UBA Contactless Cards Hit Industry High of Three Million

  ………Over 10m Debit Card  Issued Pan-African financial institution, United Bank for Africa (UBA) Plc, has again demonstrated its superiority in the Nigerian e-Banking space with the  issuance of over three million Near Field Communication (NFC) technology enabled  contactless cards to its teeming customers.   UBA has revolutionised the payments landscape in Nigeria in 2015,…

Regional Maritime Bank Underway In West/Central Africa

….. CVFF May Fund Propose Indications have emerged that the challenges currently hindering accelerated development of the maritime industry in West and Central Africa may soon be confined to history, if coordinated efforts of its Maritime Administrations to establish a Regional Maritime Bank are actualized. According to a reliable source at the Nigerian Maritime Administration…

Diversion of 40,000 litres Lagos fuel, DPR commences investigation

  The Department of Petroleum Resources (DPR), North-West Zonal office, Kaduna may have flagged off a comprehensive investigation, in respect of an alleged diversion of 40,000 litres of fuel meant for Gombe. The Head, Down Stream, of the Zonal Office, Yahaya Maishera confirmed this while releasing the fuel at the NNPC Mega Station on Saturday…

NB Gross debt stands N8.5billion in 2017

Jordi Borrut Bel,  Managing Director/CEO, Nigerian Breweries PlcThe management of the Nigerian Breweries Plc (NB) in its results published for the period and year ended 31 December 2017. The results shown gross debt of N8.5 billion as at December 31, and while it is expect new Commercial Paper (CP) issuances is expected in this year, has modeled…

UBA Premieres Most Anticipated Movie of the Year #Black Panther

Pan African Financial Institution, United Bank for Africa (UBA) Plc again showcased its footprint in the world of entertainment as it premiered the most anticipated movie of the year #BlackPanther, A Night in Wakanda. The movie which was hosted by TV personality Ebuka Obi-Uchendu premiered over the weekend at Imax Cinemas in Lekki, and saw…

SEC Targets Increased Level of  Financial Inclusion by 2020

 L-R,   Research Department, National Pension Commission Mr Lasbery Lot, Representative of the Acting Director General Securities and Exchange Commission, Mr. Abdul Bello and Data Analyst Central Bank of Nigeria, Dr. Gazali Mohammed during the Financial Inclusion Sensitisation Programme held in Abuja at the weekendThe Securities and Exchange Commission (SEC) has said that it aims to…