Author: Ifetayo Adeniyi

BANKING: UBA PLC SHATTERS FINANCIAL RECORDS WITH 143% SURGE IN GROSS EARNINGS, TOTAL ASSETS EXCEED N20 TRILLION IN 2023 UBA Plc Shatters Financial Records with 143% Surge in Gross Earnings, Total Assets Exceed N20 Trillion in 2023 In a groundbreaking display of financial prowess, Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has unveiled its audited financial results for the full year ending December 31, 2023, showcasing remarkable performance across all key metrics. The 2023 financial report, filed by UBA at the Nigerian Exchange Limited (NGx) on Monday, revealed a staggering surge in gross earnings, catapulting from N853.2…

US CDC donates disease detective equipment to Nigeria as part of its effort to curtail outbreak of diseases-Dr Farah Husain Health matters- The United States Centre for Disease Control has donated disease detective equipments to Nigeria. The equipments were received on Friday in Abuja on behalf of the Federal Government by the Director General, Nigeria Centre for Disease Control and Prevention, Dr.Jide Idris. The laboratory supplies is expected to beef up the country’s outbreak response capacity, and includes biosafety cabinets, sample collection materials, and other essential laboratory commodities. Programme Director, U.S. CDC Division of Global Health Protection, Dr. Farah Husain,…

Excitement as Comedian Shortcut, Others Thrill UK Audience At Sabinus Tour He is the arrowhead in the organizing of the upcoming comedy show in Abuja, Sarkin Dariya Multiple Laffs, as well as Brainjotter Live in Abuja coming up soon. The tour was also an opportunity to sell the Nigerian entertainment content to the global comedy. The creativity of the duo of Shortcut and MC Bob elicited excitement in the minds of Nigerians in Diaspora and other nationals in UK. Their demand on the international stage is on the rise following the mind-blowing performances they exhibited. It was an exciting moment…

Business: Now Moniepoint brings in convenience in Payment Option Explaining further what Moniepoint has brought to the payment space, he said, “When in 2019 we were approached by an organisation that we had recorded for a while, they reached out to us and told us in the payment space they were mainly card processors, they were only processing card transactions. “And in 2019, if everyone is familiar with the payment space, a lot of customers were very jittery about putting their card skills out there. That was truncating the payment experience, reducing the turnaround time for customers to complete their…

FirstBank: 130 Years of Enabling Success, Sustainability and Growth In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant milestone for Nigeria’s premier financial institution, FirstBank. GEOFF IYATSE writes. Experience, they say, comes with age. Nothing else aptly defines the consistent growth of First Bank of Nigeria Limited (FirstBank) and its consistent reinvention as the conscience of corporate Nigeria in the face of rising competition from traditional and other shadow banking brands. Not many living Nigerians can list a single other existing Nigerian company founded in 1894, long before modern…

Aiyedatiwa says there’s no vacancy in Ondo Govt house because his certificate is authentic Ondo State Governor, Lucky Aiyedatiwa, has firmly asserted the authenticity of his academic credentials amid circulating rumors questioning their validity. Speaking at the national party headquarters in Abuja after receiving clearance from the Screening Committee for the primary election, Aiyedatiwa dismissed any doubts about the legitimacy of his certificates. Addressing the issue, Aiyedatiwa emphasized that his certificates are genuine and denounced the allegations as malicious attempts by rival aspirants to tarnish his image. He clarified the discrepancy regarding the establishment date of his former school, Ikosi…

Smart ways to invest in real estate in Nigeria even with limited funds Investing in real estate is one step towards securing a financial future. Ever dreamt of owning a piece of the Nigerian property market? Maybe you’ve heard success stories, or perhaps you simply want to secure your financial future. Whether you’re a seasoned investor or just starting out, real estate offers a wealth of opportunities. But where do you begin? This guide will equip you with the knowledge and strategies to make informed decisions about investing in Nigerian real estate, even if your budget feels tight. Simply put,…

Culinary Festival: GTCO Food and Drink Festival Set for 7th Edition The 7th edition of the highly anticipated culinary festival in Africa, the GTCO Food and Drink Festival, has been announced by Guaranty Trust Holding Company Plc (GTCO). The festival is scheduled to take place from Friday, April 26th to Sunday, April 28th, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos. The GTCO Food and Drink Festival is considered the largest food and drink festival in Africa, where millions of food lovers and entrepreneurs come together to celebrate the diverse culinary heritage of Africa. Over three days,…

Refinery: Aviation Fuel Price Crash Imminent as Dangote Refinery Begins Supply of Petroleum Products After months to turmoil and near bankruptcy as a result of the prohibitive cost of aviation fuel, Nigerian airlines are celebrating following the news that Dangote Refinery will start supplying the product to them in the coming days. The airlines, it was learnt, hope to gain financial momentum with expected reduction in the cost of aviation fuel as a result of the development. Currently, the price of aviation fuel ranges between N1,450 to N1, 500 per litre in Lagos and higher in Abuja, Port Harcourt, with…

Late winning score as Boniface netted a goal, Leverkusen beat West Ham 2-0 Victor Boniface, Nigerian striker, scored a late winner for Bayer Leverkusen in their 2-0 win over West Ham United in the first leg of their Europa League quarter-final clash at the BayArena on Thursday night. With just seven minutes remaining on the clock, Jonas Hofmann smashed a shot through a crowd of defenders to give Xabi Alonso’s side the lead after the visitors struggled to clear a corner. Then, in the first minute of injury time, Boniface sealed the win for Leverkusen with a precise header from…