By Ayomide Otitoju United Bank for Africa (UBA) Plc recorded a 26.14% year-on-year increase in profit, reaching N766.568 billion in 2024, up from N607.696 billion in the previous financial year. According to the bank’s audited report released on the Nigerian Exchange, UBA’s strong performance was driven by significant revenue growth amid a high-interest-rate environment in…
By Ayomide Otitoju Wema Bank, Nigeria’s leading innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has reinforced its commitment to women’s empowerment by disbursing N11 million to 131 women across Nigeria in the Women’s Month draw of the Wema Bank 5 for 5 Promo. The draw, held on Friday, March 21,…
By Ayomide Otitoju Fidelity Bank Plc has reaffirmed its commitment to driving non-oil exports with the successful hosting of the 18th edition of its Export Management Programme (EMP 18). The initiative, held recently in Lagos, provided a platform for entrepreneurs to enhance their expertise and explore global trade opportunities. In partnership with the Lagos Business…
U.S. and Russian officials began negotiations in Saudi Arabia on Monday, aiming for a partial ceasefire in Ukraine, as Washington and Kyiv held separate discussions a day earlier. The talks come amid U.S. President Donald Trump’s push for a rapid resolution to the three-year war. While both sides have floated proposals for temporary ceasefires, hostilities…
Canada’s newly appointed Prime Minister, Mark Carney, has called for early parliamentary elections on April 28, pledging to counter U.S. President Donald Trump’s escalating trade and sovereignty threats. Carney, a former central banker, was chosen by the ruling Liberal Party to replace Justin Trudeau but has yet to face a national vote. He accelerated the…
By Ayomide Otitoju Nobel Laureate Prof. Wole Soyinka has dismissed public expectations for him to evaluate President Bola Tinubu’s administration, stating that he will speak at his own time and not on anyone’s schedule. “People should stop trying to work on my timetable for me,” Soyinka said on Channels Television’s The Morning Brief on Monday,…
By Ayomide Otitoju The Nigeria Customs Service (NCS), Murtala Muhammed International Airport (MMIA) Command, has intercepted $578,000 in undeclared cash concealed by an inbound passenger arriving from South Africa. The Customs Area Controller (CAC), John Harrison, made this known while addressing journalists on Friday at the command headquarters. He identified the suspect as Mr. Okorie…
By Ayomide Otitoju The Coca-Cola Foundation has improved access to clean water for over 16,000 residents in Borno State through its Strengthening Water, Sanitation, and Hygiene Service Delivery (S-WASH) initiative. In a statement, the Foundation highlighted that the initiative, implemented in collaboration with the Global Environment & Technology Foundation and WaterAid, involved rehabilitating boreholes, establishing…
By Ayomide Otitoju First City Monument Bank (FCMB) has expanded its reach with the inauguration of a new branch in Ogbomoso, aimed at enhancing financial inclusion and economic development in the region. Located along the Ogbomoso-Ilorin road, the branch was officially opened on March 12, 2025, in a ceremony attended by local leaders and community…
