NewsLead Nigeria, No 4, Ayo lemose Street, Afobaje Bustop, Abeokuta (2024)

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No 4, Ayo Lemose Street, Afobaje Bustop

28/04/2023

Shareholders of United Bank for Africa (UBA) Plc have approved the Board’s proposal to pay a dividend of N1.10 per share for the financial year ended December 31, 2022. The shareholders gave their approval at the bank’s 61st Annual General Meeting (AGM) which was held virtually on Thursday, April 27th. Pix of 61st Annual General Meeting of UBA 1: l-r: Deputy Managing Director, Mr....

Shareholders of United Bank for Africa (UBA) Plc have approved the Board’s proposal to pay a dividend of N1.10 per share for the financial year ended December 31, 2022. The shareholders gave their approval at the bank’s 61st Annual General Meeting (AGM) which was held virtually on Thursday, A...

25/03/2023

President Muhammadu Buhari was joined by his colleagues across the world yesterday in commending impact of foremost entrepreneur and Chairman of United Bank for Africa Plc, Tony Elumelu, on the African economy, as the icon marked 60th birthday. Among those who sent goodwill messages to Elumelu, the promoter of Africapitalism, were Nigeria’s President-elect, Bola Tinubu; French President, Emmanuel Macron; Nana Akufo-Addo of Ghana; Namibia’s Hage Geingob; President of the Democratic Republic of Congo, Felix-Antoine Tshilombo and his Liberian counterpart, George Weah....

President Muhammadu Buhari was joined by his colleagues across the world yesterday in commending impact of foremost entrepreneur and Chairman of United Bank for Africa Plc, Tony Elumelu, on the African economy, as the icon marked 60th birthday. Among those who sent goodwill messages to Elumelu, the....

30/01/2023

Announces Six other Executive Appointments Samuel Oni Retires from the Group Board Lagos/// January 30, 2023 The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria. ...

Announces Six other Executive Appointments Samuel Oni Retires from the Group Board Lagos/// January 30, 2023 The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa. Bawuah...

26/11/2022

Parthian Partners Limited, Nigeria’s first interdealer broker and founder of i-invest, the first fixed income investment app in Nigeria, has won the BusinessDay Banks and Financial Institutions (BAFI) Awards for the ‘Interdealer Broker of the Year 2022’ in recognition of its impact and contribution to the overall growth and stability of the fixed income market, its financial performance - credit rating affirmed Bbb+, as well as its innovativeness and growth across different product lines....

Parthian Partners Limited, Nigeria’s first interdealer broker and founder of i-invest, the first fixed income investment app in Nigeria, has won the BusinessDay Banks and Financial Institutions (BAFI) Awards for the ‘Interdealer Broker of the Year 2022’ in recognition of its impact and contrib...

08/11/2022

Africa’s global bank, United Bank for Africa (UBA) Plc has reiterated the importance it places on supporting the growth of Small and Medium Scale Businesses as the bank will once again be the headline sponsor of the 2022 edition of the Lagos International Trade Fair(LITF). UBA has since 2019 been the headline sponsor for this all-important event, and this year’s edition which is the 36th edition, scheduled to hold at the Tafawa Balewa Square, Lagos, between November 4th and 13th, 2022, will also be headlined by the bank. ...

Africa’s global bank, United Bank for Africa (UBA) Plc has reiterated the importance it places on supporting the growth of Small and Medium Scale Businesses as the bank will once again be the headline sponsor of the 2022 edition of the Lagos International Trade Fair(LITF). UBA has since 2019 been ...

24/10/2022

Africa’s Global Bank, United Bank for Africa (UBA) Plc has said that its diversified business model in key international markets on the continent and around the world, continues to act as a hedge and to position the Group to better mitigate business risks arising from the financial, economic and political environment. UBA Group Managing Director/Chief Executive Officer, Oliver Alawuba, who stated this, pointed out that due to its wide reach and network, the banking group is strengthened and largely insulated from internal and external challenges that have become commonplace amongst financial institutions on the continent....

Africa’s Global Bank, United Bank for Africa (UBA) Plc has said that its diversified business model in key international markets on the continent and around the world, continues to act as a hedge and to position the Group to better mitigate business risks arising from the financial, economic and p...

22/09/2022

NOVA Merchant Bank, a leading merchant bank in Nigeria, is set to sponsor the 25th Nigeria Cup Golf Tournament which will hold between September 24, 2022 and October 1, 2022, at the Ikoyi Golf Club, Lagos. The Nigeria Cup is one of the most prestigious golf tournaments in in the country and is organised annually by the Ikoyi Golf Community, Nigeria Association (IGCNA)....

NOVA Merchant Bank, a leading merchant bank in Nigeria, is set to sponsor the 25th Nigeria Cup Golf Tournament which will hold between September 24, 2022 and October 1, 2022, at the Ikoyi Golf Club, Lagos. The Nigeria Cup is one of the most prestigious golf tournaments in in the country and is organ...

15/09/2022

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent investment in strengthening its digital channels have been paying off as UBA is well-positioned to meet the growing demand of its customers across Africa and beyond. Alawuba said this during the visit of the bank’s new Executives to the Nigerian Exchange Limited’s Head Office in Lagos on Wednesday....

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent investment in strengthening its digital channels have been paying off as UBA is well-positioned to meet the growing demand of its customers across Africa and b...

15/09/2022

Parthian Partners has partnered with Junior Achievement Nigeria to hold the 2022 Venture in Management Program (ViMP) in collaboration with Lagos Business School as part of its corporate social responsibility commitment to help reduce youth unemployment through human capital and talent development. The 2022 edition of ViMP, which kicked off on August 22, was a week-long programme designed to prepare and equip 100 rigorously selected members of the National Youth Service Corps with skills that will enable them to thrive in a global economy while transforming them into conscientious global citizens....

Parthian Partners has partnered with Junior Achievement Nigeria to hold the 2022 Venture in Management Program (ViMP) in collaboration with Lagos Business School as part of its corporate social responsibility commitment to help reduce youth unemployment through human capital and talent development.....

06/09/2022

022, Set to Receive Digital Applications; Prize Money up 40% UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the commencement of the 2022 edition of its National Essay Competition (NEC) in Nigeria with a call for entries. The annual National Essay Competition (NEC) is part of UBA Foundation’s education initiative which is aimed at promoting literacy and encouraging healthy and intellectual competition amongst senior secondary school students in Nigeria and across the African continent....

022, Set to Receive Digital Applications; Prize Money up 40% UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the commencement of the 2022 edition of its National Essay Competition (NEC) in Nigeria with a call for entries. The annual Nati...

06/09/2022

App Set to simplify Recruitment Process 56Bridge, the Innovative App created by BridgeGap Consults Limited is now live to aid seamless connection between employers and employees. Specifically, the app helps recruiters to attract and hire top talents from any part of the world, while facilitating job seekers to apply for jobs, write tests and attend interviews from the comfort of their homes....

App Set to simplify Recruitment Process 56Bridge, the Innovative App created by BridgeGap Consults Limited is now live to aid seamless connection between employers and employees. Specifically, the app helps recruiters to attract and hire top talents from any part of the world, while facilitating job...

17/08/2022

Africa’s Global Bank, the United Bank for Africa has just launched a modern and future-forward Experience Centre in Abuja, Nigeria. The new UBA Experience Centre, which was commissioned on Sunday August 14, 2022, is situated at the Transcorp Hilton Hotel Abuja, and is a one-stop-shop which will provide guests and visitors with a first-class experience of the banks’ offerings across various channels and touchpoints....

Africa’s Global Bank, the United Bank for Africa has just launched a modern and future-forward Experience Centre in Abuja, Nigeria. The new UBA Experience Centre, which was commissioned on Sunday August 14, 2022, is situated at the Transcorp Hilton Hotel Abuja, and is a one-stop-shop which will pr...

17/08/2022

It is not contestable that emerging markets like Nigeria have a lot to achieve by helping individuals and businesses, take root and thrive. This is because the country can only develop better and survive economically under a thriving SME culture as well as an economy where the purchasing power of its citizens are enhanced through well-structured bank lending as report have it that SMEs account for over 80 per cent of enterprises in the world and are responsible for 50 to 60 per cent of employment....

It is not contestable that emerging markets like Nigeria have a lot to achieve by helping individuals and businesses, take root and thrive. This is because the country can only develop better and survive economically under a thriving SME culture as well as an economy where the purchasing power of it...

12/08/2022

Nigeria’s financial technology (Fintech) industry has experienced exponential growth in recent years, as more people pivot from traditional banking systems to digital services. The sector which has greatly improved the country’s financial inclusion indices has also generated a lot of interest from financial and market regulators, who are now evaluating existing rules and enacting new ones to accommodate the growing opportunities and threats associated with the fintech sector....

Nigeria’s financial technology (Fintech) industry has experienced exponential growth in recent years, as more people pivot from traditional banking systems to digital services. The sector which has greatly improved the country’s financial inclusion indices has also generated a lot of interest fr...

02/08/2022

United Bank for Africa Plc, Africa’s global bank, today announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates. Oliver Alawuba joined UBA in 1997 and has held a series of senior positions, including as the CEO of UBA Ghana, the CEO of UBA, Africa and most recently, as Group Deputy Managing Director....

United Bank for Africa Plc, Africa’s global bank, today announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and th...

31/07/2022

HIGHLIGHTS PBT grew Significantly by 85% Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with investments in Hospitality, Power, and Oil & Gas sectors, has released its half-year results for the year ended June 30th, 2022, showing an improved performance across all its major investment lines....

HIGHLIGHTS PBT grew Significantly by 85% Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with inve...

18/07/2022

The United Bank for Africa (UBA), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20 African countries, the United Kingdom, the United States of America and France. The bank has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC)....

The United Bank for Africa (UBA), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20 African countries, the United Kingdom, the United States of America and France. The bank has extended its operations to the United Arab Emirates with the official ...

05/07/2022

Winners Emerge In UBA Bumper Savings Promo Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again rewarded several of its loyal customers in its monthly Bumper Savings Promo. This is in line with the bank's unwavering commitment towards prioritising its customers’ financial well-being and boosting savings culture in Nigeria. Since the bank commenced the draws, over 500 winners have emerged from the initiative that continues to reward loyalty while encouraging customers to cultivate healthy saving habits that helps them stay afloat especially during very challenging times....

Winners Emerge In UBA Bumper Savings Promo Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again rewarded several of its loyal customers in its monthly Bumper Savings Promo. This is in line with the bank’s unwavering commitment towards prioritising its customers’ financial well-bei...

18/06/2022

...Donates Books, Reading Sessions Across Africa . In commemoration of the 2022 International Day of the African Child, the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Group, on Thursday, joined the rest of the world to celebrate African children by holding reading sessions for school children across the African continent and donating thousands of books in a special ‘Read Africa’ initiative....

…Donates Books, Reading Sessions Across Africa . In commemoration of the 2022 International Day of the African Child, the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Group, on Thursday, joined the rest of the world to celebrate African children by ho...

11/06/2022

NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday, 23 June 2022 at the Oriental Hotel in Lagos. The meeting which is themed “The Future of Internal Audit in an Increasingly Digital World”, will bring together Auditors and other stakeholders in the banking industry including the Law Enforcement Agencies to deepen discussions on the need to create more innovative processes and formulate automation for Internal Auditors to succeed in the ever-evolving technology landscape....

NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday, 23 June 2022 at the Oriental Hotel in Lagos. The meeting which is themed “The Future of Internal Audit in an Incre...

29/05/2022

Customers nowadays would rather order food and other items from an app and have them delivered, than walk into a neighbouring restaurant or store. The concept of on-demand delivery service has redefined comfort, efficiency, and convenience for users across every consumer service, product category or just anything. A global technology company Keyla Technologies has recently launched its on-demand delivery platform in Nigeria!...

Customers nowadays would rather order food and other items from an app and have them delivered, than walk into a neighbouring restaurant or store. The concept of on-demand delivery service has redefined comfort, efficiency, and convenience for users across every consumer service, product category or...

29/05/2022

Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members of the press as well as representatives of the National Lottery Regulatory Commission (NLRC) and the Consumer Protection Council (CPC)....

Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by memb...

27/05/2022

New Set of UBA Customers to become Millionaires in Super Savers Promo Africa’s Global Bank, the United Bank for Africa (UBA) Plc, is set to reward several of its loyal customers in its upcoming Super Savers Draw which will be held on Friday, May 27th at the UBA Head Office, Marina, Lagos. The UBA Super Savers Draw is a promo organised by the Bank through a series of transparent draws which will see hundreds of its Savings Account holders, rewarded with huge prizes after a transparent draw....

New Set of UBA Customers to become Millionaires in Super Savers Promo Africa’s Global Bank, the United Bank for Africa (UBA) Plc, is set to reward several of its loyal customers in its upcoming Super Savers Draw which will be held on Friday, May 27th at the UBA Head Office, Marina, Lagos. The UBA ...

24/05/2022

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversations was established in May 2019 as a hallmark initiative in a series of celebrations for Africa Day....

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversation...

23/05/2022

Doubles gas production capacity of OML 17 while upholding ESG commitments Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment is the elimination of routine flaring from HHOGs OML 17 by 2025, in compliance with the Nigerian Government’s routine Flare Reduction/Elimination goal and global greenhouse gas reduction initiatives....

Doubles gas production capacity of OML 17 while upholding ESG commitments Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniv...

17/05/2022

Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. The award ceremony which took place on Monday, May 9 2022 in London was a gathering of senior industry leaders across various sectors to celebrate excellence....

Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. The award ceremony which took place on Monday, May 9 2022 i...

17/05/2022

Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo - UBA's AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions - was first introduced in January, 2018. It has since evolved to become a custom-fitted, personalised virtual banker to several UBA Customers across its 20 African countries....

Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out ...

10/05/2022

…Hospitality giant reports revenue of N7bn and gross profit of N5.1bn Transcorp Hotels Plc, Nigeria's top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion in the same period in 2021. The hospitality company which owns the iconic Transcorp Hilton Abuja, Transcorp Hotels Calabar and online booking platform aura by Transcorp Hotels, also recorded more than 600% growth in profit before tax (PBT) to N1.067 billion from a loss of N203.7 million in the same period last year....

…Hospitality giant reports revenue of N7bn and gross profit of N5.1bn Transcorp Hotels Plc, Nigeria’s top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion fro...

04/05/2022

Four months after the maiden edition of its free investment clinic tagged ‘Bears & Bulls Series,’ Parthian Securities held another insightful session on the 28th of April, 2022, with the theme: “Equities, Bonds & Bills: Q1 review and H1 expectations.” The session reviewed market performance in the fixed income and equities market for first quarter of 2022 in line with projections made by the research team during the maiden edition and also discussed the outlook for the first half of 2022....

Four months after the maiden edition of its free investment clinic tagged ‘Bears & Bulls Series,’ Parthian Securities held another insightful session on the 28th of April, 2022, with the theme: “Equities, Bonds & Bills: Q1 review and H1 expectations.” The session reviewed market performance ...

03/05/2022

The National Association of Nigerian Students (NANS) yesterday declared that no political party will hold a convention to select any presidential candidate in Abuja as long as the strike by the Academic Staff Union of Universities (ASUU) persists. The students’ body urged the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) to forget any political gathering in Abuja except there is a solution to the lingering ASUU strike....

The National Association of Nigerian Students (NANS) yesterday declared that no political party will hold a convention to select any presidential candidate in Abuja as long as the strike by the Academic Staff Union of Universities (ASUU) persists. The students’ body urged the All Progressives Cong...

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