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Tag Archives: United Bank for Africa Plc

Lafarge, Access Bank, Seplat, UBA now members of NSE premium board

NSE Logo 22

The Nigerian Stock Exchange (NSE) on Monday put paid to its earlier announcement that the quartet of Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc have satisfied all protocols to become prestigious members of its Premium Board by admitting them. The NSE Premium Board and the associated Premium Board Index were ...

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TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme

TEF 2018

The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th ‎cycle selection was made out of over 151,692 applications received from around 114 countries in the continent as part of the ongoing 10-year, $100 million TEF Entrepreneurship Programme. A ...

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Some banks (Tier-2) at risk of going down should dollar hit N450— Fitch Report

naira dollar

—UBA, Zenith, Access, 2 others strong A recent stress test conducted by leading international financial surveillance agency, Fitch Ratings has indicated that some tier-2 banks (banks with total assets less than N2tn) will fall below the capital adequacy ratio of the Central Bank of Nigeria should the naira depreciate to 450/United States dollar. The agency was quick to aver that ...

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Sanusi, Elumelu give antidote on how to reduce spending, grow economy

Elumelu Sanusi

Two leading economic experts, former Governor of the Central Bank of Nigeria, Emir of Kano, Muhammadu Sanusi II and the Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, have advised the National Assembly to give priority to bills capable of moving the economy forward. Speaking in Abuja shortly after they were conferred with the Fellowship of the Nigerian Economic ...

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