By Kadiri Abdulrahman Vice-President Kashim Shettima has described the United Bank of Africa (UBA) as a pacesetter in innovation, emerging markets and generational ambition. Shettima said this at a dinner to celebrate 75 years anniversary of UBA on Saturday night in Abuja. According to him, the celebration of an institutionContinue Reading
By Taiye Olayemi Experts have emphasised the need for financial institutions in Africa and Middle East to adopt proactive, technology-driven strategies to remain robust in an increasingly volatile global environment. They said this during the 2025 Africa and Middle East Depositories Association Conference (AMEDA 2025)Continue Reading
By Aminu Garko The Independent Corrupt Practices and Other Related Offences Commission (ICPC), Economic and Financial Crimes Commission (EFCC), and Nigeria Customs Service (NCS) have collaborated to organise a sensitisation meeting on laws governing currency movement across borders. The News Agency of Nigeria (NAN) reports that the programme aims toContinue Reading
By Taiye Olayemi Stock market investors traded 1.854 billion shares worth N56.025 billion in 51,386 transactions on the floor of the Nigerian Exchange Ltd. this week. This is in contrast to the 1.525 billion shares valued at N43.006 billion that exchanged hands last week in 51,156 deals. Consequently, the valueContinue Reading
By Philip Yatai Rep. Gaza Gbefwi, Chairman, House Committee on Solid Minerals, says digital economy holds the key to Nigeria’s economic transformation, job creation, and national security. Gbefwi, representing Karu/Keffi/Kokona Federal Constituency, stated this in Abuja on Friday, at a seminar with the theme, “Powering Nigeria’s Digital Economy through AdvancedContinue Reading
By Nana Musa The Director of the African Department at the International Monetary Fund (IMF), Abebe Selassie, has commended Nigeria’s bold economic reforms and urged continued support for vulnerable citizens. Selassie made the commendation during a press conference on the regional economic outlook for Sub-Saharan Africa in Washington D.C. onContinue Reading
By Kadiri Abdulrahman The United Bank for Africa (UBA) has posted a gross revenue of N3.19 trillion and a profit after tax of N767 billion for the 2024 financial year. Mr Tony Elumelu, Chairman, Board of Directors of UBA, made this known at the bank’s 63rd Annual General Meeting (AGM)Continue Reading
Report suspected Ilegal investment schemes to us- SEC By Taiye Olayemi The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action. Continue Reading
By Taiye Olayemi The Securities and Exchange Commission (SEC) has called for joint efforts to drive transformational financial markets across Africa and the Middle East. Dr Emomotimi Agama, SEC Director-General, made this call at the 2025 Africa and MiddleContinue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) on Thursday listed Legend Internet Plc, a Nigerian telecommunications company. Legend’s N2 billion ordinary shares, with a par value of 50 kobo each, were listed at N5.64 per share. The Chairman of NGX Group, Dr Umaru Kwairanga, who welcomedContinue Reading
