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United Bank for Africa

USAID, UBA sign MoU to advance two-way trade between USA, Africa

U.S Agency for International Development (USAID), through the Prosper Africa initiative, is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.
Nigerian Stock Exchange NSE

Investors shift to penny stocks as decline continues

Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market continued to mitigate share prices of most large and mid-cap stocks.
Nigerian Stock Exchange NSE

NSE opens February trading with N160 billion loss

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as investors’ sentiment remained weak.
Nigerian Stock Exchange NSE

NSE: Market indicators extend losing streak, drop 0.27 per cent

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.
UBA - United Bank for Africa

UBA announces board appointments

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.

Tony Elumelu: Africa needs massive capital investment in power, human resources to drive economic...

The Chairman, United Bank for Africa (UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu, has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent.
Nigerian Stock Exchange NSE

NSE: Trading defies inflation figure, index up 0.90 per cent

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Nigerian Stock Exchange NSE

NSE records first loss in 2020

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.
Nigerian Stock Exchange NSE

Trading moderates on NSE, indices appreciate marginally by 0.07 percent

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
Nigerian Stock Exchange NSE

Trading sustains upward trend on NSE, market capitalisation crosses N13 trillion mark

The market capitalisation of the Nigerian Stock Exchange on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote’s fortune increased by $4.3 billion in 2019

African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as against his previous ranking of 103rd in the world.
Nigerian Stock Exchange NSE

NSE market indices sustain growth amid investors interest in heavyweight

The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.
Nigerian Stock Exchange NSE

NSE indices in bullish run, up 0.60 percent

The Nigerian Stock Exchange (NSE) crucial market indices opened trading yesterday with a 0.60 per cent appreciation following rising interest in banks securities. Specifically, the market capitalisation which opened at N12.807 trillion early in the day, rose by N77 billion or 0.60 per cent to close at N12.884 trillion.
Nigerian Stock Exchange NSE

NSE market indices resume trading upbeat, inched 0.60 percent

The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week on Monday with a growth of 0.60 per cent following enhanced bank in interest.
The Economic and Financial Crimes Commission (EFCC) said it does not want bail for a former Chairman of the Pension Reform Task Team, Abdulrasheed Maina, because he might escape.

Pensions scam: Witness narrates how Abdulrasheed Maina’s son withdrew N58 million

An EFCC operative, Mohammed Goji, on Monday, revealed how Faisal Maina, son of Abdulrasheed Maina, former Pension Reform Task Team boss, withdrew N58 million from a United Bank for Africa (UBA) account.
The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.

Man jailed 10 years for N37 million fraud

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, sentenced one Jules Suinner to 10 years imprisonment for N37m fraud.
A former Independent National Electoral Commission (INEC) Chairman Prof. Maurice Iwu has arrived the Federal High Court in Lagos for his arraignment.

Judge’s absence stalls Maurice Iwu’s N1.2 billion fraud case

The scheduled N1.23bn fraud trial of a former Chairman of the Independent National Electoral Commission, Prof Maurice Iwu, was stalled on Monday as the trial judge, Justice Nicholas Oweibo, did not sit.
Nigerian Stock Exchange NSE

NSE crucial market indicators end with 0.03% growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.

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Ole Gunnar Solskjaer: Paul Pogba belongs to Mancheste United, not his agent Mino Raiola

Ole Gunnar Solskjaer has warned Paul Pogba’s agent Mino Raiola that it is the club who will decide the French World Cup winner’s future.
Vincent Enyeama has labelled Victor Osimhen’s Lille goal in Sunday's 2-1 defeat to Olympique Marseille as at a very high level.

Vincent Enyeama hails Victor Osimhen’s ‘very high level’ goal vs Olympique Marseille

Vincent Enyeama has labelled Victor Osimhen’s Lille goal in Sunday's 2-1 defeat to Olympique Marseille as at a "very high level".
Buhari Media Organisation (BMO)

BMO: Nothing will stop us from promoting government programmes

The Buhari Media Organisation (BMO) says nothing will deter it from promoting laudable activities of the Federal Government.

ADF rejects community policing plan for South-East

The Alaigbo Development Foundation (ADF) has rejected a community policing proposal for the South-East region.
Aisha Falode

NWFL: Why we should get a percentage of FIFA’s $194K largesse to clubs

The board of the Nigeria Women Football League (NWFL) headed by Aisha Falode at the weekend came out strongly to make a case for the league board to be given a percentage of the FIFA largesse to Nigerian clubs whose players were paraded at the 2019 FIFA Women’s World Cup.