Connect with us

brand

UBA Foundation’s National Essay Competition 2020 brings out the finest young creative writers in a challenging year

Published

on

…. Ten out of the twelve  winners are girls

The UBA Foundation, the CSR arm of the United Bank for Africa, today, held its tenth annual National Essay Competition(NEC) in a virtual ceremony that was attended by high school students from across the nation. The UBA Foundation’s Education initiative has been changing lives for a decade as the tertiary education scholarship programme continues to impact the lives of many students and their communities.

For the fourth consecutive year, the females have been leading this competition with14 year-old Eshiet Abasiekeme of Bright Stars Model Secondary School from Akwa-Ibom state taking home this year’s winning prize.  Eshiet received an educational grant of N2,500,000.00 to study in any African university of her choice. She will also be supported throughout her educational career and beyond with constant mentoring by the UBA Foundation.

Abasiekeme who had joined the virtual event from her base in Akwa Ibom state in Nigeria, could not contain her excitement as she heard the announcement that she had won the first prize of the NEC 2020. “I feel honoured to be the winner of this year’s NEC, and I want to appreciate UBA and UBA Foundation as this will help towards my dream of becoming a lawyer,” she said proudly, expressing that she would like to go to university in Uyo in her home state.

The second prize was awarded to 14 year old  Mofoluwake Adesanya of Spring Forte-Lead College Lagos State, who won a N2,000,000 educational grant, whilst the third prize of N1,500,000 went to Abdulganiyy Habeebah, 16 years old. Abdulganiyy attends the International School, University of Lagos.  

Eshiet and the 11 other finalists, took home their brand new lap top computers to enable them continue to work competitively in a world that is rapidly becoming fully digitalised.

Congratulating all the winners at the final event of the competition, the Managing Director/CEO of UBA Foundation, Bola Atta, applauded all the participants for their exceptional brilliance.  She explained that the Foundation had taken into consideration the effect that the Covid-19 pandemic has had on lives and incomes across board and had increased the prize money by 33 per cent this year to help cushion any negative or inflationary effects.

Emphasising the driving force behind the annual competition, she said, “We are passionate about the annual NEC because it changes lives and helps to improve the quality of lives of students and their families. The NEC helps to improve the quality of writing and competitiveness amongst students. We have launched in more African countries this year and would have launched the initiative in 20 countries by the end of 2021. It is not just about writing essays, the ripple effect is really quite enormous, and we are glad that it is cascading to other countries where we operate.’ she said.

Also speaking at the opening of the event, the Group Managing Director/Chief Executive Officer of UBA Plc, Mr. Kennedy Uzoka,  commended all 12 finalists, expressing that UBA was happy to be touching lives and making a solid impact through its National Essay Competition, which is now in its 10th edition.  He was very pleased about the fact that more females again came out tops this year, adding that notwithstanding the constraints and challenges of 2020, the Foundation received the highest number of entries ever, at over 12,000 digital submissions’.

Uzoka who is also the Chairman, UBA Foundation said, “The NEC has been changing lives positively for 10 years, and we have awarded scholarships to students not just in Nigeria but in other parts of Africa like Ghana, Sierra Leone and Senegal.  Some of these students are already graduates and contributing meaningfully to their communities’.

To all 12 of you that have emerged finalists, I would like to congratulate you. If out of 12,000 entries you were able to make it to the top 12, that represents about 0.12% of the entries. You are no doubt, already a winner,” he continued.

UBA Foundation’s National Essay Competition is an initiative under the Education pillar of the Foundation. Now in its tenth year, the aim of the NEC is to ensure that more African youths have access to education. The programme also highlights the good quality of education that exists on the continent as it stresses that the grant must be used in any university of the winners’ choice on the African continent.

2020 UBAF TOP 12 FINALISTS

S/N NAME   POSITION
1 Eshiet Abasiekeme Eshiet   1st
2 Mofuluwake Adesanya   2nd
3 Abdulganiyu Habeeba   3rd
4 Emenugha Hannah Amarachi   4th
5 Ibem Marylyn Anya   5th
6 Ehibor Favour    6th
7 Nwabueze Regina Ugochi   6th
8 Dimaro Tamarapreye    7th
9 Ozoke Melvin Damian Uchenna    8th
10 Enobong Flourish David   9th
11 Chukwuma Light E. C.   10th
12 Stephen God’s Grant
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

brand

ZENITH BANK TO LAUNCH MAIDEN GIRL-CHILD EMPOWERMENT PROGRAMME

Published

on

Zenith Bank Plc is set to launch the maiden edition of its Girl-Child Empowerment Programme, an initiative aimed at inspiring young girls to dream boldly, develop the skills and confidence to pursue their aspirations, and prepare for meaningful opportunities in the future.

The event, themed “Banking On Her Tomorrow,” is the brainchild of the Bank’s Group Managing Director/Chief Executive Officer, Dame Dr. Adaora Umeoji, OON, the first female GMD/CEO in Zenith Bank’s history and a strong advocate for girl-child education and empowerment. The event will be held virtually on Monday, October 12, 2026, at 11:00 a.m., a day after the International Day of the Girl Child, observed globally on October 11.

The programme, which will feature an impressive lineup of distinguished experts in various fields, seeks to provide girls with the inspiration, knowledge and practical perspectives needed to navigate their education and careers, while exposing them to opportunities in skills development, mentorship and leadership. As an annual platform, it will encourage girls to recognise their potential, broaden their aspirations and equip themselves to make informed choices about their future.

The initiative builds on Zenith Bank’s longstanding commitment to women and girls, demonstrated through programmes and platforms including the Bank’s annual International Women’s Day Seminar, its sole sponsorship of the Zenith Women’s Basketball League, the Women of Honour Awards in partnership with the Ford Foundation, and the Pad-a-Queen Initiative. These complement the Bank’s women-focused financial solutions, including the Z-Woman initiative, an empowerment programme that supports women-owned and women-led businesses through specialised funding, capacity building and networking. Together, these initiatives reflect the Bank’s broader commitment to supporting women and girls at different stages of their lives, and to contributing meaningfully to national development.

This maiden edition is open to all, with girls, parents, educators and other members of the public invited to participate. Interested participants can register via the link below. Those unable to join via Zoom can follow the live stream on Zenith Bank’s social media platforms.

Continue Reading

brand

GTCO Plc Releases 2026 Half Year Audited Results …….. Reports Profit Before Tax of ₦603.03billion,Pays Interim Dividend of ₦1

Published

on

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).

The Group posted a profit before tax of ₦603.03 billion, driven by strong performance recorded on the interest and trading income lines, which grew y-o-y by 7.5% and 24.7%, respectively. The strong earningsrecorded was moderated by a ₦46.2 billion fair value loss recognized in H1–2026, limiting y-o-y growth in PBT to 0.4%.

The Group grew across its asset lines, reinforcing a balance sheet that is well structured, liquid and diversified. This growth was recorded in each jurisdiction where we operate a banking franchise, and across our Payments, Pension and Funds Management businesses.”

Group’s Total assets and shareholders’ funds closed at ₦18.6trillion and ₦3.3trillion, respectively. Capital Adequacy Ratio (CAR) remained very strong, closing at 34.9% (Bank 29.2%), and asset quality improved as evidenced by IFRS 9 Stage 3 Loans which closed at 3.5% and 4.6% % at both Bank and Group Level in H1-2026 (Bank -3.4%, Group 5.0% in FY-2025). Cost of Risk (COR) improved to 0.6% from 2.2% during the same period.

The Group’s Loan book (net) grew marginally by 0.5% from ₦3.13trillion as of December 2025 to ₦3.15trillion in June 2026, converse for improved performance on Deposit liabilities which grew by 10.3% from ₦12.87trillion to ₦14.19trillion during the same period.

Commenting on the results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCO Plc), Mr. Segun Agbaje, said; “Our half year results speak to the strength of what we have built: a resilient franchise, a strong balance sheet and a business that no longer depends on banking alone. Fair value movements weighed on reported earnings, but the core business held firm. Interest and trading income grew, deposits strengthened, and asset quality improved at Group level. The priority now is to execute with discipline and grow responsibly. Digital is our lever for scaling across Banking, Payments, Pension and Funds Management, and for building a more diversified and resilient financial services group.”

Overall, the Group continues to post one of the best metrics in the Nigerian Financial Services Industry in terms of key financial ratios i.e., Pre-Tax Return on Equity (ROAE) of 35.9%, Pre-Tax Return on Assets (ROAA) of 6.6%, Capital Adequacy Ratio (CAR) of 34.9% (Bank: 29.2%) and Cost to Income ratio of 31.5%.

GTCO Plc is a leading financial services group with operations across Africa and the United Kingdom. Renowned   for its strong corporate governance, innovative financial solutions, and customer-centric approach, the Group provides a wide range of banking and non-banking services including payments, funds management, and pension fund administration. The Group is committed to delivering long-term value to stakeholders while driving growth and development across its markets

Continue Reading

brand

ROAD TO THE CROWN: ZENITH BANK/NBBF WOMEN’S BASKETBALL LEAGUE FINAL 8 SET FOR LAGOS

Published

on

The road to the 2026 Zenith Bank NBBF Women’s Basketball League title reaches its defining stage as the nation’s top eight teams converge on the Indoor Sports Hall of the National Stadium, Surulere, Lagos, from September 28 to October 3, 2026, for the highly anticipated national Finals.

Emerging from fiercely contested Atlantic and Savannah Conference campaigns, Nigeria Customs, AS Sky Queens, Titans, Air Warriors, MFM, First Bank, Victoria Queens,and Bayelsa Blue Whales have earned their place in the final battle for national honours.

And there is plenty to look forward to.

Last year’s champions, Dolphins Basketball Club, who lifted the trophy after defeating First Bank in the final, will not be in the mix this year after failing to make the top 4 of the Atlantic Conference, leaving the title firmly up for grabs and setting the stage for a new champion to emerge.

But the trophy will be contested by teams with plenty of championship pedigree.

First Bank, last year’s finalist and the most successful team in the history of the competition, arrives with a record nine league titles, while MFM will be looking to draw on its recent dominance after winning back-to-back championships in 2023 and 2024. With both sides among the Final 8, history, experience and ambition will collide as the battle for the crown unfolds.

It is a level of competition that reflects the growth of a league that has, for more than two decades, provided a platform for Nigeria’s best female basketball talents to emerge, compete and develop. At the heart of that journey has been Zenith Bank, the sole sponsor of the National Women’s Basketball League since 2005.

Through its partnership with the Nigeria Basketball Federation (NBBF), Zenith Bank has consistently supported the development of women’s basketball, helping to provide and sustain a competitive platform where talents can be discovered, nurtured and prepared for the highest levels of the sport.

The league has also served as an important pathway to theNational Women Basketball team, D’Tigress, with several players who have featured prominently for Nigeria emerging from the domestic competition. Beyond the national team, the league continues to contribute to youth development by giving young female athletes the opportunity to build confidence, skill, discipline, teamwork and professional sporting careers.

Now, the spotlight turns to Lagos. Which team will grab theopportunity to write a new chapter in the history of Nigerian women’s basketball?

Eight teams. One destination. One crown.

For Zenith Bank, the sponsorship of the Women’s Basketball League represents more than support for a sporting competition. It reflects the Bank’s broader commitment to creating platforms that provide opportunities, develop potential and make a meaningful difference in the lives of young Nigerians.

This commitment extends across several areas of community development, with notable initiatives including:

• The reconstruction and beautification of Ajose Adeogun Street and Roundabout
• The annual Zenith Bank Youth Parade and Light-Up Ceremony
• The construction of ICT Centres in tertiary institutions across the country, and
• The construction of the ultra-modern Iga Iduganran Primary Healthcare Centre, among others.

Through these initiatives and its longstanding support for women’s basketball, Zenith Bank continues to demonstrate that its commitment to society goes beyond banking, with a focus on creating opportunities and contributing to the development of communities and the next generation.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved