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UBA to Reward Loyal Customers in ‘Refer-a-Friend’ campaign

  May 22, 2018/UBA Plc Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its new diaspora...

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FCMB depositors lose over N600m to fraudulent staff

    -As Police declare bankers wanted The Divisional Police Office, Lion Building, Campbell Street at the Lagos Island has declared eight persons, who were of the banking profession, wanted over...

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eTranzact Makes Significant Management Changes, Appoints Acting Managing...

  May 22, 2018/eTranzact eTranzact International Plc, Africa’s premier e-payments solution provider, on Monday May 21, 2018, announced that it will be making significant changes to the Company’s...

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PenCom Releases Draft Framework for Micro Pension Plan

The National Pension Commission (PenCom), via a public notice issued on Tuesday, 15 May 2018, disseminated a Draft Framework for Micro Pension Plan (the Framework) for stakeholders’ consideration and...

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CIMA TO PARTNER ICAN TO ESTABLISH WORLD CLASS RESEARCH CENTRE IN NIGERIA

President of ICAN, IsmailaZakari (middle) exchanging signed MOU with Regional Vice President of Association of International Certified Professional Accountants Mr. BadibangaBadiPromesse (2nd left)...

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Nigeria: FG saves N200bn from elimination of ghost workers, TSA implementation

The Federal Government said it had saved about N200bn with the elimination of ghost workers and implementation of the Treasury Single Account (TSA). President Muhammadu Buhari disclosed this in Abuja...

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Osinbajo vows to produce killers of Catholic Priests, others in Benue

Prof. Yemi Osinbajo, Nigerian Vice President has promised the people of Benue that the killers of the two catholic priests; Rev Frs. Felix Tyolaha and Joseph Gor and 17 other parishioners killed by...

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NDPHC commissions two injection substations in Lagos

The management Niger Delta Power Holding Company (NDPHC), owners of National Integrated Power Projects (NIPP) has commissioned two injection substations of 30 Mega Volt Ampere (MVA) capacity to boost...

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EKEDC, TCN plead to consumers over power outage in Victoria Island

Transmission Company of Nigeria (TCN) and Eko Electricity Distribution Company (EKEDC) have appealed to consumers in some parts of Victoria Island to bear with them over power outage in the last four...

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Zimbabwe becomes Africa Finance Corporation’s 19th member state

The Republic of Zimbabwe has become the nineteenth (19th) member state of the Africa Finance Corporation (AFC), Africa’s leading infrastructure development finance institution. Referencing...

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AfDB issues EUR 1.25b Social Bond due 24 May 2028

The African Development Bank (AfDB) has confirmed a successful issue of a EUR 1.25 billion 10-year Social Bond transaction on Wednesday, 16th May 2018 According to a statement, the transaction, which...

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MPC retains MPR at 14%, CRR at 22.5%, Liquidity Ratio at 30%

CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 118 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 21ST AND TUESDAY 22ND MAY, 2018 Background The Monetary Policy Committee (MPC) met on the 21st and 22nd of...

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Obasanjo replies Buhari on $16bn power project, says ‘if you can’t read my...

Hours after President Muhammadu Buhari made damning remarks on the mismanagement of $16 billion on power projects by previous administrations, former President Olusegun Obasanjo, on Tuesday, took him...

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MANTIS Startup to Disrupt Online Advertising Industry with Advanced Online...

Mantis-ai.com will launch its Artificial Intelligence (AI) tool for the first time, which will be available for advertisers during the #vivatech conference in Paris, May 2018 at startup booth: D17-001,...

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Arsenal signs shirt-sponsorship deal with Rwanda

Change is afoot at Arsenal Football Club. Arsene Wenger is gone. Long-term defender Per Mertesacker has hung up his boots. Unai Emery has been announced as the new manager and, to top it off, the club...

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NSIA Insurance gets ISO certification

PRESS RELEASE—--NSIA Insurance Limited said it has received the ISO 9001:2015 Certification from the Standards Organisation of Nigeria (SON), the representative of the International Organisation for...

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UBA Foundation Launches “Read Africa” Initiative in Gabon, Mozambique

May 24, 2018/UBA Foundation As part of its mission to improve the lives of the communities in which the United Bank for Africa operates, UBA Foundation continues to encourage African youths to adopt...

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AMCON MD Says Human Capital Development Key To Nigeria’s Economic Growth

  Ahmed Kuru, Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON) May 24, 2018/AMCON Managing Director/Chief Executive Officer of Asset Management Corporation...

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FG makes N50.45bn from May bonds auction

The Federal Government has recorded N50.45 billion from its May bonds auction, lower than the N70 billion it targeted to raise, the Debt Management Office (DMO), has said. According to the auction...

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Canadian Appeal Court affirms dismissal of suit against Chevron subsidiary

The Ontario Court of Appeal has upheld a lower Canadian court’s determination that an Ecuadorian judgment against Chevron Corporation, already found by U.S. courts to have been obtained through fraud...

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