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Union Bank of Nigeria (“UBN”) was established in 1917 and is one of Nigeria’s long-standing and most respected financial institutions, offering a portfolio of banking services to individuals, SMEs, commercial and corporate clients.

Zenith, Access Banks express interest to acquire Union Bank

Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group.
Nigeria’s Minister of Youth and Sports Development, Mr. Sunday Dare, has held meeting with the chieftains of the Nigeria Football Federation in his resolve to sanitize the country’s football administration.

Minister: NYSC remains major promoter of national unity

The Minister of Youths and Sports, Sunday Dare, says all hands must be on deck to support the National Youth Service Corps as it has been a major promoter of Nigeria’s unity.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate pledges support for service chiefs to tackle insecurity

The Senate yesterday assured the Chief of Defence Staff (CDS), General Lucky Irabor, the service chiefs, Acting Inspector-General of Police (IG), Mr. Alkali Usman, and heads of intelligence agencies, of its readiness to ensure that they have all they need to tackle the worsening insecurity in the country.
The kidnapped wife of a traditional ruler in Oyo State, Funbi Ojo, has regained freedom from her abductors.

More Nigeria students kidnapped in fresh attack

An unknown number of university students have been kidnapped in the south-eastern Nigerian state of Abia.
15. President Muhammadu Buhari on Thursday said the registration of the National Identity Number and linking it to mobile numbers will help fight insecurity in the country.

President Buhari: NIN essential for winning war against insecurity

President Muhammadu Buhari yesterday described National Identification Number (NIN) registration by Nigerians as key to win the ongoing war against insecurity.
L-R: Katsina state Governor, Honourable Bello Masari. Kebbi’s state Governor, Senator Atiku Bagudu, Governor, Central Bank of Nigeria, Godwin Emefiele and President, Maize Farmers Association Bello Abubakar Annur (with Reflective jacket) at the Flag- off of the National Maize harvest and Loan Recovery and launching of 2020/2021 Dry Season Maize Farming in Katsina on Thursday, May 6, 2021

CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
1. Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.

VP Osinbajo: Nigeria’s unity must not be compromised

Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

NNPC: We’ll commission rehabilitated PHC refinery in 2023

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.
Aftermath of wanton destruction of lives and properties during #EndSARS protests, Speaker of the House of Representatives, Femi Gbajabiamila, has revealed that Lagos State required a minimum of N1 trillion to reconstruct the wilful extensive damage of properties across the metropolis.

Speaker Gbajabiamila: This democracy must not fail

Speaker of the House of Representatives, Rep. Femi Gbajabiamila has said that Nigerians, from all walks of life, whether in government or as professionals, must rededicate themselves to the protection of democracy.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Minister: JUSUN, PASAN strikes‘ll end soon

THE Federal Government yesterday expressed optimism that the ongoing strike embarked upon by the duo of Judicial Staff Union of Nigeria, JUSUN, and the Parliamentary Staff Association of Nigeria, PASAN, will end soon.
The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a sector worth over N300 trillion.

Lagos commodities exchange set to list first gold instrument

The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a sector worth over N300 trillion.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate assures service chiefs of support

The Senate has promised the Chief of Defence Staff (CDS), Service Chiefs, Acting Inspector General of Police (IG) and Heads of intelligence agencies in the country, of its readiness to do everything within its power to ensure that they have all they need to tackle the worsening insecurity situation in the country.

Official: Two of abducted Abia university students escape from abductors

Two of the Abia State University students who were abducted on Wednesday evening have escaped from their abductors, the Commissioner for Information in the state, John Kalu, has said.
The Financial Reporting Council of Nigeria (FRC) has issued new reporting guidelines to enable firms respond to prudential considerations in various sectors.

New FRC boss vows to enforce accounting standards in SEC, CBN, PenCom, others

The newly appointed Executive Secretary/Chief Executive, Financial Reporting Council of Nigeria (FRCN), Alhaji Shuaibu Ahmed, Thursday said he is committed to the enforcement of accounting standards, supervision and collaboration with regulatory supervisory bodies including the Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN) and the National Pension Commission (PenCom).
4. President Muhammadu Buhari on Thursday said the registration of the National Identity Number and linking it to mobile numbers will help fight insecurity in the country.

President Buhari: NIN will help us fight insecurity

President Muhammadu Buhari on Thursday said the registration of the National Identity Number and linking it to mobile numbers will help fight insecurity in the country.
The Minister of Youth and Sports Development, Mr. Sunday Dare, on has turned the heat on the Nigeria Football Federation (NFF) saying football in the country is going backward.

Sports minister sees off Nigeria relay teams to US

Nigeria’s preparations for the 2020 Tokyo Olympics has hit top gear as 16 athletes departed the Murtala Mohammed International Airport Thursday aboard Delta Airlines to Texas, United States of America (USA) where they will take part in some track and field meetings as they bid to qualify for the five relay events at the Games in Tokyo.
Lagos State University (LASU), Ojo has emerged the second position on the “Time Higher Education 2021 Emerging Economies University Ranking”.

LASU partners US varsity on teaching of GNS courses

Lagos State University (LASU), Ojo, has signed a memorandum of understanding (MoU) with Triune Biblical University, Global Extension, USA, on the teaching of General Nigeria Studies (GNS) courses in the institution. Newsmen report that the...
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Experts laud extension of CBN Naira4Dollar scheme

Experts on Thursday commended the Central Bank of Nigeria (CBN) for extending the Naira4Dollar scheme expected to close on May 8.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Sallah: Senate adjourns plenary until May 18

The Senate on Thursday adjourned plenary until May 18, to enable the members to observe the Sallah.
Governor Oluwarotimi Akeredolu of Ondo State has granted amnesty to 11 inmates serving various jail terms in correctional centres in the state to mark the beginning of 2021.

Ondo governor hails reforms in state’s justice ministry

Gov. Oluwarotimi Akeredolu of Ondo State has commended the Attorney-General and Commissioner for Justice, Charles Titiloye, for introducing reforms that will enhance justice delivery in the state.

Ekiti election: INEC warns political parties against premature campaigns

The Independent National Electoral Commission (INEC), on Thursday, warned political parties to desist from engaging in premature campaigns, ahead of the 2022 governorship election or risk being sanctioned.
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).

House summons finance minister, FIRS, others over loss of revenue to illicit financial flows

The House of Representatives has summoned the Minister of Finance, the Heads of the Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC), the Central Bank of Nigeria (CBN) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Nigerian Financial Intelligence Unit (NFIU), the Nigerian Export-Import Bank (NEXIM), and the Nigerian National Petroleum Corporation (NNPC) over the continuous loss of government revenue to illicit financial flows (IFFs).

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Ole Gunnar Solskjaer created history at Manchester United on Thursday night after the Red Devils knocked out Roma and qualified for this season’s Europa League final.

Ole Gunnar Solskjaer creates history at Manchester United after Europa League final qualification

Ole Gunnar Solskjaer created history at Manchester United on Thursday night after the Red Devils knocked out Roma and qualified for this season’s Europa League final.
Union Bank of Nigeria (“UBN”) was established in 1917 and is one of Nigeria’s long-standing and most respected financial institutions, offering a portfolio of banking services to individuals, SMEs, commercial and corporate clients.

Zenith, Access Banks express interest to acquire Union Bank

Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group.
Babajide Olusola Sanwo-Olu (born June 25, 1965) is a Nigerian politician and the current Governor of Lagos State.

Lagos to connect 100 schools to internet in May – governor

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday said the state government would connect no fewer than 100 schools to internet by the end of May.
Nigeria’s Minister of Youth and Sports Development, Mr. Sunday Dare, has held meeting with the chieftains of the Nigeria Football Federation in his resolve to sanitize the country’s football administration.

Minister: NYSC remains major promoter of national unity

The Minister of Youths and Sports, Sunday Dare, says all hands must be on deck to support the National Youth Service Corps as it has been a major promoter of Nigeria’s unity.

President Buhari suspends NPA chief

Minister of Transportation, Hon. Rotimi Amaechi’s two-year plot to shove aside Managing Director of Nigerian Ports Authority (NPA), Ms. Hadiza Bala-Usman, materialised last night as President Muhammadu Buhari approved his request to suspend her with immediate effect, according to a national daily.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Ekiti student caught over ‘attempt to use roommate for ritual’

A student of Ekiti State University (EKSU) Ado-Ekiti, was caught with fetish items while allegedly trying to use his roommate for money ritual.
International Press Centre IPC

IPC, others express worry over National Assembly’s delay of electoral reform process

A coalition of media and civil society stakeholders, including the International Press Centre (IPC) and nine others, has expressed worry over their perceived delay by the National Assembly in concluding the electoral reform process which commenced last year.
election inec nigeria

Lagos council poll: LASIEC cautioned against conducting elections in 37 LCDAs

Ahead of the forthcoming local government election in Lagos State, a group, United Foundation for Survival and Sustainability, has cautioned the Lagos State Independent Electoral Commission (LASIEC), against conducting the poll in 37 Local Council Development Areas (LCDAs).
The Supreme Head of the Cherubim and Seraphim Unification Church of Nigeria, His Most Eminence, Prophet Dr Solomon Adegboyega Alao, has called on Christians and Moslems to pray against the disintegration of Nigeria.

C&S leader calls for prayer against disintegration of Nigeria

The Supreme Head of the Cherubim and Seraphim Unification Church of Nigeria, His Most Eminence, Prophet Dr Solomon Adegboyega Alao, has called on Christians and Moslems to pray against the disintegration of Nigeria.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

May Day: Atiku Abubakar laments workers’ plight

Former Vice President of Nigeria, Atiku Abubakar, yesterday decried what he called the persistent and frightening economic decimation of the Nigerian working class in the face of economic hardship and poor living conditions.