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UBA Wins Big At The Bankers Awards, Covets African Bank Of The Year, Best Bank In 8 Of Its Subsidiaries

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….Wins Bank of the Year Africa 2023

……Subsidiaries Come Top in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, and Tanzania

Africa’s Global bank, United Bank for Africa (UBA) Plc, has again demonstrated its prowess on the international stage as it clinched nine prestigious awards at The Bankers Awards 2023, organized by The Banker Magazine – a publication of Financial Times of London, the world’s leading business newspaper.

 

The prestigious awards presented to the Bank at a ceremony in London, United Kingdom on Thursday, included the highly coveted Bank of the Year Africa 2023, solidifying UBA’s position as the leading financial institution on the African continent.

 

The Bank’s subsidiaries also emerged as the Bank of the Year in eight of the 20 countries where it operates in Africa. The winning subsidiaries are UBA Cameroon, UBA Chad, UBA Ghana, UBA Cote d’Ivoire, UBA Mozambique, UBA Congo, UBA Sierra Leone, and UBA Tanzania, underscoring the bank’s dominance and impact across diverse African markets. It is noteworthy that this would be the second time in the past three years that the Bank has won the regional award as the best bank in Africa, as it had emerged winner in 2021.

 

UBA’s Group Managing Director, Oliver Alawuba, who received the awards on behalf of the bank, expressed his gratitude and excitement about the awards, and said the recognitions come as a reassurance that the bank is on track in its goal of consolidating its leadership position in Africa, and creating superior value for its stakeholders.

 

“UBA is honoured to be named the Bank of the Year in these eight countries and to receive the overall Award for Africa. This accomplishment is a testament to the hard work, dedication, and innovative spirit of the entire UBA team. We remain committed to delivering top-notch banking services that positively impact the lives of our customers across the continent.

 

Continuing, Alawuba said, “We have our millions of customers across the globe and our many thousands of staff to thank for this. They are the very reason why we keep winning and receiving these accolades.”

 

The Banker Awards is widely recognized as a benchmark for banking excellence globally, and UBA’s multiple victories underscore the institution’s commitment to providing exceptional financial servicesand superior financial intermediation on the continent. As Africa’s Bank of the Year, UBA has demonstrated its ability to navigate the complexities of the African banking landscape and emerge as a leading force in driving economic growth and financial inclusion.

 

Speaking earlier about UBA’s consistent excellence in the financial services sector across the continent which has earned the bank great accolades overtime, Editor of the Banker, Joy Macknight, said that as always, UBA remains a clear winner across a wide range of criteria, having performed impressively across its footprint with a strong financial performance across most of its markets.

 

“In a year of strong competition among the continent’s major banking groups, UBA has gained the edge on its rivals to win the Bank of the Year award for Africa for the 2nd time in three years. Congratulations. The award recognises the bank’s strength across Africa, including many of its most competitive markets,” Macknight stated.

 

Since 1926, the Bank of the Year awards has been celebrating the best of global banking and is regarded as the industry standard for banking excellence.

 

Just recently, UBA won the 2023 FMDQ Gold Awards in three Categories including the Best FX Liquidity Provider, Dealing Institution of the Year and Best Money Market Liquidity Provider. This recognition is a testament to UBA’s impressive capital strength and capacity to provide liquidity to the Nigerian financial market even in the face of harsh economic realities. Despite the headwinds, UBA Group has consistently maintained its position as Nigeria’s leading financial institution.

 

In June, the banking group announced impressive half-year financial results, and further increased the performance in Quarter 3, 2023, with profit before tax (PBT) soared to N502.01 billion, Shareholders’ Funds standing strong at N1.778 trillion, and total assets, reaching N16.24 trillion.

 

These outstanding figures not only reflect UBA’s institutional strength, but also demonstrate its position as a corporate role model in Nigeria and across Africa.

 

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than thirty-five (35) million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris, and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

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Drama As UK Blogger Maureen Badejo Not Produced In Court, Lawyers Frustrated

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There was mild drama at the Federal High Court, Ikoyi, Lagos, on Monday as UK-based popular blogger, Maureen Badejo, was not produced in court as earlier indicated by investigating authorities.

 

A total of eleven lawyers had assembled at the court premises in anticipation of her appearance. However, proceedings were stalled after officials failed to present her before the court as expected.

 

Following her absence, members of the legal team proceeded to the Nigeria Police Cybercrime Unit in Yaba, where they were informed that Badejo had been booked out of custody at the State Criminal Investigation Department (SCID), Panti, early in the morning.

 

Acting on the information, the lawyers moved to the cybercrime office and eventually located her in one of the facility’s offices.

 

Speaking with the legal team, the Assistant Director of the unit explained that Badejo could not be brought to court due to what he described as “numerous interested parties” and additional petitions being filed in connection with the case.

 

He added that authorities were uncertain whether she would be formally charged either today or tomorrow.

 

Determined to safeguard her rights, the lawyers have since maintained a vigil at the cybercrime unit to observe proceedings and provide legal counsel as she gives further statements to the Investigating Police Officer and her team.

 

Meanwhile, support for the blogger appears to be growing internationally.

 

Groups based in the United Kingdom, United States, and Canada have reportedly begun fundraising efforts to cover her legal expenses.

 

One of her lawyers, Barrister George Ogunjimi, disclosed that Badejo had not eaten since Friday but remained in high spirits. According to him, upon sighting her lawyers, she requested a meal of rice and fish along with a bottle of Eva water.

 

Her continued detention and failure to appear in court have raised fresh concerns among supporters and legal observers, as they await further developments in the matter.

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Peter Obi Joins #OccupyNationalAssembly Protest Over Electronic Transmission Of Results

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Former presidential candidate Peter Obi on Monday, joined protesters at the National Assembly complex in Abuja under the banner of the #OccupyNationalAssembly movement.

The protest follows the Senate’s passage of the Electoral Act 2022 (Repeal and Reenactment) Amendment Bill 2026, in which lawmakers removed the phrase “real-time” transmission of election results during the third reading of the bill.

Although the Senate has issued several clarifications denying that it rejected electronic transmission of election results, protesters insist that the proposed legislation must explicitly mandate real-time electronic transmission.

Speaking at the protest ground, Obi said the Senate must take concrete steps to prevent a repeat of the technical glitches reported by the Independent National Electoral Commission (INEC) during the 2023 general elections.

He called for real-time electronic transmission of results to be clearly enshrined in the law.

Aside Obi, members of civil society organisations, opposition ADC supporters, and women’s groups were also present at the protest.

The protesters began their march from the Federal Secretariat, proceeding towards the National Assembly gate.

Security was heavy at the scene, with personnel drawn from the Nigeria Police Force, the Nigerian Army, and the Nigeria Security and Civil Defence Corps. The police barricaded the entrance to the National Assembly.

However, some civil society representatives told Channels Television that the protesters do not intend to force entry into the complex, noting that the demonstration is planned to take place strictly at the gate.

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Edo: Police Arrest 21 Year Old Dispatch Rider Over N1.3m Gambling Scandal

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A 21-year-old dispatch rider in Edo State has been arrested by the State Police Command after allegedly gambling away N1.3 million belonging to his employer and a customer.

JomogNews reports that he staged his own kidnapping to conceal the loss of funds from virtual betting.

ASP Eno Ikoedem, the Public Relations Officer of the Command, disclosed this in a statement made available to journalists on Monday in Benin City.

Ikoedem gave the name of the suspect as David Ekes, a staff of Dibecs Industry Limited, Okpella, in Etsako East Local Government Area.

“The Edo State Police Command has uncovered a staged kidnapping following a report of a missing person involving an employee of Dibecs Industry Limited, located at Km 162, Auchi–Okene Expressway, Okpella.

“On 30/01/2026 at about 1600hrs, one Moses Ekes ‘M’, of Dibecs Industry Limited, reported at the Okpella Police Division that his nephew, David Ekes ‘M’, aged 21 years, a dispatch officer with the company, dark in complexion, about 5ft tall, and fluent in Ijaw and English languages, had been missing since 27/01/2026 at about 2030hrs.

“It was reported that the said David Ekes left his quarters alone on a black, unregistered motorcycle from Factory 2 to Factory 3, contrary to company policy, and was not seen or heard from thereafter.

“The motorcycle was later discovered parked along the road leading to Factory 3 and subsequently recovered to the company’s main office.

“Following the report, operatives of the Okpella Police Division promptly visited the scene, conducted a thorough search of the surrounding bush area, and documented relevant findings, while the investigation commenced immediately.

“However, in a turn of events, on 31/01/2026 at about 0800hrs, information was received that the missing person had returned on his own and was reportedly weak. He was taken to a hospital in Okpella, where Police operatives visited and monitored his condition.

“Upon his discharge, the suspect initially volunteered his statement alleging that he was kidnapped by three unidentified men, forced to trek barefoot through the forest for over three days, during which his Tecno Camon mobile phone was taken and funds were withdrawn from his First Bank account.

“Discrete investigation, however, has revealed that between 25/01/2026 and 26/01/2026, the suspect lost a total sum of ₦1,308,000.00million, belonging to his company and a customer, through online gambling on a visual sporty betting platform, he then immediately travelled to Abuja, sold his mobile phone, lodged in a hotel, and deliberately staged his own kidnapping to cover up the financial loss,” the statement said.

Ikoedem said the suspect has since confessed to the crime and would be arraigned in court to serve as a deterrent to others.

Meanwhile, the Commissioner of Police in charge of the Command, Monday Agbonika warned members of the public against false distress reports and acts of criminal deception.

Agbonika noted that such actions undermine public confidence and waste critical security resources.

He also advised youths involved in gambling to do so responsibly, as addiction often leads to desperation and criminal tendencies.

 

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