Connect with us

Business

Millionaires Emerge in UBA Savings Promo as 10 Customers win N1m Each

Published

on

United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of  N10m in the quarterly draws

Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of  N10m in the quarterly draws of the ongoing UBA Savings Promo.

This promo, which is held every quarter, is intended to appreciate loyal customers of the bank, who have stayed with the bank over the years,  and offers fresh opportunities for potential and intending customers to join the growing number of UBA millionaires who have in the past benefitted from several Promo.

The virtual and transparent electronic draw which was held on Friday was transmitted live via zoom and the Facebook platform in strict compliance with social distancing rules as directed by the Federal and Lagos State Government.

READ ALSO: UBA CEO, 2 Others Resign From NESG Board, Here’s Why

UBA’s Head Personal Banking, Osita Ede, who addressed participants just before the draws, said there is no better time to give back and delight customers than this challenging economic period where people need all the support, they can get to make life more meaningful.

He said, “As a bank, UBA has been rewarding customers, we have been doing this for several years now; from the Wise Savers Promo, Bumper Draws, and now this. We have been doing this to touch lives and to show appreciation to our customers to tell them we are grateful for their business. This is also an opportunity to reward them for their loyalty to the bank.

Ede added that the promo is also a way of encouraging savings in a bid towards promoting financial inclusion, as statistics show that a lot of Nigerians are still largely underbanked.

“Our key objective is to encourage our customers to save regularly. We are here to support them and encourage them to save and ultimately grow as well, because we are aware that they are invaluable to all that we do;” Ede explained.

A representative of the National Regulatory Commission, Peace Ibadie, who witnessed the draws, congratulated the 10 winners and commended the bank for its efforts at rewarding loyal customers especially in the tough economic and business environment.

Congratulations to all the winners, I am glad to be a part of this; UBA is always transparent in their promos and we can fully attest to this. It is important that the bank is also actively encouraging the savings culture. Again, I say congratulations,” she said.

READ ALSO: UBA Poised To Change The Face Of E-Banking With New Mobile App

The winners who cut across all the zones of the country are Emeka Onyemauche; Ezeigbokwe Oluebube Purity; Omoniyi A Jaiyeola; Olawale Omotayo Idowu; Zaharadeen Yandaki Umar; Aliyu Yaro Bakari; Samuel Enan Esua; Joseph Eze; Deborah Folusho Adebayo and Lucia Chinyere Adim.

When contacted via their mobile phone, the winners expressed their gratitude to the bank as they said the winnings will go a long way in meeting their pressing needs especially in these trying times.

One of the winners, Samuel Enan Esan, who was delighted at the news that he just won N1m, was full of praises. “Thank you UBA,” he stated.

Aliyu Yaro Bakari. who was extremely excited at the news, said, “Oh I am very happy, UBA is the best, you are the best, thank you very much,” he remarked when he learnt he was also one of the beneficiaries of N1m.

To qualify for the promo, new and existing customers of the bank are expected to make a one-time deposit of at least N30,000; before each draw date. Savings account holders eligible for this draw include Target, Bumper, Next Gen, Savings, Teens & Kiddies.

Apart from the savings promo which is held every three months, the bank also has the UBA Bumper Promo which is held monthly, where the first three winning customers are rewarded with N2m, Rent for a year at N1.2m and N500,000 respectively; with 20 others winning N100,000 each as consolation prices.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty million customers, across 1,000 business offices and customer touch points, in 20 African countries. With presence in New York, London and Paris, 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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Dangote’s $2 billion Urea Fertilizer Plant Pushes Out 120 Trucks Everyday

Published

on

Dangote's $2 billion Urea Fertilizer Plant Pushes Out 120 Trucks Everyday

After months of speculations, Dangote Urea fertilizer is now finally on sales nationwide and it currently pushes out a minimum of 120 trucks per day across the country.

 

Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote Industries Limited,  Devakumar  Edwin, revealed to the press over the weekend that the Plant which has the capacity to turn out more than 4,500 tonnes of urea per day will conveniently meet the local demand and even produce for exports.

 

According to him: “…We have the capacity to turn out 4,500 tonnes of Urea everyday…this is a bulk application fertilizer…each crop in Nigeria or globally will require Nitrogen and this is a rich fertilizer, having 46 per cent nitrogen…The company has the capacity to meet local demand and also export to African countries… Currently the demand is less than 1 million tonnes and we alone can  produce 3 million tonnes, so we can easily meet local demand and also produce for export to other west African countries.”

READ ALSO: Dangote Fertiliser Commences Production Of Urea

Aside fertilizer production, the company, according to Edwin is already working to support the farmers with training on application of the fertilizer and even establish laboratories across the country for proper soil examination.

 

“The uniqueness of this plant, apart from the fact that we are producing is the focus on farmers’ support, on training, education, development as we are now establishing laboratories across the country and even mobile laboratories where we can go drive around and take soil samples for proper examination to effectively grow the agricultural outputs across the country”

 

The Urea Fertilizer plant was built to tap into Nigeria’s demand for fertilizer, a critical component of achieving food sufficiency for Africa’s most populous country.

The Fertilizer plant is expected to manufacture 3 million metric tonnes of urea per annum, with a view to reducing the nation’s fertilizer imports, and generating $400m annual foreign exchange from export to Africa countries.

 READ ALSO: Nigeria on The Way to Becoming Regional Fertilizer Capital – Buhari

Meanwhile, marketers and farmers in Kano have described the newly introduced Dangote Fertilizer as a game-changer and a forecast for the expected agricultural revolution in the country.

Marketers and farmers who were apparently excited, over the weekend welcomed the more than ten trucks that entered Kano markets at the weekend.

Speaking at the event organized by Dan Hydro Company in Kano to mark the introduction of the fertilizer into the northern market, chairman of the Kano state Agro Dealers Association Alhaji Shuaibu Akarami said agro-dealers have confidence in Dangote fertilizer as they have in all his products, adding that as a dealer who spent decades in the business he has discovered that Dangote fertilizer will have no problem penetrating the market in the North.

“I have checked the product and have found out that it will have no problem penetrating the market. With my experience in agro products, I can authoritatively say the product has met our expectations and that has confirmed the confidence we have in Dangote fertilizer and other sister products of the Dangote Group,” he said.

The Dan-Hydro fertilizer Company in Kano which took delivery of the first batch of trucks in Kano said the timing and strategy for the introduction are rife.

Head of operations, Dan- Hydro operations Mr. Hamadi Sekou Drammeh said the Dangote fertilizer conforms to all set standard required by the regulatory agencies.

He said the phenomenon of perennial shortage of the fertilizer product will be over in the country.

He said as part of its public enlightenment plan, the company was going to work with all stakeholders in the agricultural sectors.

In the same vein, Sales Manager of Dan Hydro Mr. Sulaiman Tanko assured that the product will be sold at a reasonable price that will enable fair competition in the market. 

 

 

 

 

 

Continue Reading

Business

NGX Limited Launches Enhanced Brokers Performance Ranking Report

Published

on

NGX Limited Launches Enhanced Brokers Performance Ranking Report

Nigerian Exchange Limited (NGX) has launched an enhanced broker performance ranking report designed to provide detailed insight into the performance of Trading License Holders across asset classes and improve participation in other exchange products. The new ranking report was launched on Thursday, 10 June 2021, via a webinar themed, “The New Broker Performance Ranking: An Analytics Approach”.

The new Broker Performance Report, which shows the performance of Brokers ranked by the weighted calculated points in deals, volume, and value across all asset classes, comes in three different levels, distinguished by fields to be displayed.

READ ALSO: NGX Group launches new brand identity and website

In his opening remarks, the Divisional Head, Trading Business, NGX, Mr. Jude Chiemeka, noted that;

Today’s traditional asset managers and stockbrokers find themselves increasingly pressured by demands to monitor and measure their activities in all asset classes (Equity, Debt, ETFs), as the regulator and operating environment require better tracking, monitoring, and reporting of market activities. At NGX, we came up with the new Broker Performance Ranking report as one of the solutions to this challenge”. 

“The new Broker Performance Ranking adopts an analytical approach in determining the total ranking of the brokers. It shows the performance of brokers (Volume, Value and Deals) in different asset classes (Equity, Bond and ETPs) and ranks brokers by weighted average performance across all asset class. Thereby providing a level playing field and fair recognition for active market participants”, Mr. Chiemeka added.

Through frequent communications across its touchpoints and engagements such as this webinar, NGX is working tirelessly to ensure that Trading License Holders and other stakeholders are empowered with information to deliver more values

Continue Reading

Business

TotalEnergies: 50% Gas Energy Mix To Be Achieved By 2030

Published

on

TotalEnergies: 50% Gas Energy Mix To Be Achieved By 2030

Mr. George Oguachuba, Executive Director  Commercial, and Strategy, TotalEnergies says the company targets a 50 percent gas energy mix by 2030.

Oguachuba made this known at a panel discussion at the 4th Nigeria International Petroleum Summit in Abuja on Thursday.

READ ALSO: The African Energy Chamber’s Investment Committee commits to facilitate investments worth

”As a company and a business,  the strategy is to become more and more as a company and our target is that by 2030 we should have about 50 percent gas energy mix in TotalEnergies.

”And this coincides with Nigeria government as it announced Decade of gas, saying that gas will play a significant role in the country’s economy,” he said

He said that the company had started monetization of gas resources to put in infrastructure for the delivery of gas to end-users.

He added that they are also putting up pipelines for the delivery of gas to the domestic action.

“We have another option which is 300 million gas pipeline dedicated for supply for domestic gas obligations with government and we have signed three contracts on it.

He noted that the company was faced with challenges of appropriate price, how to make sure that gas gets to end-users,  among others

Continue Reading

Subscribe to our Newsletter



Trending

Subscribe to our Newsletter