Eziaku Esther emerges winner of UBA Foundation’s NEC 2021

Photo Caption: Group Managing Director/ Chief Executive Officer, United Bank for Africa, (UBA) Plc, Kennedy Uzoka; 1ST Prize Winner, 2021 UBA National Essay Competition, Eziaku Esther Enwereuzo, (Middle)  and Managing Director/ Chief Executive Officer, UBA Foundation, Bola Atta at the grand finale of the UBA Foundation, National Essay Competition for Secondary Schools, held at UBA House, Marina, Lagos on Tuesday.  UBA Foundation, the CSR arm of the United Bank for Africa (UBA) Plc, on Tuesday, held the Grand finale of its eleventh annual National Essay Competition (NEC) at the Tony Elumelu…

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Charles O’Tudor releases nuggets for future of audacious branding

Photo Caption: Martins Iluyomade (CEO and Founder of Aimart International),Daughter of Mrs Unyime King, Mrs. Unyime King, Charles O’Tudor (The GroupPrincipal Consultant of ADSTRAT BMC), Lanre Olusola (Chief Catalyst at OlusolaLanre Coaching Academy), Olawale Ayilara (CEO/Founder, Landwey Investments). The just concluded season 05 of the Charles O’Tudor Brand Masterclass was a huge success as brilliant minds and industry thought leaders were present to stimulate the minds of the audience, which was a mix of young entrepreneurs and business moguls in the corporate world. Thought leads present were Mr. Fela Durotoye…

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Nigeria’s tax to GDP ratio only accurate when all revenue generated at national, sub-national levels are included -FIRS

The Executive Chairman of the FIRS, Muhammad Nami has highlighted the need to include all revenue generated at the national and sub-national levels in order to properly determine the accurate computation of Nigeria’s tax-to-GDP ratio.    He stated this in his welcome remarks at the “National Symposium On Taxation And Challenges Of External Shocks: Lessons and Policy Options for Nigeria,” on Monday, organised by the Federal Inland Revenue Service (FIRS) in collaboration with the Usmanu Danfodiyo University, Sokoto (UDUS) at the Transcorp Hilton Hotel Abuja.   “One of the recurring…

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Senate Directive: AMCON to publish debtors’ list in January

The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio in national newspapers. Recall that the Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani (Kaduna Central) last week directed AMCON to publish again, the names of all debtors including prominent Nigerians who are frustrating the effort of AMCON at fulfilling its debt recovery mandate. But as a responsible corporate citizen, the Management of…

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Ebenezer Onyeagwu named “CEO of the Year” as Zenith Bank emerges Most Responsible Organisation in Africa

Zenith Bank’s Group Managing Director/CEO, Mr. Ebenezer Onyeagwu, has emerged CEO of the Year for a second consecutive year at the Sustainability, Enterprise and Responsibility (SERAS) CSR Africa Awards held at the weekend in Lagos. According to the judges, he was selected for a number of reasons, including engendering a culture that promotes the continued investment in social initiatives in support of the United Nations Sustainable Development Goals (SDGs). Under his leadership, the Zenith Bank’s social investments totalled NGN3.285 billion in 2020, representing nearly 2% of the Bank’s profit after…

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UBA Group wins ‘African Bank of the Year’, dominates 2021 Banker Awards

United Bank for Africa (UBA) Plc yet again, reaffirmed its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global finance news publication published by the Financial Times of London. UBA’s solid financial performance, its excellent service delivery to customers and its continuous role of facilitating rapid economic growth across the African continent were some of the reasons that led to the bank being named best bank in 12 of its African subsidiaries and…

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Stanbic IBTC Pension reiterates commitment to promoting African Art at Art X Lagos

In line with her commitment to promote and drive Africa’s arts and cultural growth, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has reiterated its commitment to the advancement of arts in Africa. The Pension Fund Administrator (PFA) sponsored one of this year’s Art X talk sessions themed “Beyond Collecting: Building an Ecosystem”. The session featured a panel that included Hakeem Adedeji, Founder, Kobomoje Artist in Residence; Kavita Chellaram, Founder, Art House Contemporary Auction House and Kó Gallery; Prince Yemisi Shyllon, Founder/CEO, Omooba Yemisi Adedoyin Shyllon Art Foundation,…

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Why Nigeria did not sign OECD Minimum Corporate Tax Agreement — FIRS

The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy.   The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion and profit shifting, and providing for the taxation of Multinational Enterprises (MNEs). Four member countries of the Inclusive Framework (Nigeria inclusive), out of 140, have not agreed to the Two-Pillar solution.   Nigeria’s reasons for not agreeing to the…

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UBA Foundation projects message of hope, encouragement as Uzoka lights up Foundation’s Garden ahead of Yuletide

Photo caption: L-R: Group Head, Customer Fulfilment Centre(CFC), United Bank for Africa Plc, Prince Ayewoh; Group Head, Personal Banking and Retail Liabilities, Ogechi Altraide; Deputy Managing Director, Oliver Alawuba; Group Managing Director/CEO, United Bank for Africa Plc, Mr. Kennedy Uzoka; Executive Director, Chiugo Ndubisi;  UBA Foundation, Bola Atta;  Head, Commercial and Corporate Banking, Muyiwa Akinyemi; and Head of Operations, Alex Alozie, at the  2021 Christmas and New Year Light Up Ceremony of UBA Foundation, Garden, by  UBA Foundation at Marina, Lagos on Friday   United Bank for Africa, through its…

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Stanbic IBTC Capital wins multiple honours at 2021 EMEA Awards

Stanbic IBTC Capital Limited, a subsidiary of Stanbic IBTC Holdings PLC, has won four awards in different categories at the 2021 Europe, Middle East, and Africa (EMEA) Finance African Banking Awards yet again. Stanbic IBTC Capital emerged winner in the Best Investment Bank in Nigeria, Best Debt House in Nigeria, Best Loan House in Nigeria and Best Mergers and Acquisitions House in Nigeria award categories. The EMEA Finance Banking Awards, now in its 14th edition, recognises the achievements of top commercial and investment banks as well as asset management and…

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