Global News Track

The Nigeria Deposit Insurance Corporation (NDIC) will host the International Association of Deposit Insurers (IADI) Africa Regional Committee (ARC) Annual Meeting and Workshop from 20th to 23rd July, 2026 in Abuja – Nigeria with the Theme: “Safeguarding Stability: Public Awareness and Crisis Readiness for a Stronger Future”The 4-day high-level regional engagement will gather Chief Executives, […]

The Nigeria Revenue Service says the new tax system is better. As the saying goes, the proof of the pudding is in the eating.We can only judge if something is good, works, or is true _after we have tried it or seen the results_. Talk and promises are fine, but the real test is in […]

UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa(UBA) Group, has strengthened its commitment to financial education by partnering with Slum2School Africa to deliver a hands-on financial literacy workshop for underserved children, equipping them with essential money management skills from an early age.At the heart of the initiative was the UBA […]

United Bank for Africa Plc has announced that Mr. Tony O. Elumelu, CFR, Group Chairman of UBA, will retire from the Board of Directors of UBA on 21 August 2026, upon the completion of the 12-year tenure limit prescribed for Non-Executive Directors of Banks by the Central Bank of Nigeria.At its meeting held on 6 […]

Nigerian Exchange Limited (“NGX”), the sustainable exchange, championing the development of Africa’s largest economy, has announced the outcome of its Half-Year 2025 review of its market indices following a comprehensive assessment of constituent companies across key market benchmarks. The review covers the NGX 30 Index, NGX Lotus Islamic Index, NGX Pension Index, NGX Pension Broad […]

Following the revocation of the operating licenses of 46 Microfinance Banks (MFBs) by the Central Bank of Nigeria (CBN), on July 1, 2026, the Nigeria Deposit Insurance Corporation (NDIC), has been appointed as the official Liquidator, pursuant to Section 12 (2) of BOFIA 2020, and Section 55 (1 & 2) of the NDIC Act 2023.It […]

The Executive Chairman of AudraBeauty.com Limited, Mr. Chukwunwendu Ezike, has urged Nigerians to take a more active role in protecting themselves from counterfeit beauty products by verifying the authenticity of cosmetics before making purchases. Speaking on the growing circulation of fake and substandard cosmetics in Nigeria, Ezike stressed that consumers have a crucial role to […]

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship UBA Bumper Account, reaffirming the Bank’s unwavering commitment to rewarding customer loyalty and promoting a strong savings culture.The payout, one of the largest loyalty rewards under the Bumper Account initiative since […]