Business

Ex-Staff Launches UBA Alumni Network

Published

3 years ago

November 19, 2021

I became Chairman of UBA, Transcorp without wealthy parents – Tony Elumelu

Ex-Staff Launches UBA Alumni Network

It was an interesting and auspicious time to see ex-staff of Africa’s global bank, United Bank for Africa (UBA) Plc, come together to launch the UBA Alumni Network.

The maiden event took place at UBA’s Amphitheatre on Tuesday, 2021, and was very well attended by Ex-staff in line with the Covid-19 protocols. A number of ex-staff of the bank from within and outside Nigeria who couldn’t attend physically joined the session virtually and were able to participate in the epoch-making event.

The Chairperson of the UBA Alumni Network, Mosun Yusuf – (Matron) who was a former staff with the Employee Experience unit, welcomed all participants and explained the reason behind the establishment of the Alumni Network. She also shared the team’s expectations for the network.

She said, “What we are witnessing today is a result of enormous collective efforts that came about with the express desire of ex-staff to network and maintain a cordial relationship after their exit from the bank. It is an innovative effort to build a strong bond of human community especially in the face of technological developments that is forcing people into some sort of isolation.

Continuing, Mosun said, “We believe human connectivity is necessary to promote cordial living and will assist to achieve the individual and collective goals that we plan to attain,”

UBA’s Executive Director, Treasury and International Banking, Chiugo Ndubisi, who gave the goodwill message on behalf of the Group Managing Director, Kennedy Uzoka, commended all those who had worked tirelessly behind the scene to ensure that the Alumni was up and running.

He said, “We are indeed glad at the launch of this Alumni Network and the bank will continue to support you in any way we can. We who are still staff of the bank will follow through to ensure that things are working well so that we can also join this great network in future.”

The former FIRS Chairman and member of the UNILAG Alumni, Ifueko Omoigui-Okauru, who gave the keynote address at the event, commended Ex-UBA staff and the steering committee for this great idea of setting up an alumni network.

“I cannot over emphasise how networking and strong bonds remain essential for people even after they have left their places of employment and I therefore must commend both the Ex-staff and the bank for this great feat.

Ifueko who is currently the President of Queen’s College Alumni, cited examples of how successful her career in the FIRS was as a result of support from members of her various alumni groups despite having no prior experience working in a government parastatal.

She stressed the need for members of the Alumni network to have a clear objective and look for ways to support each other and the bank’s brand to meet their common goals.

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Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

17 hours ago

December 21, 2024

Sahara Weekly

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

Business

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

Published

24 hours ago

December 21, 2024

Sahara Weekly

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

Business

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Published

2 days ago

December 20, 2024

Sahara Weekly

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.

The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.

“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.

The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.

Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.

The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.

This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.