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Author Archives: NewsThumb Magz

Youssou Ndour headlines UBA Africa Conversations 2022: Panellists Celebrate Continent’s Success Stories, Seek Collaboration to Bridge Culture Gap

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversations was established in May 2019 as a hallmark initiative in ... Read More »

allege financial fraud : Acting AGF, Nwabuoku Under Investigation For Corrupt Practices

Weeks after Accountant General of the Federation, Ahmed Idris was suspended for allegedly embezzling N80billion and President Muhammadu Buhari appointed Anamekwe Nwabuoku as Acting AGF, news filtered out that Nwabuoku is under probe for corruption. Nwabuoku who was newly appointed to overseer of the Office of the Accountant General of the Federation (OAGF), reportedly has a heavy corruption dossier and ... Read More »

Heirs Oil & Gas (HHOG) Reiterates Commitment to Global ESG Best Practices

Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment is the elimination of routine flaring from HHOGs OML 17 by 2025, in compliance with the Nigerian Government’s routine Flare Reduction/Elimination goal ... Read More »

MTN Nigeria closed with total market capitalization of N5.068 trillion … more valuable than all Nigerian Banks

Nigeria’s telecommunication giant, MTN Nigeria is now worth N5 trillion making it more valuable than all banks, insurance companies, and the entire financial services companies listed on the Nigerian Stock Exchange combined. This is according to market valuation data as of May 20th, 2022, tracked and compiled by Nairametrics from the Nigerian Exchange. As of Friday, MTN Nigeria closed with ... Read More »

Update : Motorcycle ban: Police to arrest riders, passengers, as part of measures to enforce the ban

The Police Command in Lagos State says it will arrest both motorcyclist and passenger as part of measures to enforce the ban on commercial motorcycle operations in the state. Its spokesman, Mr Benjamin Hundeyin, announced this on Saturday in his Twitter handle, monitored by the News Agency of Nigeria (NAN). “Under the new total ban of motorcycles in the six ... Read More »

Update : Legal Saga may delay appointment of new Alaafin, As Olanite royal family sued the governor, Others

The Olanite royal family sued the governor, Attorney General (AG) and Commissioner for Justice, and the Alaafin of Oyo (on behalf of the Atiba Traditional Council) in 2020. The family is seeking, among others, an order that the ‘Alaafin of Oyo Chieftaincy Declaration’ be ammended by the Atiba Local Government Area. The Alaafin affairs are currently under Atiba Local Government. ... Read More »

UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram

Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions – was first introduced in January, 2018. It has since ... Read More »

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