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UBA gives N30m to 20 Wise Savers promo winners

United Bank for Africa (UBA) on Tuesday gave N30 million to 20 customers that emerged winners at the first quarterly draw of the ongoing UBA Wise Savers promo. The promo, which runs for one year, will see another 60 customers winning N90 million in the three remaining quarters of the year. This will bring  the total wins to N120 million by ...

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Zenith Bank Records N82bn Half-year Profit, Pays N9.4bn Interim Dividend

Zenith Bank Plc yesterday announced an interim dividend of N9.42 billion for the half year (H1) ended June 30, 2018, following the release of the bank’s results. The dividend, which translates to 30 kobo per share, is higher than the N7.5 billion or 25 kobo paid in the corresponding period of 2017. According to notification to the Nigerian Stock Exchange ...

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UBA promotes e-banking with Dubai trip

United Bank for Africa Plc says it is committed to promoting electronic banking in the country. The lender therefore said it had put on offer a holiday in Dubai for loyal customers who leverage on e-banking regularly. In a statement on Sunday, it said, “UBA is offering three lucky customers a chance to win an unforgettable holiday experience in Dubai. ...

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FirstBank to improve service delivery

First Bank of Nigeria Limited on Thursday said it had created a value chain of support for the interests and activities of its customers. The lender said with varying categories of products and services to support businesses across market segments, it was set to ensure that its customers’ lifestyles align with their planned scripts for their lives. According to a ...

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12 money rules to live by

naira money

One-size-fits-all financial advice isn’t supposed to work. We’re all as unique as snowflakes, so the financial rules that guide us should be molded to our individual situations. Except it turns out that rules of thumb can be really helpful. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal ...

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10 UBA Customers Win All Expense Paid Trip To Kenya,40 Others..

Ten customers of United Bank for Africa (UBA) who made use of Western Union and MoneyGram have won an all-expense paid trip to  Kenya in the second batch of the UBA Remittance Awoof Promo held  the weekend…last year those who won went to Dubai. In a statement issued by Mr Charles Aigbe, the bank’s Divisional Head, Corporate Commission in Lagos ...

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DANGOTE DISBURSES N400 MILLION GRANTS TO DISADVANTAGED LAGOS WOMEN …Beneficiaries also to get mobile phones

L-R: Executive Lagos State Governor, Mr. Akinwunmi Ambode; Executive Director, Dangote Group, Halima Aliko Dangote; President/CE, Dangote Group, Aliko Dangote; Lagos State Commissioner for Women Affairs and Poverty Alleviation, Mrs. Lola Akande; during The Official flag-off of the Dangote Foundation Micro Grant Scheme for Women in LGAS/LCDAS on Thursday, 26th May, 2016 in Lagos.

                                Dangote Foundation, owned by Aliko Dangote, Africa’s richest man, is taking micro grants to 774 local government areas (LGAs) across Nigeria.To cushion the effect of the current economic downturn, the Dangote Foundation yesterday commenced the disbursement of N400 million micro grant to 40, 000 ...

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Dangote flour re-opens Kano plant to save 3000 jobs,completes Refinery 2018

aliko dangote

Dangote Flour Mills has reopened its plant in Kano, saving the jobs of 3,000 workers who depend on the firm for their sustenance. The plant was shut down by Tiger Branded Consumer Goods of South Africa following its acquisition of the flour mill. As part of its restructuring process for greater market share, the reopening ceremony and commissioning of new ...

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Fidelity Bank presents duplex, fantastic prizes to promo winners

  Fidelity Bank Plc, one of Nigeria’s top banks in terms of capital adequacy ratio (CAR) has handed over the keys and title deeds of a gorgeous 4-bedroom duplex to Mrs. Clara Ego Ibedu, who emerged star prize winner in the sixth draw of the Save 4 Shelter Savings promo. Built with a stylish and tranquil penthouse, the duplex, located ...

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UBA, Konga boost e-commerce with mobile POS

Pan African banking group, United Bank for Africa (UBA) Plc has partnered Konga, Nigeria’s leading e-commerce company and Innovectives Nigeria Limited to create a seamless delivery and payment system by integrating mobile point of sale solution into Konga’s delivery system. Mobile POS (mPOS) which is powered by UBA PLC and MasterCard will make it easier for Konga customers to pay ...

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Big Endosement ! :UBA Gets BUY Rating On Stock

Analysts have unanimously placed a BUY rating on the stock of United Bank for Africa Plc (UBA), the lender with 19 branches across Sub Saharan Africa, amid creeping inflation, forex uncertainty, rising unemployment and bleak economic prospects The recommendation is on the back of the lender’s ability to consistently growth earnings in the last four years while intensifying on its ...

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Dangote Flour restructures, Creates jobs In Kano Via Wheat Farm

As part of its restructuring process for greater market share, Dangote Flour Mills has reopened its plant in Kano with plans to grow wheat in the state. The plant was shut down by Tiger Branded Consumer Goods of South Africa following its acquisition of the flour mill. The reopening ceremony and commissioning of new machines at the plant location in ...

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GTBank redeems $500,000,000 Eurobond

Chief-Executive-Officer-GTBank-Mr.-Segun-Agbaje

Guaranty Trust Bank plc on Thursday announced the redemption of the outstanding portion of the $500,000,000.00 Eurobond Notes due May 19, 2016. In February 2016, the bank successfully issued a Cash Tender Offer to repurchase any and all the outstanding $500 million 7.5% Eurobond Notes due May 2016 as part of its effective liability management strategy. The tender was the ...

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One year in office: Gov. Ugwuanyi set to commission road projects

Governor Ifeanyi Ugwuanyi’s desire to commission some completed road projects in the state as part of the activities marking his one year in office. Speaking during an inspection tour of the ongoing road projects in the state, the Chairman of the committee, Arc. Chris Offor commended Governor Ugwuanyi for his development initiatives and commitment to his campaign promises to the ...

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UBA Next Generation Lauch In Nsukka,..A Huge Success

There are clear indications that UBA next generation,activities at, University of Nigeria Nsukka, From the 16th-20th of May,was a huge success.   All the fun is happened on campus at University of Nigeria Nsukka! It was  fun with lots of music, dance, rap contest, fun activities, and awesome give away gifts…..plus you get to open a UBA Next Gen account ..Preceeding ...

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Fidelity Bank presents duplex, cash prizes to promo winners

nnamdi okonkwo

Fidelity Bank Plc has presented a four-bedroom detached duplex in Lekki, a power generating set, refrigerator and cash gifts to lucky winners in its just concluded Save-for-Shelter promo held nationwide. Mrs. Clara Ibedu, who won the star prize of a house, was presented the house yesterday in Lagos, making her the third customer to have won a house, with two ...

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Skye MD, Says Bank Contribution To Agric Sector Hits 10%,..Advises SME

The Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Timothy Oguntayo, has disclosed that the bank’s agricultural portfolio had reached about 10 per cent from five per cent two year agonke, showing its support to the development of the nation’s economy. Oguntayo who said agriculture comprised a significant portion of our portfolio in Skye Bank, noted that  From ...

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MTN loses 6.5 million data subscribers, Glo gains

The 2016 first quarter telecoms industry report has shown that MTN Nigeria lost 6.5 million Internet subscribers between the months of January and March. From a report published on the website of the Nigerian Communications Commission, the company began the year with 39,924,737 data customers, “but ended the quarter with 33,356,595.”  It showed that another telco, Globacom, garnered 1,448,354 fresh ...

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AMCON Appoints Debt Recovery Firms As Partners

The Asset Management Corporation of Nigeria (AMCON) has appointed Asset Management Partners (AMPs) to assist in the resolution of over six thousand accounts with loan balances of N100 million and below. The AMPs are consortia with specialist skills to recover and resolve debts in banking, legal, valuation and accounting. The new partners are currently involved in an induction programme prior ...

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