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By Obinna Uballa Nigerians have expressed anger on social media following revelations that the Federal Government is seeking an additional $1.75bn loan from the World Bank, despite announcing that it had already met and exceeded its 2025 revenue target. The Presidency recently disclosed that revenue collections between January and August 2025 hit N20.59tn, a 40.5…
September 5, 2025
By Obinna Uballa Guaranty Trust Holding Company Plc (GTCO) has injected N365.9 billion into its banking arm, Guaranty Trust Bank Limited (GTBank), to meet the Central Bank of Nigeria’s (CBN) revised minimum capital requirement for lenders with international licences. In a filing with the Nigerian Exchange Limited and the London Stock Exchange on Friday, GTCO…
August 29, 2025
By Obinna Uballa Mr. Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa (UBA), has revealed how an unexpected opportunity at age 27 set the tone for his successful career and inspired his drive to empower Africa’s young entrepreneurs. In a post on his X handle on Friday, the billionaire investor said he…
August 29, 2025
By Obinna Uballa In an era of growing global anxieties, British Banks stocks have tumbled amid concerns over a possible tax squeeze. This development saw NatWest dropped 4.7%, Lloyds 3.7%, and Barclays 3.4% after the Financial Times reported that U.K. bank executives fear Finance Minister Rachel Reeves could impose measures such as a profit surcharge…
August 29, 2025
By Abiola Olawale United Bank for Africa (UBA) has been ranked among top five banks in West Africa, a recent customer experience survey conducted by KPMG for the West African banking sector has revealed. According to the KPMG 2024 West Africa Banking Industry Customer Experience Survey, UBA excelled in the Small and Medium Enterprises (SME)…
January 7, 2025
By Kolawole Ojebisi Barely a week to the end of his eight-year tenure, Edo state governor, Godwin Obaseki has explained why his administration executed certain projects under his watch. Obaseki, who said he is leaving office with a sense of satisfaction. He gave the explanation during a postmortem of his years in office. The governor…
November 6, 2024
By Kolawole Ojebisi Governor Fubara of Rivers State has said it is not inordinate desire for power that made him to adopt the All Peoples Party (APP) as a political party In the just concluded local government Council election. Fubara said the move was not a matter of political structure but a move to meet…
October 8, 2024
By Abiola Olawal Nigerian Business mogul and banking expert, Tony Elumelu, has revealed that despite the harsh business operating environment, Transcorp Group’s combined market capitalisation on the Nigerian exchange grew from N114 billion to over N4.4 trillion. Elumelu made this revelation at the Transcorp Group’s 18th Annual General Meeting. The Chairman of the United Bank…
May 28, 2024
By Abiola Olawale Nigerian business mogul and Chairman of United Bank for Africa (UBA), Tony Elumelu has celebrated the financial institution as it celebrates its 75th anniversary. Elumelu who spoke during the bank’s 62nd Annual General Meeting (AGM) said the financial reports of the financial institution in 2023 showed remarkable growth. Elumelu noted that the…
May 24, 2024
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By Obinna Uballa Nigerians have expressed anger on social media following revelations that the Federal Government is seeking an additional $1.75bn loan from the World Bank, despite announcing that it had already met and exceeded its 2025 revenue target. The Presidency recently disclosed that revenue collections between January and August 2025 hit N20.59tn, a 40.5…
September 5, 2025
By Obinna Uballa Guaranty Trust Holding Company Plc (GTCO) has injected N365.9 billion into its banking arm, Guaranty Trust Bank Limited (GTBank), to meet the Central Bank of Nigeria’s (CBN) revised minimum capital requirement for lenders with international licences. In a filing with the Nigerian Exchange Limited and the London Stock Exchange on Friday, GTCO…
August 29, 2025
By Obinna Uballa Mr. Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa (UBA), has revealed how an unexpected opportunity at age 27 set the tone for his successful career and inspired his drive to empower Africa’s young entrepreneurs. In a post on his X handle on Friday, the billionaire investor said he…
August 29, 2025
By Obinna Uballa In an era of growing global anxieties, British Banks stocks have tumbled amid concerns over a possible tax squeeze. This development saw NatWest dropped 4.7%, Lloyds 3.7%, and Barclays 3.4% after the Financial Times reported that U.K. bank executives fear Finance Minister Rachel Reeves could impose measures such as a profit surcharge…
August 29, 2025
By Abiola Olawale United Bank for Africa (UBA) has been ranked among top five banks in West Africa, a recent customer experience survey conducted by KPMG for the West African banking sector has revealed. According to the KPMG 2024 West Africa Banking Industry Customer Experience Survey, UBA excelled in the Small and Medium Enterprises (SME)…
January 7, 2025
By Kolawole Ojebisi Barely a week to the end of his eight-year tenure, Edo state governor, Godwin Obaseki has explained why his administration executed certain projects under his watch. Obaseki, who said he is leaving office with a sense of satisfaction. He gave the explanation during a postmortem of his years in office. The governor…
November 6, 2024
By Kolawole Ojebisi Governor Fubara of Rivers State has said it is not inordinate desire for power that made him to adopt the All Peoples Party (APP) as a political party In the just concluded local government Council election. Fubara said the move was not a matter of political structure but a move to meet…
October 8, 2024
By Abiola Olawal Nigerian Business mogul and banking expert, Tony Elumelu, has revealed that despite the harsh business operating environment, Transcorp Group’s combined market capitalisation on the Nigerian exchange grew from N114 billion to over N4.4 trillion. Elumelu made this revelation at the Transcorp Group’s 18th Annual General Meeting. The Chairman of the United Bank…
May 28, 2024
By Abiola Olawale Nigerian business mogul and Chairman of United Bank for Africa (UBA), Tony Elumelu has celebrated the financial institution as it celebrates its 75th anniversary. Elumelu who spoke during the bank’s 62nd Annual General Meeting (AGM) said the financial reports of the financial institution in 2023 showed remarkable growth. Elumelu noted that the…
May 24, 2024
