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By Abiola Olawale United Bank for Africa Plc (UBA) has unveiled its highly anticipated Q1 2024 financial results, indicating impressive growth across key performance indicators. According to the Group's financial results, released to the Nigerian Exchange Limited (NGX) on Friday, May 3, 2024, UBA recorded an exceptional year-on-year growth. Gross Earnings surged by 110% from…
May 7, 2024
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday, May 6, 2024, informed the implementation of the levy would start two weeks from today (yesterday). The circular was directed to all commercial, merchant, non-interest and payment…
May 7, 2024
Since commencing oil production in 2019, Guyana’s fortunes have changed dramatically. With a population of just 800,000, this small South American nation is on track to become one of the world’s leading oil producers per capita in 2024, potentially surpassing major oil-producing nations like Saudi Arabia and Qatar shortly. This newfound wealth has already transformed…
January 30, 2024
By Ken Afor Prince Afolabi Ghandi Olaoye, a former pastor at the Redeemed Christian Church of God (RCCG) in the United States, has reportedly arrived Ogbomoso, Oyo State, for his coronation as the new Soun of Ogbomoso land. Last week Saturday, Governor Seyi Makinde of Oyo State had congratulated Prince Olaoye as the Soun-elect. "His…
September 8, 2023
Linda Yaccarino has made history as she becomes the first female Chief Executive Officer (CEO) of Twitter. The Chairman of Twitter, Elon Musk who announced her appointment in a tweet on Friday said he was excited by her appointment. He said “the new CEO will focus primarily on business operations, while I focus on product…
May 12, 2023
Zenith Bank Plc has announced its unaudited results for the first quarter ending 31 March, 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28 April, 2023,…
April 29, 2023
Amid the cash crunch which has sparked chaos across Nigeria, President Muhammadu Buhari on Thursday approved the extension of the deadline for the use of the old N200 Naira notes. The President who made this known in a nationwide address to Nigerians on Thursday morning said the old N200 will continue to be legal tender…
February 16, 2023
The Supreme Court of Nigeria has granted an order restraining the Federal Government and the Central Bank of Nigeria (CBN) from implementing the February 10 deadline for the continuous use of the old 200, 500 and 1000 naira notes as legal tender in Nigeria. This was sequel to a lawsuit originating from three northern states;…
February 8, 2023
The Central Bank of Nigeria (CBN), on Thursday has issued a directive to financial institutions across the country to commence paying customers the new Naira notes Over The Counter (OTC). This was contained in a statement issued by the CBN's Director of Corporate Communication, Osita Nwanisobi. According to the statement, the CBN governor, Godwin Emefiele…
February 2, 2023
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By Abiola Olawale United Bank for Africa Plc (UBA) has unveiled its highly anticipated Q1 2024 financial results, indicating impressive growth across key performance indicators. According to the Group's financial results, released to the Nigerian Exchange Limited (NGX) on Friday, May 3, 2024, UBA recorded an exceptional year-on-year growth. Gross Earnings surged by 110% from…
May 7, 2024
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday, May 6, 2024, informed the implementation of the levy would start two weeks from today (yesterday). The circular was directed to all commercial, merchant, non-interest and payment…
May 7, 2024
Since commencing oil production in 2019, Guyana’s fortunes have changed dramatically. With a population of just 800,000, this small South American nation is on track to become one of the world’s leading oil producers per capita in 2024, potentially surpassing major oil-producing nations like Saudi Arabia and Qatar shortly. This newfound wealth has already transformed…
January 30, 2024
By Ken Afor Prince Afolabi Ghandi Olaoye, a former pastor at the Redeemed Christian Church of God (RCCG) in the United States, has reportedly arrived Ogbomoso, Oyo State, for his coronation as the new Soun of Ogbomoso land. Last week Saturday, Governor Seyi Makinde of Oyo State had congratulated Prince Olaoye as the Soun-elect. "His…
September 8, 2023
Linda Yaccarino has made history as she becomes the first female Chief Executive Officer (CEO) of Twitter. The Chairman of Twitter, Elon Musk who announced her appointment in a tweet on Friday said he was excited by her appointment. He said “the new CEO will focus primarily on business operations, while I focus on product…
May 12, 2023
Zenith Bank Plc has announced its unaudited results for the first quarter ending 31 March, 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28 April, 2023,…
April 29, 2023
Amid the cash crunch which has sparked chaos across Nigeria, President Muhammadu Buhari on Thursday approved the extension of the deadline for the use of the old N200 Naira notes. The President who made this known in a nationwide address to Nigerians on Thursday morning said the old N200 will continue to be legal tender…
February 16, 2023
The Supreme Court of Nigeria has granted an order restraining the Federal Government and the Central Bank of Nigeria (CBN) from implementing the February 10 deadline for the continuous use of the old 200, 500 and 1000 naira notes as legal tender in Nigeria. This was sequel to a lawsuit originating from three northern states;…
February 8, 2023
The Central Bank of Nigeria (CBN), on Thursday has issued a directive to financial institutions across the country to commence paying customers the new Naira notes Over The Counter (OTC). This was contained in a statement issued by the CBN's Director of Corporate Communication, Osita Nwanisobi. According to the statement, the CBN governor, Godwin Emefiele…
February 2, 2023
