Business Hilights

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UBA

UBA sponsored RedTV Men’s Club for re-launch July 22

No doubt, the RedTV Men’s Club are back with a big bang and will formally launch on July 22, an indication that the Boys are Back In town! The organisers said “Whist they may not necessarily be bringing music, they…

UBA Rewards 100 customers with N100,000 amid COVID-19 Meltdown

UBA Gives customers reason to Cheer ….100 customers rewarded with N100,000 Each. Pan African Financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer  as  it  rewarded 100 loyal customers with N100,000 each…

Q1: UBA records 8.5% growth in profitability

UBA PLC recently released its audited Q1-20 unaudited numbers, which showed that the bank recorded an 8.5% y/y growth in profitability in the first quarter of the year. We like that the bank recorded decent growth in interest and non-interest…

wale-adenuga-glo
ICT

Boston Consulting Group lists Glo, others as driver of African integration, growth

A global management consulting firm, Boston Consulting Group (BCG), has named Nigeria telecommunication giant, Globacom, as one of the African companies pioneering economic integration across the continent. In a report entitled, ‘Pioneering One Africa: African Corporations Trail-blazing across the Continent’,…

Nigerian Stock Exchange upgrades Access Bank, UBA, Lafarge, Seplat to premium board

The Nigerian Stock Exchange (NSE) on Thursday made public plans migrate leading stocks including Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board on Monday, April 16, 2018….

Nnanna Etisalat
ICT

How Barclays suddenly become advisor in sale of 9Mobile

Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…