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Winners Emerge In UBA NEC Competition, As GMD Extols Values Of Reading

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Winners have emerged in the fifth edition of the UBA Foundation National Essay Competition for Senior Secondary Schools in Nigeria.

In a keenly contested competition, Miss Emediong Uduak Uko, a 15 year old student of British Nigerian Academy, Abuja, won the coveted prize of N1m education grant.

Emediong emerged the winner from over 3,326 entries received across the country.

Starish Ugie-Oritse-Ete Enonuya of The Lagoon School, Lagos and Eze Ugochinyere Golden of Living Word Academy School, Abia, emerged first and second runner ups, winning N750,000 and N500,000 educational grants respectively.

Speaking during the event at the bank’s headquarters in Lagos, GMD, Phillips Oduoza, commended all the participants and the schools for encouraging the students.Oduoza explained that the digital age of technology called for increased interest in reading culture among youths, adding that this had led to the decision of UBA, through its foundation, to begin the Essay Competition.

He said, “UBA Foundation believes in sustainability and in supporting of the environment where we operate, and that is why we have earmarked a certain percentage of our profit to this end.

He noted that the competition which started in 2011 in Nigeria had also be extended to Ghana and Senegal which had also produced winners in the last few years.

Stressing the nuggets for success, he said, “Reading is essential to broaden your knowledge and horizon and most importantly youths should maintain self-discipline and ensure that they determine their career part and get mentors to assist them in their goals.

He also explained that the bank remains committed to dedicating resources towards grooming world leaders, because UBA believes so much in the youth and their ultimate success.

On her part, the MD/CEO, UBA Foundation, Miss Ijeoma Aso, commended the participants and expressed delight at the increase level of participation recorded this year.

She said, “compared to the last edition, we had an increase of almost 100 per cent in the number of entries received, and this shows that there is a growing level of awareness amongst the youth.”She added that the impact of UBA Foundation is being felt by many educational institutions and communities in Nigeria.

According to her, the initiative is not only to test the aptitude and knowledge of our students but has become a pipeline to groom future UBA Ambassadors, adding that the winners who would go to any university of their choice in Africa would remain part of the UBA family provided they are of good behavior and remain focused.

“In UBA we appreciate and nurture talents. All the finalists here today have opportunity to excel in life and UBA is delighted to play a part in the process,” she noted.

The 12 finalists selected by a panel of judges made up of professors from reputable Nigerian Universities are; Ayomide Omole; Udochukwu Melvin Okonkwo; Emediong Uduak Uko; Jonathan Favour; Obiabunmo Precious and Starish Ugie-Oritse-Ete Enonuya. Others are Comfort Macaulay Uwem; Dada Oluwatobi Joshua; Osagiede Omosefe; Olaoye Promise Oluwatobiloba; Eze Ugochinyere Golden and Peter G Okon.

Each of the 12 finalists received a laptop as a consolation prize for getting to the final of the competition.

As a the CSR platform for the UBA Group, UBA Foundation works through four areas of focus, education, economic empowerment, environment and special project. Communities across Nigeria and other parts of the continent continue to benefit from the foundation through these focus areas.

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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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