Africa’s Global Bank, United Bank for Africa (UBA) Plc, hosted a high-level panel session as part of activities to mark its annual Fraud Awareness Week with the theme “Combating Fraud Risk and Cyber Theft in Digital Banking.” The hybrid session which was hosted at the UBA Head Office in Lagos on Friday, was well attended...
A total cash prize of ₦140 million has been awarded to ten (10) African innovators to scale their transformative solutions after a keenly contested hackathon and pitch session at the Fifth Edition of the Zenith Tech Fair, themed “Future Forward 5.0: Tech for Success – Innovate, Adapt, Accelerate”, which held on Thursday, November 20, 2025,...
Fidelity Bank’s customers deposits have risen to N7.2 trillion in the first half (H1) of 2025 from the N5.9 trillion recorded in 2024 financial year. The Bank’s unaudited financial report for the half year ended June, 2025, posted on the Nigerian Exchange Group NGX platform (NGX) showed that the bank also recorded growth in its...
Mastercard and Zenith Bank have jointly launch the Essential Debit Card, boosting solution designed to enhance access to secure digital payments in Nigeria. The card is designed to meet the everyday financial needs of underserved populations, including low-income earners, who have historically faced barriers to formal banking services. Its introduction comes at a time when...
The Group Managing Director, GMD/CEO of UBA Plc, Mr. Oliver Alawuba, has revealed the bank’s strategy to address the non-productive use of the 85 percent of $4 trillion of Africa’s domestic financial assets. He made the disclosure on Monday at the UAE-Chad Trade and Investment Forum in Abu Dhabi, United Arab Emirates, UAE, where stakeholders...
Zenith Bank Plc has released its unaudited financial results for the nine months ended 30 September 2025, with a remarkable 16% year-on-year growth in gross earnings from N2.9 trillion recorded in Q3 2024 to N3.4 trillion in Q3 2025. The Group’s performance continues to demonstrate resilience, strong momentum, disciplined execution and an ability to deliver...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment towards driving sustainable growth and economic transformation across the continent with the official launch of its ground-breaking White Paper, Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth. The report which was unveiled on the side-lines of the...
Zenith Bank Plc has concluded its public offer and attained the Central Bank of Nigeria’s (CBN) recapitalisation target. The bank’s public offer, which was oversubscribed, raised N350.46 billion, bringing its total capital base to N614.65 billion, above the N500 billion regulatory threshold for banks with international authorisation. The bank in a statement on Wednesday, said...
.As Gross Earnings Grows By 17.28% to N1.608Trn Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its financial performance for the Half-year ended June 30, 2025, showing remarkable growth across its major business segments, driven by strong earnings. The audited financials released to the Nigerian Exchange Limited (NGX) on Thursday, showed that...
….promises to make Africa self-sufficient in cement, clinker production Shareholders of Dangote Cement Plc have received over N3.3 billion in dividends over the last 15 years. Aside from this impressive dividend payout,the shareholders have also significantly benefited from the capital appreciation of the cement stock. The benefits to the shareholders were disclosed on the floor...
The Attorney-General of the Federation, Mr Lateef Fagbemi (SAN), has hailed Monday’s decision by the Supreme Court, affirming the President’s power to declare emergency rule in any state of the federation. This is contained in a statement issued by Mr Kamarudeen Ogundele, the Senior Assistant to the President Communication and Publicity office of the AGF...
The Association of Resident Doctors, University of Abuja Teaching Hospital (ARD-UATH), has urged Nigerians to be more conscious of their health and adopt preventive measures to avoid falling sick. The President of ARD-UATH, Dr Adewale-Adeleye Premiere, made the call during a medical outreach organised for police officers at Mopol 44 Barracks, Kuje, Abuja, and their...
The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This is according to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Al. Sidi-Ali said the action was part of the apex bank’s efforts to re-position the mortgage sub-sector...
Nigeria’s digital healthcare sector could grow to 3.3 billion dollars by 2030, according to the News Agency of Nigeria, signalling expanding investment, technology adoption, and opportunities within the country’s health industry. A Consultant Public Health Physician at the University of Ilorin Teaching Hospital, Dr Sarumi Olakunle, disclosed this Tuesday in Ilorin during a paper presentation...
The Nigeria Police Force had insisted that there was no court order that restrained the force from enforcing tinted glass permit as being speculated. The Force Public Relations Officer, CSP Benjamin Hundeyin told newsmen on Tuesday in Abuja that the order being talked about was to maintain status quo on the issue. He said the...