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Wednesday , 4 May 2016


UBA Counts Blessings, Operates in 18 African countries, Targets 25

Tony Elumelu

The United Bank for Africa plans to extend its presence to six more African countries to bring the number to 25 as part of its continent-wide expansion drive. Apart from Nigeria, the bank presently operates in 18 other African countries and has reported strong growth in the subsidiaries, which now contribute about 25 per cent of the group’s operating revenue. ...

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South African ‘Pick & Pay Set To Rival Shoprite In Nigeria


Pick n Pay, another South African retail mall in the mould of Shoprite, has announced plans to come into the Nigeria market. The company, which posted a 26-percent increase in profit for 2015, said it had examined the opportunity in Nigeria and will be investing in the country. “A key part of the Group’s strategy is to establish a second engine ...

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Abubakar Atiku Absent At Son’s Wedding In Ghana


Atiku Abubakar was conspicously absent when his son, Aminu got married to his Ghanaian bride, Nana Akyaa, in Accra, Ghana on Saturday. It was a classy wedding indeed. Their heartfelt dreams had finally come true; they were bound by swathes of bliss, two simple vows and a grand matchless love – which makes them one of the happiest and power ...

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Zenith Bank Emerges Toast Of Investors At Stock Exchange

New-Zenith-Boss, Peter Olisamedua Amangbo

The Nigerian Stock Exchange on Thursday sustained positive growth with the market capitalisation appreciating further by N43 billion. Zenith Bank was the toast of investors, trading 21.56 million shares worth N259.39 million. It was followed by Guaranty Trust Bank with a total of 21.52 million shares valued at N345.55 million, while FBN Holdings traded 17.07 million shares worth N57.46 million. ...

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Elumelu Honoured With Lifetime Achievement Award In Côte d’Ivoire

Tony awards

The chairman of UBA Group Plc, Tony Elumelu, has been honoured with a Lifetime Achievement Award in Abidjan…. The Ivorian National Council of Employers, General Confederation of Enterprises of Côte d’Ivoire (CGECI) presented African businessman and investor, Tony Elumelu, with its 2016 CGECI Lifetime Achievement Award on April 21, 2016 in Abidjan, Côte d’Ivoire. The formal presentation was at the 5th ...

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Clarion Chukwura Relocates To US,..after 3rd Wedding Vow


Nollywood actress Clarion Chukwura has finally shared photos from her secret  wedding to her American husband Anthony Boyd. The 51-year- old actress shared these photos of her private ceremony to Anthony on Instagram….. Clarion has also allegedly relocated to the US and will be visiting Nigeria as often as is needed.

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The Rise And Rise Of Dangote In Africa Cement Production

dangote cement

Dangote Cement Plc invested over $5bn to build 44 million tonnes per annum cement factories in eight African countries in 2015, the firm said in its 2015 annual report. These countries are: Nigeria, Cameroon, Ethiopia, Senegal, South Africa, Tanzania, Zambia and Ghana. The Chairman, Dangote Cement, Aliko Dangote, was quoted in the report as saying that the business model of ...

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Sterling Bank Emerges Top at Risk Management Award *Holds 54th AGM


In recognition of its excellent risk management practices, Sterling Bank was conferred with the award for the Best Bank in Nigeria in the Banking and Investment Services category of the Nigeria Risk Award (NRA) for 2015. The Award was presented to the Bank last weekend at Nigerian Economic & Social Risks Summit which held in Lagos.  This Award is coming ...

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UBA Rewards Staff At Annual CEO awards


It was an exciting evening on Saturday, April 9, 2016 as staff of pan-African financial services group, United Bank for Africa (UBA) Plc gathered at the Eko Hotel and Suites in Lagos, Nigeria, to celebrate the bank’s staff that have performed exceptionally well in the 2015 financial year.  It is a tradition that the bank has maintained since 2008 and ...

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Which tap is supplying the water?


This picture has gone viral and has been shared thousands of times. Can you tell which tap is supplying the water?

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