Mr. Tony Elumelu, Chairman, Heirs Holdings and Founder Tony Elumelu Foundation has called on the United States Congress to pass the ‘Electrify Africa Act’ stating that the passage in to law would make a world of difference in Africa. “When you leave this place call your Representatives and the leadership of the House and ask…
Category: Business
How To Achieve Your SMART Financial Goals in 2016
Everyone desires financial success, but that desire must be matched with SMART financial goals to translate to success. Most times, we set financial goals that are self-defeating. The reason why it seems like New Year resolutions to eat healthier or exercise regularly almost always fail by the second month of the year is because most…
Tony Elumelu Foundation, UBA, US Dept. Of Commerce Partner To Enable Entreprenurship in Africa
The Tony Elumelu Foundation and United Bank for Africa Plc (UBA) partnered with the United States Department of Commerce to host a panel and roundtable discussion between members of the U.S. Presidential Council on Doing Business in Africa (PCDBIA)and a diverse community of African entrepreneurs. The 11 person U.S. delegation, along with representatives of several…
Saraki Commends Unilever, Pledges Support For Business Friendly Environment
The manufacturing giant, Unilever Nigeria Plc. in a meeting with the Senate President, Dr. Bukola Saraki and a separate meeting with the Minister for Trade and Investment and the Minister for State for Trade and Investment, Prof. Okey Enelamah and Mrs. Aisha Abubakar; revealed its plans to further increase its investment in the country. The…
Visa Partners UBA To Launch SmartMoney
Global electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA) announces the launch of ‘SmartMoney’, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app experience to establish a millennial centric…
Citi, Union Banks’ MDs In Trouble Over Fraud Charges
As you read this, the Managing Directors of both Citi and Union Banks are running helter skelter to face their faces. This is because a Federal High Court in Lagos has ordered them and 14 others to appear before it to answer criminal charges of fraudulent diversion to the tune of N10.7 billion belonging to…
Contempt Charge: Ecobank Floors Honeywell In Court
The Federal High Court in Lagos last Friday struck out a contempt charge filed against Ecobank Nigeria Limited by Honeywell Flour Mills Plc. Justice Mohammed Idris held that the Form 48 and Form 49 (with which contempt proceedings are initiated) were not properly served on the alleged contemnors. The charge had been filed by Honeywell…
Nigerian Sugar Refiners To Stop Credit Facilities To Customerst
With the current state of currency fluctuations and a Nigerian sugar industry that is still largely dependent on imported raw sugar, indications are that sugar refiners within Nigeria are set to discontinue credit facilities to their customers. This is expected to guard against any currency and transaction risks as well as prevent hedging. In the…
GTBank's Associate Debunks Tenancy Of Sealed Abuja Plaza By EFCC
An associate of Guaranty Trust Bank has debunked online reports on Sunday that the Economic and Financial Crimes Commission, EFCC, sealed one of its branches in Abuja, precisely in Wuse 2. Miffed by this, Kockane hit nairaland to inform customers of the reputable financial institution as well as the general public that the said story…
GTBank to Reward Mobile Banking Customers With 100k
Foremost financial Institution, Guaranty Trust Bank, GTBank, has launched the #GTBankMobileWin100k competition to reward its mobile banking customers by availing them a chance to win N100,000 weekly in the mBank January rewards. The competition will run throughout the month of January 2016 and 10 lucky customers will win N100,000 weekly during the period. To participate…