Afreximbank, UBA disburse $2.25bn crude oil prepayment loan facilitated by NNPC Ltd
Afreximbank, UBA Announce an Initial Disbursement of US$2.25 billion Under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. Landmark financing…
Just in: Tinubu Suspends National Social Investment Programmes
President Bola Ahmed Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). This is further to the ongoing investigation of alleged malfeasance in the…
Konga rewards shoppers of Apple products with freebies
Konga and Apple have entered a new deal for the sale of brand-new original Apple products Shoppers on Konga now get 2-year warranty on every Apple store product Konga customers…
After sacking old Boards, CBN appoints new CEOs for Union, Polaris, Keystone banks
Hours after dissolving the governing Boards of Polaris, Union, and Keystone banks, the Central Bank of Nigeria has appointed new chief executive officers to run the affairs of the deposit…
CBN dissolves boards, management of Union, Keystone, Polaris banks
Jan. 10, 2024 The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris Bank. Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications…
Global Economy Set for Weakest Half-Decade Performance in 30 Years – World Bank
Jan. 9, 2024 …Says reforms to boost investment, strengthened fiscal policy could help turn the tide As the world nears the midpoint of what was intended to be a transformative…
BREAKING: Tinubu cuts expenditure on all trips by 60%
As part of cutting cost of governance, President Bola Tinubu has slashed expenditure of all offical travels (Domestic and International) by 60%. He also reduced the number of persons that…
Exclusive: Resign now or face sack, angry Tinubu tells Betta Edu
Barring any last-minute twist, suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, is set to resign from President Bola Tinubu’s cabinet or face sack, Political Economist NG…
Tinubu sacks two CEOs of parastatals with immediate effectÂ
In conformity with plans to restructure and reposition critical agencies of the Federal Government towards protecting the rights of Nigerian consumers and providing a strong basis for enhanced contributions to…
UBA Surpasses N1tn Market Capitalisation Amidst Impressive Financials, Recognitions
Market Cap Hits N1.022tn Emerges Best Performing Banking Stock in 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with…