ATIKU

Pan African banking Group, UBA has emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10thSERAs (Social Enterprise Report Awards) ceremony which held at the Muson Centre in Lagos Nigeria on Friday November 11, 2016. UBA Foundation, beat other nominees […]Read More

Foremost entrepreneur and business guru, Aliko Dangote has been named among three eminent Nigerians to be conferred with honorary degrees by the premier institution, the University of Ibadan. Others to be honoured according the University management are Prof. Niyi Osundare and Chief Jacob Olabode Ajao and they will be awarded the degrees during the 68 […]

Indigenous petroleum products refinery company, Azikel Refinery has concluded deals with Ventech Engineers International LLC Pasadena, Texas USA, to complete the final stages of its refinery in Nigeria. The contract was signed last Monday in Houston, Texas USA. Azikel Refinery is backed by Azikel Petroleum, a part of Azikel Group.  The group was among the […]

Transcorp Hilton Abuja has announced that it received the Signum Virtutis (seal of excellence) award in the hotels and resorts category in the 2016 Seven Stars Global Luxury Hospitality and Lifestyle Awards. A statement by the hotel on Sunday said it received the honour on Saturday at a ceremony held in Marbella, Spain. The statement […]

As part of its strategy to meet Nigeria’s gas requirements, Dangote Industries Limited (DIL) has recently completed the acquisition of Twister B.V., a company headquartered in the Netherlands. Twister B.V. delivers reliable, high-yield and robust solutions in natural gas processing and separation to the upstream and midstream oil and gas sectors. Twister’s unique separation capabilities […]Read More

The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorized dealer for foreign exchange proceeds to licenced Bureau de Change (BDC) operators in Nigeria. The announcement is coming on the heels of the Bank’s strengthened money transfer services as well as its strict compliance to CBN’s rules and directives on the sale of foreign exchange. […]Read More

Dangote Group has raised the alarm over the activities of online fraudsters, who are maliciously misrepresenting and misusing its brand image and that of its senior executives to defraud unsuspecting members of the public. The fraudsters according to the Dangote Group perpetuate their wicked act through popular social network sites and also through other channels […]

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable growth in both funding […]Read More

… Eritrea Blamed Ethiopia has accused elements in Eritrea and other countries of fanning the crisis in the country that culminated in the burning of factories owned by Nigeria’s Aliko Dangote and other foreign investors. In a statement today, Ethiopia accused elements in Eritrea, Egypt and other states  of arming, training and funding groups that […]

Aliko Dangote, president of Dangote Group, has dismissed rumours that he is planning to buy one of Nigeria’s national assets, the Nigeria Liquefied Natural Gas (NLNG). Dangote noted this while speaking to THISDAY reacting to criticisms that have trailed his advocacy for the sale of national assets. In an interview with CNBC Africa, the billionaire […]

The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at a ceremony for the signing of the Memorandum of Understanding (MoU) between the Ministry and the Foundation in Lagos on Tuesday, the Minister […]Read More

Africa’s leading Pan-African bank, recently hosted a cocktail reception for US and African business leaders at the Essex House in New York City. The event was held alongside the UNGA and right after the US – Africa Business Forum(USABF) which was organized by Bloomberg and the United States department of Commerce. The Chairman of UBA, […]