Finance & Investment

DELTA AIR LINES has today reported financial results for the December quarter and full year 2020 and provided its outlook for the March quarter 2021.Highlights of the December quarter and full year 2020 results, including both GAAP and adjusted metrics, are on page five and are incorporated here. According to Delta CEO, Ed Bastian 2020 was one of the airline’s …

FOR the first time in seventy-one years, leading financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting (AGM) virtually by proxy on Wednesday, April 29, 2020 paying N1 per 50 kobo shares to shareholders as it promised the previous year despite the ravaging COVID-19 pandemic. This is just as the Bank’s stakeholders commended the Board of …

UNITED States 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. This partnership ensures businesses are equipped with the technical and financial tools they need to enter into new trading and investment relationships in Africa …

UNITED Bank for Africa (UBA) Plc is deepening intra-African trade with the official launch of UBA Connect, a flagship product that enables the customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates. The service, which is available to both customers and non-customers alike, will not only encourage …

NO fewer than 2000 female entrepreneurs have benefitted from Heritage Bank’s financial inclusivity initiatives, as the institution has moved them towards self-reliance by engaging them in some Micro, Small and Medium Enterprises (MSMEs) This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage Bank Plc is partnering with a Non-Governmental Organization, Prime Women …

FEDERAL Government has urged banks to re-strategize on their risk management methods in the sector as the use of huge intervention funds may not be sustainable in the financial system and would increase their weaknesses. Vice President, Yemi Osinbajo, who spoke at the Nigeria Deposit Insurance Corporation’s 30th anniversary lecture/book launch, on Monday in Abuja bemoaned the huge funds used …

MANAGING Director/ Chief Executive of Heritage Bank, Mr Ifie Sekibo, that while the Bank Verification Number (BVN) has been able to create a form of identification in the country, government still needs to work towards creating a credible and strong identity management towards expanding access to credit. Sekibo made this known at the 2019 Annual Conference of Finance Correspondents Association …

PAN-AFRICAN financial services institution, United Bank for Africa (UBA) Plc, is partnering the Lagos Chamber of Commerce and Industry(LCCI), to organize the 2019 edition of the Lagos International Trade Fair and is giving a 20% discount to its Small and Medium business customers who register to attend the fair. The Fair, which holds between November 1st and 10th, 2019, is …

150 SME owners from across 20 African countries exhibit at the UBA Marketplace AT the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and youth empowerment were the key themes tackled at the Forum. …

invests another N100m to train 20 Nigerians at NCAT BRISTOW Helicopters (Nigeria) Limited has once again taken a significant step towards its ongoing initiatives and commitment to training and human capacity development in the Nigerian aviation industry, revealing that it has committed well over N250million to the training of its staff. The airline has also revealed that it is, in …