Billionaire investor and philanthropist Tony Elumelu has said that the Tony Elumelu Foundation (TEF) represents the most rewarding investment he has ever made, even surpassing the numerous businesses he has built under Heirs Holdings. Elumelu made the remark during a light-hearted rapid-fire
United Bank for Africa (UBA) has entered into a $100 million partnership with the Lagos State Government and LagRide to finance vehicles for about 3,500 ride-hailing drivers operating on the LagRide platformt The partnership, formalised through a memorandum of understanding (MoU) signed on Tuesday, is designed to support drivers in transitioning from vehicle rental
United Bank for Africa (UBA) Plc has once again solidified its position as one of Africa’s most innovative and resilient financial institutions, earning the prestigious title of Africa’s Bank of the Year 2025 from The Banker, a Financial Times publication. This marks the third time in five years that UBA has claimed the top continental […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to demonstrate its commitment to youth empowerment and leadership development as 700 young professionals joined the bank through the Graduate Management Accelerated Programme (GMAP), signalling a major investment in the next generation of leaders who will continue to drive the continent’s economic and
The death toll from the devastating fire at Afriland Towers has risen to ten, following confirmation from United Capital Plc that six of its employees died in the incident. The tragic update comes just hours after the Federal Inland Revenue Service (FIRS) disclosed the loss of four staff members in the same fire, which broke […]
President Bola Ahmed Tinubu has extended his heartfelt condolences to the families of those who lost their lives in Tuesday’s tragic fire outbreak at Afriland Towers, located on Broad Street, Lagos Island. In a statement issued by his Special Adviser on Information & Strategy, Bayo Onanuga, the President also commiserated with the Federal Inland Revenue […]










