COVID-19 Travel Restriction List: FG removes South Africa, Brazil, Turkey from list

The federal government of Nigeria says it has taken South Africa, Brazil and Turkey off the list of countries from which travellers are restricted from entering Nigeria. Boss Mustapha, chairman of the presidential steering committee (PSC) on COVID-19, disclosed this on Wednesday at a media briefing in Abuja. Recall that the federal government had, in June, […]

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Winners Emerge in 7th UBA Bumper Savings Account Promo

Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded its loyal customers in its Bumper Savings Promo in line with its unwavering commitment towards prioritising its customers’ financial well-being as well as boosting savings culture in Nigeria. Since the bank commenced the promo in 2020, over 200 winners have emerged from the initiative that continues to […]

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Airtel Nigeria set to buyback 8.27 percent minority shareholdings at N61.24 billion

Airtel Networks Limited (Airtel Nigeria) has initiated a process to buyback 8.27% minority shareholdings at N55.81 per share, estimated at N61.24 billion. Buyback is a corporate action in which a company buys back (repurchase) its shares from the existing shareholders — usually at a price higher than the market price. Ownership consolidation, stock undervaluation or […]

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Facebook, WhatsApp and Instagram experience yet another global outage

Social messaging/networking sites WhatsApp, Instagram, and Facebook have all gone down in what appears to be another major global outage. According to data on Downdetector, the three social media platforms – owned by Mark Zuckerberg — completely stopped working shortly before 5 pm on Monday, leaving millions of users worried. The outages began to trend on Twitter […]

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UBA Foundation’s National Essay Competition(NEC) 2021 Ready to Receive Digital Applications

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the commencement of the 2021 edition of its annual National Essay Competition (NEC) in Nigeria with a call for entries. The National Essay Competition (NEC) is part of UBA Foundation’s education initiative which is aimed at promoting literacy […]

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Scavengers move round residential buildings, collecting items for IEDs – Defence Intelligence Agency

The Defence Intelligence Agency (DIA) of Nigeria says some items used for locally-manufactured improvised explosive devices (IEDs) are collected by scavengers who move round homes. This disclosure was made by Friday Okolie, a commodore, who on Monday when he represented the agency at a public hearing organised by the house of representatives committee on national security and […]

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GTBank Releases H1 Audited Results; reports profit before tax of ₦93.1billion

Guaranty Trust Bank Plc (“GTBank” or “the Group”), now Guaranty Trust Holding Company Plc, has released its audited financial results for the period ended June 30, 2021, to the Nigerian and London Stock Exchanges. A review of the results shows a decent performance across key financial metrics against the challenging business environment. This performance reaffirms […]

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