Other News

UBA Plc Earnings Report: FX Related Losses Stoke Compression in Earnings

April 27, 2026/InvestmentOne Report The recently published FY:2025 financial result by United Bank for Africa (UBA) showed that interest income amounted to NGN2.65trn, which reflects an underwhelming 9.87% YoY growth. Although interest earned on cash and bank balances (+26.89% YoY to NGN185.37bn) and investment securities (+22.12% YoY to NGN1.47trn) saw […]

Aliko Dangote Calls for Urgent Government and Private Sector Action to Eliminate Malaria

April 26, 2026/Dangote Group Chairman of Nigeria’s National Malaria Elimination Council (NMEC) and United Nations Malaria Ambassador, Aliko Dangote has called on governments and the private sector to urgently scale up coordinated action to eliminate malaria, describing the moment as critical to ending one of the world’s most devastating diseases. […]

Systemically Weak Banks Put Nigeria’s $1Trillion Ambition at Risk

April 26, 2026 By Blaise Udunze Nigeria’s banking sector has just undergone one of its most ambitious recapitalisation exercises in two decades, all thanks to the Central Bank of Nigeria under the leadership of Olayemi Cardoso.  About N4.65 trillion ($3.38) has been raised. Balance sheets have been strengthened, at least […]