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UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour

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In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, on Thursday joined the world to celebrate the 2017 Africa Day across the 19 African countries of operations with the theme: ‘Africa, the new Frontier.’

Africa Day is dedicated to celebrating the diversity of the African continent, as well as to highlight the cultural and economic potential that exists on the continent. UBA Staff celebrated the day in grand style as they dressed to work in a display of the best of Africa’s rich attire.

At the bank’s head office in UBA House on Marina, Lagos, Nigeria, there was an unusual welcome for staff, as they were ushered into the building with a rendition of traditional African music and unique African themed decorations adorning the building, thus presenting special ambience to the celebration for a bank that takes huge pride in its African heritage. There was also excitement in the air, as a lot of things to celebrate the African heritage was also on display and staff were treated to various African meals and snacks throughout the day in their offices.

The highlight of the day was the crowning of the best dressed male and female in African attires, who emerged from votes cast by staff. Two staff emerged winners and were rewarded with an all-expense paid trip to Seychelles.

The three winners selected from both the male and female categories were given cash prices amounting to about N350,000, while the best dressed female, Mrs. Ebeano and Mr. Abdullahi were rewarded with an all-expense paid trip to Seychelles.

The Deputy Managing Director, UBA Plc, Mr. Victor Osadolor, who spoke at the ceremony to announce the winners, reiterated that UBA is a core African bank with deep African roots that has continually supported the continent in various ways over the years. He added that the bank remained proud of its African heritage.

He said, “We at UBA celebrate Africa Day with the rest of Africa, we are Africa, United by one Bank, and it is important to note that just as Africa has come a long way, UBA has also come a long way in putting her footprints in Africa. As of now, we have over 125 branches in Africa selling Africa to the world. We are one of the biggest employees in the continent, and we have been supporting a lot of credit facilities and infrastructural development i Ghana, Zambia, Cote d’Ivoire and other key economies; we are also sponsoring the building of the stadium in Cameroon to be used for the African Nations cup, the building of a plaza in Ghana, as well as other key investments because we believe in this continent and know that infrastructure is key to the success of any continent.”

It will be recalled that the African Diplomatic Group, an association of African group of Ambassadors and High Commissioners to the Federal Republic of Nigeria recently commended UBA for the sponsorship of the upcoming 54th Africa Day Celebration. In a letter addressed to the Group Managing Director/CEO, Mr. Kennedy Uzoka and dated 23rd January 2017, appreciating the bank’s support, the High Commissioner of Rwanda, Ambassador Stanislas Kamanzi praised UBA for sponsoring the celebration of the 54th African Day.

Africa Day, formerly Africa Freedom Day and African Liberation Day, is the annual commemoration of the foundation of the Organisation of African Unity (OAU) usually celebrated every May 25th and UBA celebrates Africa Day annually in line with the official celebration by African nations, reiterating its long-held belief that the future belongs to African continent leveraging on the occasion to rekindle the African spirit that drives the group’s vision to be a dominant financial services provider on the continent financing the continent’s emergence as a recognizable economic power.

United Bank for Africa (UBA) Plc is a leading Pan-African financial institution, offering banking services and customer touch points in 19 African countries. With presence in New York, London and Paris, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross border payments and remittances, trade finance and ancillary banking services.

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Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi

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As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

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FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO

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In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.

 

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Federal Government Orders University Vice-Chancellors To Reopen Schools, Begin Lectures Amid 7 Months Lecturers’ Strike

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The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

The Nigerian government has directed vice-chancellors to re-open universities and allow students to resume lectures immediately.

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

 

The letter which The PUNCH obtained on Monday, was reportedly addressed to all vice-chancellors; Pro-Chancellors and chairmen of governing councils of federal universities.

 

“Ensure that ASUU members immediately resume/commence lectures; Restore the daily activities and routines of the various University campuses,” the letter partly reads.

We had reported that the National Industrial Court of Nigeria (NICN), on Wednesday, September 21, 2022, ordered the Academic Staff Union of Universities (ASUU) to call off its ongoing nationwide strike.

 

It reported that the umbrella body of the lecturers in public universities had declared a warning strike on February 14, to force the Nigerian Government to implement agreements it earlier signed with the union.

 

The agreement stipulated how university education would be funded for better improvement.

 

The strike has since rolled over and is now in its seventh month following the government’s failure to implement all the agreements.

 

Several meetings between ASUU and the Federal Government have ended in a deadlock.

 

Consequently, the Federal Government went to court to challenge the strike.

 

The government through its counsel, James Igwe, prayed the court for an interlocutory injunction restraining ASUU from taking further steps as regards the strike, pending the determination of the substantive suit.

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