Transcorp Sets Record Performance with Profit After Tax of N20.6bn

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year.

How Leo Won A Million Hearts In 12 months…More Than 1million Africans Now Bank On Leo

With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers.

NIMASA Undertakes Surveillance Training For Security Agencies

In its effort to rid the Nigerian maritime domain of criminalities, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) has undertaken surveillance training for officers from the Nigerian Army, Nigerian Navy, Nigerian Air Force, Nigeria Police, the Department of State Services (DSS), and NIMASA, on the C4I Integrated Surveillance Systems operation. The system will aid the coordinated view of the entire Nigerian maritime domain.


Sèmè City, the International Knowledge and Innovation City, has partnered with the Tony Elumelu Foundation (TEF), the leading philanthropic organization empowering African entrepreneurs to train and empower additional 50 Beninese entrepreneurs.

UBA, Japan Trade Office Collaborate To Promote MSMEs in Africa

United Bank for Africa (UBA) Plc has indicated its readiness to support the Japanese government in its drive to promote Small and Medium Scale Enterprises across Africa.
The Chairman, UBA Group, Tony Elumelu, indicated this on Monday, when the members of the Japan External Trade Organisation (JETRO), led by its CEO, Hiroyuki Ishige, were hosted at a cocktail at the UBA House, in Lagos, Nigeria.

Maritime Forecast 2019/20: WHAT SHIPPING INDUSTRY SHOULD EXPECT – NIMASA · CVFF Disbursement, Better Funding for Indigenous Operators · Hope for Anti-Piracy Bill To Reduce Incidents

As part of efforts to guide investors and encourage more participation in the maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) have set the tone with the unveiling of the 2019-2020 maritime forecast.

Maritime: NIgeria Ratifies 40 Conventions,Domesticates 19 International Laws

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that Nigeria has been able to ratify 40 conventions passed by the International Maritime Organisation (IMO) and International Labour Organisation (ILO) covering Maritime Safety, Labour and Marine Environment.

NNPC to Collaborate With African Transportation Union To Curb Cross-Border Leakages

The Nigerian National Petroleum Corporation (NNPC) has sought effective collaboration with members of the African Union of Transportation and Logistics Organization to halt incidents of cross-border leakages of petroleum products.

NIMASA Pledges Redouble Efforts To Reposition Maritime Sector

The Nigerian Maritime Administration and Safety Agency (NIMASA) says it would intensify its efforts to reposition the maritime industry in Nigeria, as the agency moves to become a leading maritime administration in Africa.

UBA Customers Win N30m In Wise Savers Promo, N90m Still Up For Grabs

Pan-African financial institution, United Bank for Africa (UBA) Plc has rewarded 20 loyal customers with N1,500,000 each, in the first edition of its quarterly draw for the ongoing UBA Wise Savers Promo, which was held at the bank’s headquarters in Lagos on Tuesday.