MAN,MOMAN Protest non-inclusion in Nigeria’s Automotive Policy

The leaders of Manifacturers Association of Nigeria(MAN) and Motorcycle Manifacturers Association of Nigeria(MOMAN)has protested the non inclusion of motorcycle manifacturers in our national automotive policy. The two associations made their views known during the first Annual General Meeting of MOMAN held at MAN’s Head office ,ikeja recently.Even as they called on the federal government to […]

UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) has announced the commencement of its chat bank ‘Leo’ on the WhatsApp platform. With Leo on WhatsApp, customers who are users and lovers of the app can now can perform basic banking services including checking their balances on the go, transferring funds, paying bills, among other services. […]

Falz, KCEE, Mayokun, Kaffy, Others, to Thrill Fans at First African Freestyle Football Championship in Lagos

Falz, KCEE, Mayokun, Kaffy, Others, to Thrill Enthusiasts at First African Freestyle Football Championship in Lagos Feet and Tricks International, organisers of the first ever African Football Freestyle Championship in Africa have assured participants, stakeholders and ardent followers of the sport, that the first ever Championship in Africa scheduled to hold on September 13th -15th, […]

EcoBank Nigeria Limited launch ‘Emerald Business Club,’

EcoBank Nigeria Limited has launched its ‘Emerald Business Club,’ an electronic platform aimed at offering convenience, accessible banking services especially to small and medium size enterprises, local corporates and various clients in the commercial sector. The Managing Director, Ecobank Nigeria, Charles Kie, explained that the new product was for its commercial clients as well as […]

UBA Grows Gross Earnings By 16%, Delivers 17% Return on Average Equity

Africa’s leading financial institution, United Bank for Africa Plc has announced its audited 2018 half year financial results, showing strong growth across key performance metrics as well as a significant contribution from its African subsidiaries. Despite declining yield environment in two core markets, Nigeria and Ghana, the pan Africa financial institution delivered double digit growth […]

Nigerian exchanges collaborate for greater global competitiveness

The Nigerian capital market will on today, August 8, 2018 witness the launch of the Association of Securities Exchange of Nigeria (ASEN) at The Nigerian Stock Exchange event centre in Lagos. ASEN, Nigeria’s first association of domestic securities exchanges, is a non-profit industry association established to accelerate the development of domestic securities exchanges and support […]

UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to […]

Fidelity Bank Plc ,WorldRemit Goes into collaboration

Fidelity Bank Plc and WorldRemit has gone into partnership to provide instant money transfers to customers of the bank. According to the bank the new partnership further expands WorldRemit’s footprint in the country and allows the 15 million-Nigerian Diaspora to send money directly from their phones to recipients in Nigeria. According to the statement, the […]

Jim Ovia Writes a Book:‘Africa Rise And Shine: How a Nigerian Entrepreneur from Humble Beginnings Grew a Business to $16 billion”

The Chairman of Zenith Bank Plc, Mr. Jim Ovia, has advised budding entrepreneurs not to be dissuaded by whatever challenges they might be facing presently, just as he narrated how he founded a bank with N20 million in 1990, despite the uncertain business environment during the military era. Speaking in an interview on Bloomberg TV […]

TRANSCORP HOTELS PLC Increase Half Year Profit BY 85%

TRANSCORP HOTELS PLC Increase Half Year 2018 PROFIT BY 85% Transcorp Hotels Plc. has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning Per Share of 17.84 Kobo. Transcorp Hotels […]

Why Shareholders Want AMCON to Close Shop at Ten

Majority of Nigerian bank shareholders has been mouthing complaints and insisting that Asset Management Company(AMCON)which was planned to work for ten years and close shop,should do just that. The problem,however ,is that AMCON managers has over the last couple of months been making moves to elongate its tenure via various options including the National Assembly;claiming […]

Ecobank Nigeria Appoints Akinwuntan MD Designate

The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Patrick Akinwuntan as the Managing Director (MD) designate of the bank. This followed the recent resignation of the MD of the bank, Charles Kie. A statement from the bank stated that the appointment is subject to the approval of the Central Bank […]

DMO Lists N10.69bn FGN Sovereign Green Bond on NSE

The Nigerian Stock Exchange (NSE) has announced the listing of the N10.69billion, 5-year, Federal Government Sovereign Green Bond at coupon rate of 13.48% on theExchnage by Debt Management Office (DMO) on Friday, July 20, 2018. On the same day, the NSE also held a pre-listing conference for market participants, themed, ‘Exploring the Green Financing Opportunity: […]

Elumelu’s N500M Delta State Pledge ups his Planned investment on Nigerian entrepreneurs to N4.4 billion

Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of Delta State. He made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi Okowa. “Your Excellency, on behalf of the Heirs […]