Category: National/Politics

UBA Delivers Impressive Returns on Investment, as Shareholders Applaud Bank’s Support in Fight against COVID-19

Leading African financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting virtually by proxy on Wednesday, April 29, 2020 – a first in UBA’s seventy-one year history. The meeting, which had in attendance shareholders, management and staff members, together with representatives of relevant regulatory bodies, was held using an Online Meetings…

BUA Group’s Abdul Samad Rabiu Makes Additional Donation of N3.3bn to Fight COVID-19 in Nigeria

Disturbed by the increasing spread of Coronavirus in Nigeria especially in Kano and Lagos states, the Executive Chairman/Founder of BUA Group, Abdul Samad Rabiu has made available, an additional  N3. 3Billion grant towards equipping 2 existing permanent facilities in Kano and Lagos States – whilst collaborating with the teaching hospitals in those states. This will…

Group Flays Agip Over COVID-19 Safety Measure

The National Youth Response Group has frowned at what it calls a blatant disregard for the lives of Nigerians. This was shared in a statement released by its South-South Coordinator, Comrade Preye Thomson. The group alleged that the Nigerian Oil AGIP Company Limited, a multinational oil and gas producing company, evaded the mandatory isolation for…

Q1 2020: In Spite Of Business Upsets, UBA Records Impressive N32.7bn Profit

Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2020, showing double-digit improvement across all its major income lines. The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5…