Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines as well as significant progress in the contribution from its subsidiaries. ​At the end of the first two quarters of the year, the Bank was able to deliver a 12.6 ... Read More »

It seems the stars are truly aligning for Big Brother Naija 7 (BBN 7) housemate -Cyph – as he recently won N1million in the Fidelity Bank Get Alert In Millions Season 5 promo (GAIM 5). Emeka Bright Nwekete (AKA Cyph) a customer of Fidelity Bank, Owerri emerged as one of the 10 winners in the August monthly draw of the ... Read More »

Asiwaju Bola Tinubu, the All Progressives Congress (APC), Presidential Candidate for 2023 poll, says he has no disagreement with the party’s National Chairman, Sen. Abdullahi Adamu, contrary to some media reports. Tinubu said this when he spoke with newsmen after a visit to the APC National Secretariat in Abuja on Wednesday. He described the reports as fake news. “To the ... Read More »

…..Ooni’s new wife arrives palace Mariam Anako, the new wife of Ooni of Ife, Oba Adeyeye Ogunwusi, late on Tuesday arrived at the palace of the monarch in Ile-Ife, Osun State. The new wife was ushered into the palace after brief rites at the entrance to the premises. She was thereafter led into the inner court of the palace to ... Read More »

Embattled Speaker of the Ogun State House of Assembly, Olakunle Oluomo has been remanded pending his fulfillment of an N300 million bail bond. Justice Daniel Osiagor of the Federal High Court in Lagos on Tuesday made the order following Oluomo’s arraignment by the Economic and Financial Crimes Commission (EFCC) over an allegation of N2.475 billion accrued from money laundering and ... Read More »

… Reports Profit Before Tax of ₦103.2billionLagos, Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in ... Read More »

After Deji, Giddyfia, and Diana got evicted, show host, Ebuka, reminded all 16 housemates that the race is still on till Week 10. Beauty’s disqualification as well as evictions for Cyph, Christy O, Khalid, Ilebaye, Kess, Pharmsavi, Modella, and Amaka, leaves 16 housemates out of 28 to compete for the 100 million grand prize (14 eligible)- Chizzy and Rachel are ... Read More »

THE Academic Staff Union of Universities, ASUU, has constituted a seven-man committee to defend the union’s position and refusal to suspend the ongoing strike that is getting to seven months. The committee is expected to respond to any criticisms in the media against the alleged adamant posture of the university teachers to suspend the strike. Recall that academic activities in ... Read More »

Nigeria may be stripped of one of the gold medals won at the recently held Commonwealth Games in Birmingham, England owing to doping crisis. This is as the Athletics Integrity Unit (AIU) announced the provisional suspension of sprinter Grace Nwokocha. Nwokocha was part of the quartet that won gold in the 4x100m relay at this year’s Commonwealth Games. Our correspondence ... Read More »

We refer to the news regarding the announcement of the proposed acquisition of Union Bank UK Pic. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union Bank of Nigeria Plc. (“UBN”) or (“the Bank”) in a regulatory filing issued to the Nigeria Stock Exchange (NGX), the Bank announced that it had entered a Share Sale and Purchase Agreement to divest ... Read More »