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Joe Ajaero NLC New President, Honour Well-Deserved

Joe Ajaero: NLC New President, Honour Well-Deserved

February 13, 2023 3:13 am

A great leader is one who does everything within his power to leave memorable footprints on the sands of time. It is a leader who is decisive enough and has all the guts needed to take bold and frank decisions regardless of whose ox is gored. These molds of leaders are quite scarce and do not occur every day and that is because their qualities are unique and outstanding. Comrade Joe Ajaero is one of such great leaders and celebrating, and encouraging them is always the right thing to do.

A few days ago, Mr. Ajaero emerged unopposed as the …

Labour Union Reveals Next Action Over New Minimum Wage

January 10, 2020 6:37 am
The Trade Union Congress of Nigeria (TUC) has directed state councils of the union to commence mobilisation of their members immediately, should state governments failed to implement the new minimum wage by the end of January 2020.

TUC President, Mr Quadri Olaleye and Secretary-General, Mr Musa Lawal, made this known on Thursday in Lagos at the end of the union’s National Executive Council (NEC) meeting.

“NEC-in-session commends the Federal Government for the eventual completion of negotiation with respect to the consequential adjustments and commencement of payment of the new National Minimum Wage to Federal workers.

“The congress, however, advises all

…

Union Bank Expands Presence In Nigeria

January 4, 2020 6:17 am

Union Bank has expanded its footprint in the country with the launch of two new branches in Anambra State.

The new branches were sited at Ekwulobia and Amawbia areas of Anambra State.

According to the bank, the development was part of its efforts to provide customers with simpler and smarter banking services.

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It also informed that the locations of the new branches took into consideration banking convenience for residents and businesses in the communities.

Speaking, the Chief Executive Officer of the bank, Emeka Emuwa, noted that the new branches would give the …

Abia Union Inaugurates New Executives Today In Lagos

November 24, 2019 8:20 am

The Abia State Town Unions Association, Lagos, the apex body of all Abians in Lagos and the Southwest, held her general elections on October 27, 2019.

According to the Secretary General of the association, Dr Chijioke Iheonunekwu JP, the elected new executives would be inaugurated today.

The new executives that emerged after the election include: Chief Ejituru Ikenga, President-General; Mazi Chuks Nwosu, 1st Vice President-General; Mr. Chris Olekaibe, 2nd Vice President-General; Dr Chijioke Iheonunekwu JP, Secretary-General; Elder Okwudiri Benson Erondu,Treasurer.

Others are: Nze Frank Ogba Idika, PRO; Dcn. Uche Ibezim, Financial Sec., Chief Douglas Uma Egwu, Asst.Sec.-General; Engr. Andrew Enyinnaya …

Anambra: Igbo Union from Belgium Offers Free Medicals

November 11, 2019 4:14 am

A 16-man team of medical personnel from Ghent, Belgium recently brought succour to many families in Anambra State during a 13-day free medical mission at Enugu-Ukwu General Hospital.

Led by Mr Okechukwu Emeh, a philanthropist and President of Igbo Union, Ghent, Belgium, the exercise attracted several people with different health challenges that were already compounded by inability to afford the medical bills. They were treated free of charge during the exercise.

Emeh, while appraising the success of the medical mission, said the gesture was necessitated by the union’s quest to give back to the society. Members of the group said …

Nigerian Stock Exchange List Union Bank ₦30bn 10Yrs Bond

October 19, 2019 3:05 am

The Nigerian Stock Exchange (NSE) last Friday listed the  Union Bank of Nigeria Plc’s ₦30 billion  10-Year, 16.2 per cent Subordinated Unsecured Fixed Rate Series 3 Bonds Due 2029.

The bond was issued by the financial institution under its ₦100 billion debt issuance programme and its listing will create liquidity for holders who want to trade the security. The bond is expected to boost the performance of the bank going forward.

Union Bank of Nigeria had reported profit before tax (PBT)of ₦18.7 billion for the half-year ended June 30, 2019, showing an increase of four percent from ₦11.7 billion in …

Chaos As Hong Kong 'State Of The Union' Gets Disrupted

Chaos As Hong Kong ‘State Of The Union’ Gets Disrupted

October 16, 2019 2:49 am

Hong Kong leader Carrie Lam has been forced to suspend her annual address after being heckled in parliament. Opposition lawmakers disrupted the Legislative Council session by shouting and projecting slogans behind her.

After a first interruption, the session resumed only to be interrupted again. It was then suspended – Ms Lam delivered the address by video instead.

It means the extradition bill – the trigger for months of protests – could not be withdrawn formally.

The bill was suspended in July, but Wednesday’s meeting was the first time the Legislative Council (Legco) has resumed since it was stormed by protesters …

Union Bank Secures $200m To Fund SMEs And Market Women

Union Bank Secures $200m To Fund SMEs And Women Groups

October 4, 2019 3:16 pm

Union Bank of Nigeria Plc has secured $200 million in funding via a partnership with sub-Saharan Africa financial services group, Atlas Mara Limited, in agreement with Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution.

In notification to the Nigerian Stock Exchange (NSE) yesterday, Union Bank said under the terms of the agreement, the bank will receive a 10- term credit facility of up to $200 million from OPIC for investments in digitisation, on-lending to Small and Medium Enterprises (SMEs) and funding for women-led businesses, as part of OPIC’s 2X Women’s initiative which aims to catalyse $1 …

Jonathan emerges Chairman of African Union's ISCP

Jonathan emerges Chairman of African Union’s ISCP

June 8, 2019 6:59 am

Former President Goodluck Jonathan has emerged as the Chairman of the African Union’s International Summit Council for Peace (ISCP).

Jonathan also urged AU to set minimum acceptable standards for appointing the leadership of electoral commissions as a means of building citizen confidence and ensuring credibility of elections on the continent.

The former President spoke on Friday at the International Leadership Conference in Johannesburg, South Africa, where he emerged as the chairperson of the newly inaugurated ISCP, a body made up of mainly African former Presidents and ex-Heads of State.

The two-day conference tagged ‘Africa Summit and Leaders Conference 2019’ has …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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