Group (HIG), Nigeria's fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its...

CBN Approves Merger Of Unity, Providus Banks

THE Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank...

Siemens, PANA Infrastructure Collaborate To Enhance Nigeria’s Power Sector

SIEMENS, A leading global technology company and PANA Infrastructure Have announced their collaboration to tackle Nigeria’s electricity infrastructure sector. The  partnership, according to the ,...

NOVA Bank Commences Operations As A National Commercial Bank

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial...

Heirs Holdings Inaugurates Group Directors’ Annual Summit

HEIRS Holdings (HH), the leading pan-African investment company, convened over 100 board members from across all HH investee companies, at the HH Group Directors’...

A Promise Fulfilled: UBA Shareholders Commend 2023 Superlative Performance, Dividend Payout

UBA Pays Total Dividend Of N95.8bn, Translating To N2.80 Per Share In 2023SHAREHOLDERS of Africa’s Global Bank, United Bank for Africa (UBA) Plc,...

Hassan-Odukale Steps Down As First Bank Chairman, Olufowose Appointed

TUNDE Hassan-Odukale has stepped down as the Chairman of First Bank of Nigeria Limited.Updating the Nigerian Exchange Group of recent development within the bank,...

Transcorp Hotels’ Expansion Plans Boost Investor Confidence, Reports N42bn Revenue In 2023

Shareholders Commend Board, Management As Company Delivers Another Record-Breaking YearTRANSCORP Hotels Plc (“Company”), the hospitality subsidiary of one of Africa’s leading, listed companies,...

Why Transcorp Hotels Will Keep Posting Record-Breaking Earnings – CEO/MD, Dupe Olusola

DUPE Olusola, the Managing Director and Chief Executive Officer of Transccorp Hotels Plc, the listed hospitality brand that posted record-breaking earnings has revealed why...

Dangote Refinery Ramps Up Production With US Crude – Report

THE 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a...

Transcorp Power Grows First Quarter PBT By 775% With Impressive Revenue Growth

TRANSCORP Power Plc has released its first quarter (Q1) 2024 unaudited financial statements for the period ended March 31, 2024 demonstrating impressive financial performance. The...

Full Year 2023: UBA Gross Earnings Rise By 143%, Profit Hits N757.7bn

- Declares N2.30 kobo Final Dividend IN another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial...

Transcorp Power Releases Audited FY2023 Results, Reports N30.23bn Profit, Declares N3.13 Dividend

TRANSCORP Power Plc has announced N30.23 billion profit in audited result and accounts for the full year ended December 31, 2023, a growth of 75 per...

Latest article

Federal Government Takes Full Control Of Keystone Bank, Nok University

KEYSTONE Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will enhance its stability...

Senate Raises The Alarm Over 3,900 Missing Firearms In Police

THE Senate Public Accounts Committee has raised serious concerns over multiple issues related to the Nigeria Police Force, including financial irregularities and missing firearms.During...

Why Tinubu Deserves A Second Term In Office… – Ganduje

THE National Chairman of the ruling All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, insists that President Bola Ahmed Tinubu would serve out his...

Wike Moves Against Almajiris In FCT Again, Sets Up Taskforce Committee

THE Minister of the Federal Capital Territory, Nyesom Wike, has set up another committee to tackle the influx of Almajiri’s in the metropolis.The FCT...

We Won’t Negotiate With Bandits, Zamfara Government Insists

ZAMFARA State Government has ruled out the possibility of negotiating with bandits to restore peace in the North-Western State.The government stated this in a...

MTN Implements 50% Tariff Increase, Raises Data Prices

NIGERIA’s largest telecom operator, MTN, has commenced the gradual implementation of a 50 per cent tariff increase approved by the Nigerian Communications Commission in...

Nigeria Improves Ranking In 2024 Global Corruption Index

NIGERIA on Tuesday recorded an improved ranking in the Corruption Perception Index (CPI), moving from 145th to 140th among 180 countries assessed.Nigeria gained one...

‘Tell Nigerians Your Progress, Policies’, Tinubu Orders Ministers

THE Federal Government has commenced ministerial press briefings as part of efforts to promote transparency and accountability in governance.The Minister of Information and National...

CBN Scraps Free ATM Withdrawals, Introduces New Charges

THE Central Bank of Nigeria has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs.In a circular dated February...

Katsina LG Pays Islamic Scholars N4m Monthly To Pray Against Banditry

MUSAWA Local Government Area of Katsina State has engaged the services of 75 Islamic scholars to seek divine intervention towards ending banditry and related...

Alleged ₦20bn Fraud: Court Grants Ex-AMCON Boss Bail, Convicts Co-Defendant

THE Special Offences Court sitting in Ikeja, Lagos, on Tuesday admitted a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed...

One Woman Sexually Violated, Killed Every 10 Minutes In Nigeria, Report Reveals

A RECENT report by the Salama Sexual Assault Referral Centre (SARC) has revealed that every 10 minutes, a woman is either sexually violated or...

Vice President Shettima Moves To Resolve Hajj 2025 Visa Concerns

VICE President Kashim Shettima has assured Nigerians, particularly the Muslim community, that no intending pilgrim will miss the 2025 Hajj due to visa-related challenges.He...

I’m Ready To Serve Nigeria In Any Capacity, Says AfDB President

THE outgoing President of the African Development Bank (AfDB), Akinwumi Adesina, is ready to serve Nigeria and Africa in any capacity after his tenure...

Varsity Admission: JAMB Sets 320 UTME Benchmark For Under-16 Candidates

THE Joint Admissions and Matriculation Board says candidates under the age of 16 can be considered for admission into tertiary institutions if they demonstrate...

Gunmen Abduct Three Students In Ondo, Demand ₦15m Ransom

THE Ondo State Police Command has confirmed the abduction of three students of the Federal College of Agriculture, Akure while working at a farm...

NBBF Names 24-Man Provisional List For AfroBasket Qualifiers

THE Nigeria Basketball Federation (NBBF) has announced a 24 man D’Tigers’ provisional roster for the crucial final Window 2025 AfroBasket Qualifiers scheduled to hold...

Carlo Ancelotti Defends Real Madrid’s Ballon D’Or Ceremony Snub

REAL Madrid coach Carlo Ancelotti has defended his club's decision to boycott last year's Ballon d'Or ceremony.The Spanish giants stayed away from October's prestigious...

Hamas Suspends Release Of Israeli Captives Over Ceasefire Violations

HAMAS will delay the release of more Israeli captives planned for Saturday “until further notice”, due to Israeli violations of the ceasefire in Gaza,...

Over 600 Arrested For Working Illegally In United Kingdom

UK immigration enforcement teams made over 600 arrests in January, a 73 percent increase on the same period a year ago, as part of...
0FansLike
0FollowersFollow
38FollowersFollow
0SubscribersSubscribe