First Bank

Saturday, April 29, 2017

UBA Group Starts Strong In 2017, Grows Profits By 41% In First Quarter

The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines.

Following a

Friday, April 28, 2017

President Muhammadu Buhari Will Not Resign Over Ill Health Controversy Handlers Insist

The Presidency has ruled out the possibility of President Muhammadu Buhari resigning his position over his ill health as being suggested by some Nigerians.
In an

Thursday, April 27, 2017

Speculation As Many Wonder Whether President Muhammadu Buhari Would Attend Wedding Of Favourite Nephew Tunde Shuaibu On April 29

There is unprecedented thrill in the socio-political arena. Nigeria’s circle of the filthy rich is agog like medieval Rome in the throes of Caesar’s wedding party. Barring any last minute hitch, President Buhari’s nephew, Tunde Shuaibu, is set to marry  in

Sterling Bank Caught In Turbulence Talks Of Mass Sack Of Workers

Whoever believes that the bank is mightier than the storm should ask the management and staff of Sterling Bank. They probably know better. As you read, Sterling Bank is caught in the turbulence of steep and unforgiving commerce.

Wednesday, April 26, 2017

Reps Give Police 24hrs Ultimatum To Return Budget Documents Carted Away In Raid Of Senator Danjuma Goje’s Home

The House of Representatives has given the police 24 hours to return all documents relating to the 2017 appropriation bill allegedly carted away from the residence of a senator, Danjuma Goje, who heads the Senate committee on appropriations.

The House also condemned in strong terms, the invasion of Mr. Goje’s residence by

Tuesday, April 25, 2017


The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking place on April 29, 2017 in the Grand Ballroom of Eko Hotels & Suites, Lagos, Nigeria.  The Masterclass is a prelude to the Runway Jazz Concert, a special celebration of the International Jazz Day. 


Powered by UBA,

Sunday, April 23, 2017

Isiaka Adeleke, Senator From Osun State Dies In Osogbo Hospital After Suffering Heart Attack

Isiaka Adeleke, senator representing Osun west, is dead.

Adeleke reportedly died on Sunday morning at

Private Jets Litter Misau In Bauchi State As Presidential Delegation, Political & Top Oil Players Storm NNPC M.D Maikanti Baru’s Mother’s Burial Ceremony

Like tiny droplets that precede the hammering rain, the guests meandered into the rustic ambiance of Misau, Bauchi State. But unlike the proverbial rain droplet, each guest loomed large in reputation and acclaim thus making the assemblage a gathering of nobles, political and oil business titans. They had all travelled to Misau in honour of Maikanti Baru, incumbent MD of the NNPC,

Friday, April 21, 2017

Sahara Energy’s Tonye Cole’s Alleged Guber Ambition Causing Ripples In Rivers APC

Sahara Energy’s co-founder, Tonye Cole’s plan to be the governorship candidate of All Progressive Congress, APC, in Rivers State come 2019 is causing crisis in the party in the state.
A newcomer in politicking, the oil magnate

Thursday, April 20, 2017

Why Vice President Yemi Osinbajo Met With Security Chiefs In His Office

Vice-President Yemi Osinbajo on ‎Thursday met with Lawal Daura, director-general of the Department for State Services (DSS), Ibrahim Idris, inspector-general of police (IGP) and Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).

Abubakar Malami, attorney-general of the

All The Details Of UBA’s Outperformance Of All Banking Stocks

United Bank for Africa (UBA) Plc outperformed all banking stocks in the first quarter of 2017 with a share price appreciation of 28.22 per cent. It had recorded the second highest price gain of 33.1 per cent in 2016, just slightly under three points behind Guaranty Trust Bank (GTB), which led the sector with 35.9 per cent.


How President Muhammadu Buhari Sealed Suspended NIA Boss Oye Oke & SSG Babachir Lawal’s Fate After 2 Late Night meetings With His Kitchen Cabinet

President Muhammadu Buhari suspended Secretary to the Government of the Federation Babachir Lawal and National Intelligence Agency (NIA) Director-General Ayo Oke after two meetings with his kitchen cabinet, The

Najee, Joss Stone, Heavywind, Waje, Yinka Davis, Sweet Sound, Others To Perform At UBA’s RedTv Sponsored Runway Jazz To Commemorate Lagos @50

REDTV a dynamic online lifestyle channel, supported by United Bank for Africa (UBA) Plc, that puts the spotlight on Africa with a distinct global appeal, has announced its sponsorship of the Runway Jazz Festival as part of events lined up for the commemoration of Lagos @ 50.

The Runway Jazz Festival scheduled to commence on April 29 and

Wednesday, April 19, 2017

Why President Muhammadu Buhari Suspended SGF Babachir Lawal, NIA Boss Ayo Oke

President Muhammadu Buhari has ordered an investigation into the allegations of violations of law and due process made against the Secretary to the Government of the Federation, SGF, David Lawal, in the award of

REDTV Comes To Town With New Crimes Series, Inspector K

On April 1st 2017, the online lifestyle network powered by the United Bank for Africa, REDTV, held an exclusive screening for the soon-to-be launched web series – Inspector K , at

GTbank Co Founder, Fola Adeola, Ex Gov Peter Obi, Leo Stan Ekeh, Sterling Bank, Others Owned Apartments In Building Where Mysterious N15billion Was Found

A full list of owners of apartments – also under investigations- in the building where mysterious N15billion was discovered is out.
According to

Monday, April 17, 2017

Gov Ayo Fayose Increases Maternity Leave To 16weeks In Ekiti State As Rapist & Wife Beaters Now Risk Life Sentences

The Ekiti State Government (EKSG) on Monday announced an increase in the maternity leave period for women in its public service from 12 weeks to 16 weeks.
The Permanent Secretary in the State Ministry of Information, Youth and Sports Development, Mr. Kola Ajumobi, said this at a public enlightenment forum in Ado Ekiti, the state capital.
He said that

Despite Economic Challenges In The Country, Transcorp Rises To A Top 500 Company In Africa Ranking

Transnational Corporation of Nigeria (Transcorp) was on the list of Africa’s top 500 companies recently released by The Africa Report (February 2017 issue), a leading

‘’Central Bank Only Issue Mint Fresh Notes To Banks’’ Spokesperson Isaac Okorafor Denies National Intelligence Agency’s Claim CBN Provided N15billion Found In Osborne Towers

The Central bank of Nigeria as denied provided the National Intelligence Agency with $43,449,947, £27,800 and N23,218,000 found by Economic And Financial Crimes Commission in an apartment in Osborne Towers Ikoyi, Lagos.

According to

‘’Corruption Will Become A Thing Of The Past’’ – Christian Associaton President Samson Ayokunle Declares

Samson Ayokunle, president of the Christian Association of Nigeria (CAN), says corruption and economic downturn will soon become a thing of the past.

Ayokunke said this in a

Thursday, April 13, 2017

President Muhamadu Buhari Sacks 23 Heads Of Federal Govt Agencies

President Muhammadu Buhari on Thursday relieved the heads of 23 Federal Government agencies of their appointments and approved the appointment of their replacements.
Among those fired are the

Banks Accomplices In N30trillion Fraud Carried Out In Import, Export Deals Senate Alleges

The Senate Committee on Customs, Exercise and Tariff has commenced investigation into the more than N30 trillion fraud allegedly carried out in the import, export value chain between 2006 and 2017.

The Chairman of the committee

Esther Nnamdi Ogbue Sacked NNPC Topshot Said To Own Mysterious $50m Found In Empty Lagos Apartment

Sources on Wednesday told SaharaReporters that the $50 million uncovered in a residential building located at Osborne Towers, Ikoyi, by the Economic and Financial Crime Commission (EFCC) belongs to the sacked Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue.
Nnamdi-Ogbue, was sacked alongside

Wednesday, April 12, 2017

Handlers Provide Official Reason President Muhammadu Buhari Didnot Attend FEC Meeting As Talks Of Illness Resurfaced

President Muhammadu Buhari did not attend Wednesday’s federal executive council meeting because the agenda was light, Lai Mohammed, information minister, has said.

He denied rumours that the president had fallen ill.
Vice-President Yemi Osinbajo presided over the cabinet meeting — the first time he would

Faces & Details As UBA Demonstrates Commitment To Excellence In Customer Service By Honoring Staff Who Implemented Bank’s Core Values

The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to implement the Bank’s core values of Enterprise, Excellence and Execution.

At the event held at the Eko Hotel Expo Centre, Lagos, Nigeria, UBA gathered

Tony Elumelu Lauds FG's Economic Recovery Plan At UBA’s AGM

The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy.

According to Mr Elumelu, recent

Tuesday, April 11, 2017

Account Officer, Owner On The Run As Whistleblower Exposes N4billion Hidden In GTBank

A tip-off by a whistle blower on Tuesday, April 11, 2017 led to another discovery by the Economic and Financial Crimes Commission, EFCC, of a staggering sum of N4billion suspected to be proceeds of crime.

Investigations as to the owner of the funds revealed that

Dangote Truck Kills 3 Persons While Driving Against Traffic

A truck belonging to Dangote Cement Company on Tuesday caused the death of three persons, while driving against traffic along Lagos-Ibadan Expressway.

The Commander of

99 Customers Win Big In Skye Bank & Western Union ‘’Better Life’’ Promo

Ninety lucky customers of Skye Bank Plc., across different business locations of the Bank, have emerged as winners and received their prizes in the recently-concluded Skye Bank and Western Union® “Better Life” Promotion.

The three-month campaign, which ran from

Ex First Lady, Patience Jonathan Failed To Withdraw From Unfrozen Bank Account

Former First Lady Patience Jonathan was stranded yesterday following a botched attempt to cash part of her $5.8m deposit, which was unfrozen by a court last week.

Mrs. Jonathan was blocked from having access to her account by a

Monday, April 10, 2017

‘’Why We Must Ensure President Muhammadu Buhari Does Not Fail’’ Senate President Bukola Saraki

Senate President, Bukola Saraki has provided reasons all stakeholders, especially members of his party must ensure the administration of President Muhammadu Buhari does not fail.
According to Saraki in a recent chat

‘’Those Destroying The Naira Will Not Enjoy Their Illicit Gains’’ Redeemed’s Pastor Enoch Adeboye Declares

The General Overseer of the Redeemed Christian Church of God Worldwide (RCCG), Pastor Enoch Adejare Adeboye, has

Respected Rating Agency Fitch Declares Zenith, Larger Banks More Resilient As 3 Banks Fail CBN Stress Test

The stress test conducted by the Central Bank of Nigeria (CBN) has confirmed the resilience of large banks to withstand stresses over smaller banks, even as it singled out Zenith Bank Plc for its strength in comparison to

Saturday, April 8, 2017

Zenith Bank Back With Easter Season *966# EasyBanking Airtime Giveway Promo For Customers

Following the success of the campaign to reward its customers last year, Zenith Bank Plc has returned with another *966# Eazybanking airtime giveaway for the Easter season.

The bank’s *966#promo offers *966# Eazybanking customers and others a 20% discount for

Miccom Boss, Michael Ponnle In Deep Emotional Trauma Over Prosecution Of His Son, Biodun For Alleged Fraud

The Chairman of Miccom Cables and Wire, Chief Michael Ponnle is not in a happy mood.

The septuagenarian who lost his wife and confidant, Olufunke just some years ago is angry with the arrest and detention of his first son, Abiodun by

Friday, April 7, 2017

The Emerging Big Question...Out Side Of The Mass ‘’Pull Him Down’’ Hysteria, What Exactly Is The Sin Of Senate President Bukola Saraki ?

There is an emerging big question that is gradually catching a lot of attentions.

And the theme is.

Anambra Speaker, Rita Madauagwu Disappears With Assembly ‘’Mace’’ To Avoid Impeachment

There was confusion at the Anambra State House of Assembly on Thursday following a move to impeach the speaker, Mrs. Rita Maduagwu by members.

Noticing the move, the speaker absconded with the mace, the symbol of authority of the legislative house.

Before that, no fewer than

Thursday, April 6, 2017

Ex Gov Babangida Aliyu Arrested, Detained Over N5billion Fraud Allegation

The Economic and Financial Crimes Commission has arrested the immediate past Governor of Niger State, Babangida Aliyu, over an alleged scam involving N5bn.
It was learnt that Aliyu, who served between 2007 and 2015, was arrested by the anti-graft agency on Tuesday after he was invited by the commission.
The suspect was, however, detained after interrogation, pending further investigation.
A source at the

Wednesday, April 5, 2017

Julius Berger Chairman & Ex Shell M.D, Mutiu Sunmonu’s Wide Dies Of Cancer

Again, death has intruded the enamored world of the rich; with consummate malice, it invaded the household of the former MD of Shell and current chairman of Julius Berger, Mutiu Sunmonu, snatching the life of his wife.

Tuesday, April 4, 2017

FINANCIAL LITERACY: Skye Bank GMD, Tokunbo Abiru Tasks Students Of Govt Day Sec. School, Bauchi On Savings

The Group Managing Director and Chief Executive Officer, Skye Bank Nigeria Plc., Tokunbo Abiru, has advised Secondary School students to imbibe savings culture while they are still young, as this will guarantee their future.

He gave the advice while delivering a lecture at a one day seminar at Government Day Secondary School, Shadawanka, Barracks, Bauchi.

Revenue Grow By 46% In Difficult Economic Climate As Transcorp Shows Commitment To Significantly Increase Power Generation In Nigeria

At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc(“Transcorp”), the Board of Directors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the

Monday, April 3, 2017

Inside Jimoh Ibrahim’s Big Money Investments In Dubai As Dapo Abiodun Buys Off His Petrol Stations

Jimoh Ibrahim is on a roll. The billionaire magnate floats on an epic blaze of glory even as you read, like the fabled titan whose exploits dwarfs the attainments of peers. Jimoh Ibrahim, who has just

Saturday, April 1, 2017

He Sent Me A Text Saying I Was Partying While He Languishes In Prison..That He Would Deal With Me’’ Movie Person, Seun Egbegbe’s Elder Brother Yusuf Cries Out As Police Arrest Him In Clamp Down On Producer’s Gang

The brother of Seun Egbegbe and two others have been arrested by the police in Lagos State for aiding the Nollywood Producer as he robbed big phone shops.

Those arrested were two men simply identified as Kazeem and Muyideen and Lekan Yusuf, said to be Egbegbe’s brother.

According to the Lagos State Commissioner of Police, Fatai Owoseni, who paraded the suspects, Yusuf, Kazeem and Muyideen usually stay in the car while Egbegbe goes into the phone shops to get the goods.