United Bank For Africa Plc
1 day ago
Inflation will hit 34.98 per cent this month, analysts at Cordros Capital analysts have said.
17 Apr
The financial services industry (measured by volume) dominated in volume terms at the end of last week's transactions with 859.6 million shares valued at N20.6 billion in 12,297 deals, contributing 75.9 per cent to the total equity turnover.
15 Apr
The financial services industry (measured by volume) dominated in volume terms at the end of last week's transactions with 859.6 million shares valued at N20.6 billion in 12,297 deals, contributing 75.9 per cent to the total equity turnover.
12 Apr
Four leading Nigerian banks by market capitalisation, achieved combined gross earnings of N7.99 trillion gross earnings in their 2023 full-year operations, a figure that is 248 per cent higher than the 2022 performance.
30 Aug 2023
Chairman of United Bank for Africa Plc and entrepreneur, Tony Elumelu, has warned that the deal between the Federal Government and General Electric (GE) will fail unless the constraints around gas are addressed and changes are made to “self-serving policies”.
3 Jul 2023
The financial services industry dominated, in volume terms, last week’s transactions on the floor of the Nigerian Exchange Limited (NGX).
12 Jun 2023
The financial services industry dominated turnover, in volume terms, at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 1.6 billion shares valued at N15.7 billion in 14,851 deals; thus contributing 71.82 per cent to the total equity turnover volume and value respectively.…
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3 mins ago
A 31-year-old Chinese tourist died after falling into an acidic crater lake in Indonesia’s East Java province, local media reported. The tourist was taking a selfie with her husband when she slipped and fell into the 75-metre-deep Ijen Crater in Banyuwangi district , Kompas.com reported on Tuesday. The couple’s tour guide said the woman had…
6 mins ago
The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…
14 mins ago
The Federal High Court in Abuja has rejected the request made by a former governor of Kogi State, Yahaya Bello, that his order of arrest should be discharged. The court rejected the request on Tuesday after Bello who was absent at his arraignment said he is ready to make an appearance but he is afraid…
17 mins ago
Former Governor of Kogi, Alhaji Yahaya Bello, on Tuesday, prayed a Federal High Court, Abuja to vacate the arrest warrant order issued to the Economic and Financial Crimes Commission (EFCC) against him on April 17. Bello, through his lawyer Adeola Adedipe, SAN, made the application following an order by Justice Emeka Nwite, directing the EFCC…
30 mins ago
At least 16 people are dead and 28 missing in a new migrant boat disaster off the coast of the Horn of Africa nation of Djibouti, the UN's International Organization for Migration said on Tuesday. The accident occurred about two weeks after another boat carrying mainly Ethiopian migrants sank off the Djibouti coast, claiming several…
39 mins ago
The management of Eko Electricity Distribution Company (EKEDC) on Tuesday apologised to its customers in some parts of Lagos and Ogun states over the recent power disruption. Mr Babatunde Lasaki, General Manager, Corporate Communications, EKEDC, made the appeal in a statement in Lagos. Lasaki said the problem was caused by a fault on Badagry Express…
46 mins ago
A Taiwanese father and son were each sentenced to eight years in prison for collecting confidential military information and trying to develop a spying "organisation" for China, a court said on Tuesday. Beijing claims self-ruled Taiwan as its territory and has ramped up military and political pressure on the island in recent years. The two…
51 mins ago
Dangote Petroleum Refinery has announced another significant reduction in the prices of diesel and aviation fuel to ₦940 and ₦980 per litre, respectively. This follows an earlier reduction to ₦1,000 per litre. The new pricing is designed to help mitigate the effects of economic hardship in Nigeria and comes just a week after the company,…
56 mins ago
A Dana Air aircraft with registration number 5N BKI, flying from Abuja to Lagos on Tuesday morning, veered off the runway during landing operations at the Murtala Mohammed airport in Lagos. A statement signed by Mr. Kingsley Ezenwa, Head of Corporate Communications of the airline, said all the 83 passengers and crew members onboard were…
1 hour ago
An aircraft operated by Dana Air with registration number 5NBKI with about 83 passengers on board crashlanded at the Muritala Mohammed International Airport, Lagos in the early hours of today. The airline on its official X handle said all passengers on board disembarked unhurt without injuries or scare as the crew handled the situation with…