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Author Archives: seun

OPINION: THE MUCH ADO ABOUT SARAKI By Omoniyi Idowu

It is a shame that a party that enjoyed popular votes in the last elections is, like a snake, determined to destroy itself from the inside. And then it is true the saying that when two elephants fight, the green grass suffers. Unfortunately in our own case, our grass is not green. It’s now a popular opinion everywhere that the ... Read More »

UBA Reinforces Its Customer Focus, Honours Staff Integrity

    Lagos, 8th April 2017 – The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to implement the Bank’s core values of Enterprise, Excellence and Execution.   At the event held at the Eko Hotel Expo Centre, Lagos, Nigeria, UBA gathered customers, captains of industry, ... Read More »

OKOBABA SAWMILL: COURT AFFIRMS STATUS OF TIMBER DEALERS

  The Federal High Court, sitting in Lagos, on Tuesday April 11, 2017, assumed jurisdiction over the case filed by Okobaba Timber Dealers, Sawyers, Towing Vessel Owners and other stakeholders over the proposed demolition and relocation from the Okobaba Foreshore. Exactly a year ago on April 11, 2016, the Timber Dealers had filed an action before the court, to challenge ... Read More »

LAGOS MOVES TO STEM SUICIDE ATTEMPTS, PROVIDES HELPLINES

The Lagos State Government has expressed concern on the growing incidences of suicide attempts and as such has promised to educate members of the public on suicide and common causes with a view to stemming the spate of suicides and suicidal attempts recorded in the State in the past few weeks. The State Commissioner for Health, Dr. Jide Idris, made ... Read More »

STRESS TEST: ZENITH, LARGER BANKS MORE RESILIENT, FITCH SAYS

STRESS TEST: ZENITH, LARGER BANKS MORE RESILIENT, FITCH SAYS   The stress test conducted by the Central Bank of Nigeria (CBN) has confirmed the resilience of large banks to withstand stresses over smaller banks, even as it singled out Zenith Bank Plc for its strength in comparison to others   Citing a Financial Stability Report for December 2016, published recently, ... Read More »

UBA Delights Shareholders; Distributes N27.2bn in Dividends

UBA Delights Shareholders; Distributes N27.2bn in Dividends Lagos, Nigeria; 06-04-2017; The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial ... Read More »

AU declares 2017 AFRIMA open on May 2

The calendar of events for the 2017 All Africa Music Awards (AFRIMA) in partnership with the African Union will be formally opened on Tuesday, May 2 at a joint AUC-AFRIMA cultural conference to be held in Johannesburg, South Africa. The 2017 entry submission timeline for the prestigious continental awards will also be revealed at the joint conference expected to have ... Read More »

LAGOS TERMINATES CONTRACT FOR BADAGRY 48-ROOM HOTEL PROJECT

The Lagos State Government has terminated the contract for the construction of a 48-bedroom hotel project at the VIP chalets in Badagry, which was awarded in 2013 to Messrs. Anatolia International Limited. The project is currently being promoted as part of measures by the Ambode-led administration to boost tourism within the Badagry axis. A statement issued on Thursday by the ... Read More »

CODELAGOS WILL TRAIN ONE MILLION LAGOSIANS ON COMPUTER PROGRAMMING- BANK-OLEMOH

CODELAGOS WILL TRAIN ONE MILLION LAGOSIANS ON COMPUTER PROGRAMMING- BANK-OLEMOH Special Adviser to the Lagos State Governor on Education, Mr. Obafela Bank-Olemoh on Thursday said the CodeLagos Programme, billed to be launched later this month will train one million Lagosians on computer programming. Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh who disclosed this at the commencement of ... Read More »