HP and Nigerian authorities collaborate to Disrupt Dozens of Counterfeit Retail Operations

HP and Nigerian authorities have successfully obstructed over 20 illicit trading operations for fraudulent HP printer cartridges across the country. Between September and October 2019, Nigerian authorities raided around two dozen illicit trading operations in Lagos, Niger and Plateau. As a result of the action, law enforcement personnel were able to confiscate approximately 25,000 counterfeit […]

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UBA announce provision of N5 billion (U$14 million) to COVID-19 Relief Support Across Africa

United Bank for Africa Plc (UBA) on Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria and 19 other African countries, by supplying […]

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UBA Empowers 400 Entrepreneurs in Onitsha

Pan African financial Institution, United Bank for Africa during the weekend held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium scale business entrepreneurs in Onitsha, Anambra State, benefitted immensely from the impactful training. The beneficiaries were trained in record keeping, cost reduction, stock compiling, financial and […]

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BREAKING! FG orders reduction of fuel price to N125 in line with current realities

The federal government of Nigeria has directed the Nigerian National Petroleum Corporation (NNPC) to reduce the ex-coastal and ex-depot prices of Premium Motor Spirit (PMS) to reflect current market realities. In a statement signed by  Timipre Sylva, the minister of state for petroleum resources, the federal government said Petroleum Products Pricing Regulatory Agency (PPPRA) should modulate pricing […]

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PICTURES: Modern & Contemporary African Art Returns to Sotheby’s London

This Spring, following the record-breaking results achieved in October 2019, Sotheby’s auction of Modern and Contemporary African Art (https://bit.ly/2wVm3Sv) will return to London for a fifth consecutive season. Since the inauguration of the series in 2017, Sotheby’s (www.Sothebys.com) sales in the category have achieved more than sixty world records, championing the work of artists across […]

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NOVA Merchant Bank Declares N1.65bn in PAT

NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. Specifically, the Bank declared a profit after tax of N1.65 billion for the 2019 financial year representing an impressive 44% growth compared to N1.15bn recorded at the end of the 2018 financial […]

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