Month: October 2021

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…

I Have Never Tampered With LG Funds – Abiodun

Ogun State Governor Prince Dapo Abiodun, on Thursday, reiterated that his administration has never tampered with the monthly allocation of the 20 local governments in the state from the federal government. The governor said rather than shortchanging the LGs, the state government has been assisting them by augmenting their allocations to enable them perform their…

Nigeria@61: K1, Davido, Tiwa Savage, Others to Perform at “Eko on Show” October 15

The Lagos State Ministry of Tourism, Arts and Culture, is set to celebrate Nigeria’s Independence with the “Eko on Show” festival slated for Friday, 15th October 2021, at Muri-Okunola Park, Victoria Island. The event is one of the strategies adopted to showcase and revive the entertainment scene in Lagos. Commissioner for Tourism, Arts and Culture,…

Pension Fraud: Maina’s Son, Faisal Bags 14 Year Jail Term

Justice Okon Abang of the Federal High Court sitting in Abuja, today, Thursday, October 7, 2021, convicted and sentenced the son of former Chairman of the defunct Pension Reform Task Team, PRTT, Abdulrasheed Maina, Faisal, to 14 years imprisonment. The Court found Faisal guilty on a three-count charge of money laundering brought against him by…

Ogun: Abiodun Allays Bankers Forum’s Fear over Robbery Threats

Ogun State governor, Dapo Abiodun on Wednesday met with members of the Bankers Forum in Ijebu Ode, Sagamu and Ijebu Igbo to allay their fears over robbery attacks. The governor assured them of its administration’s determination towards strengthening and fortifying the existing security network across the State, with a view to ensuring uninterrupted operations of…

MDAs Must Generate N1trn Annually To Fund Budget – Lawan

President of the Senate, Ahmad Lawan, has said that the National Assembly would mount more pressure on revenue generating agencies to ensure that they remit N1 trillion naira in revenues annually, to enable the federal government fund its budget. Lawan stated this on Wednesday in his remarks after the chamber approved President Muhammadu Buhari’s submission…

Dangote Cement, MTN Pay Highest Income Tax In 2020

Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a princely sum of N97.24billion in…

NASCO Group Refutes Allegation of Financing Terrorism

The management of NASCO group has refuted claims that the firm and its founder, late Ahmed Nasreddin has been involved in terrorism financing in Nigeria and across the world. NASCO group denied the allegation in a statement on Tuesday titled ‘NASCO Rejects Irresponsible & Fake Journalism.’ The Management noted the defamatory and slanderous contents of…

At UBA, Customer Satisfaction Remains our Number one Priority – Uzoka

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has said that the main priority for every staff in the bank is to always ensure customer satisfaction. This, he said, is crucial for every forward-thinking organisation such as UBA, as the customer remains the undisputed employer. In a message to…

Africa Re, IFC Put Smile on African Farmers Faces

Africa-Re’s partnership with IFC (A member of the World Bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more efficient solutions for small farmers, help them mitigate effects of…