PRESS RELEASE

Nigerian Navy promotes 73 senior officers

The Nigerian Navy has approved the promotion of 73 senior officers to various higher ranks. The exercise saw the promotion of 15 new Rear Admirals, 39 Commodores and 19 Captains. The 15 Commodores promoted to rank of Rear Admiral are ...

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GTBank, British Council unveil first outdoor sculpture by Yinka Shonibare

Africa’s foremost financial institution, Guaranty Trust Bank Plc, has partnered the British Council, the UK’s international organisation for cultural relations and educational opportunities, to sponsor the installation of the Wind Sculpture VI by renowned British-Nigerian artist, Yinka Shonibare MBE in ...

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Tony Elumelu Foundation Announces 3rd Round of TEF Entrepreneurship Programme, See Application Details

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until ...

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Elumelu Shares Africapitalism Philosophy in Tunisia, North Africa

…CALLS ON AFRICAN LEADERS TO CREATE YOUTH BUSINESS CHAMPIONS, NOT MARTYRS This week, fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia ...

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Okonjo-Iweala receives Global Fairness Award in US

Nigeria’s former minister of finance, Dr. Ngozi Okonjo-Iweala was on Thursday honored with the Global Fairness Award in Washington DC, United States. The award was presented to her by the Global Fairness Initiative in recognition of her contribution to sustainable ...

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AfDB and United Bank for Africa Plc sign $150 million Line of Credit

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support ...

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PDP suspends Kashamu, six others for diversion of funds

The Ogun State Peoples Democratic Party has announced the suspension of seven of its key members. Affected members are Buruji Kashamu, Bayo Dayo, Pegba Otemolu, Semiu Shodipo, Fatai Adeyanju, Segun Seriki, Daisi Akitan, and Bowale Solaja. Mr. Kashamu is a ...

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UBA CFO, Finance Team Shine at CFO Awards

Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance ...

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UBA Mentors Students in Oyo To Commemorate World Savings Day

United Bank for Africa (UBA) Plc is promoting financial literacy among young school children in Nigeria.  To this end the bank’s Executive Director, Lagos and West, Mr. Ayoku Liadi was at the Olivet Baptist High School in Oyo to mentor ...

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Minister of Labour and Employment assures of enhanced protection at workplaces

The Honourable Minister of Labour and Employment Senator, Chris Nwabueze Ngige, has assured Nigerians of the commitment of the present administration of President Muhammadu Buhari to continue the protection of the Nigerian workforce, work efficiency and by extension productivity at ...

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