An Ikeja Special Offences Court has adjourned until 21 April the alleged ₦4.3 billion foreign exchange fraud case instituted by the Economic and Financial Crimes Commission (EFCC) against United Bank for Africa (UBA) Plc and four others. Justice Rahman Oshodi adjourned the matter on Monday after the defendants failed to appear in court and were…
A former senator and human rights activist, Sen. Shehu Sani, has expressed his commitment to the re-election of President Bola Tinubu and Gov. Uba Sani of Kaduna State in 2027. Sani gave the commitment in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. “The re-election of Tinubu and Gov. Sani…
United Bank for Africa has announced a profit of N189.84 billion for the first quarter of 2025, marking a strong start to the financial year. This represents a 33.15 per cent increase compared to the N142.58 billion recorded during the same period in 2024. The bank revealed this in a corporate disclosure filed with the…
The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on Friday. The All-Share Index also rose…
A Federal High Court in Abuja, on Wednesday, fixed March 5 for the arraignment of Sen. Andy Uba, and two others, over allegations bordering on N400 million fraud. Justice Inyang Ekwo fixed the date after granting the ex-parte application moved by M.C. Anthony, counsel to the Inspector-General (I-G) of Police to serve Uba and his…
