Allcitynews.blog.com

  Posted by allcitynews.ng  The fifth edition of the Yale Model African Union (YMAU) concluded successfully in Accra, bringing together over 300 delegates, policymakers, industry leaders, and entrepreneurs from across Africa and the diaspora for three days of dialogue, innovation, and collaboration. Held from March 13–15, 2026, under the theme “Imagine, Challenge & Build the Africa We Want,” the milestone conference marked five years of fostering youth leadership and policy engagement across the continent. The conference featured a robust programme including African Union committee simulations, leadership workshops, the Mandate-to-Market Innovation Pitch Contest, and a University and Career Fair. A key highlight was the panel session “Designing the Future: Creativity at the Intersection of Policy and Enterprise,” which explored how innovation, policy design, and private sector leadership can work together to drive sustainable development and economic transformation. Am...

  By allcitynews.ng There seems to be bright light at the end of the tunnel in aviation industry as Federal Competition and Consumer Protection Commission (FCCPC) has announced that stranded  passengers are entitled for proper entertainments. Photos and videos of stranded passengers in airports after flight delays and cancellations have hit the internet in recent days as airlines grapple with the unavailability and hike in the price of Jet A1 fuel. The FCCPC reiterated that passengers are entitled to food, airtime, and, in certain instances, accommodation, in cases of delayed flights. The FCCPC’s Director, Corporate Affairs, Ondaje Ijagwu, said this on Channels Television’s The Morning Brief. “If your flight is delayed, you are supposed to be given refreshments. After some more hours of delay, you are supposed to be given airtime. “From what we understand from the books and the law, you are supposed to be given airtime because you could be seen to be at least in distr...

  WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE News Update, Tuesday, 28/04/2026 ‎ ‎**FG bonds record 35% oversubscription in April auction ‎ ‎**My talks with Jonathan anchored on repositioning Nigeria - Obi ‎ ‎*Gbenga Hashim urges labour to be active in saving Nigeria’s Democracy ‎ ‎**FG moves to tackle tsetse flies-associated diseases ‎ ‎**Sanwo-Olu endorses Hamzat for 2027 Lagos governorship ‎ ‎**Ibadan summit: Accord denies backing joint ticket, demands name removal ‎ ‎**Lawyer insists on public asset declaration by govs, legislators, judges ‎ ‎**Kukah Centre trains 300 Katsina security personnel in rules of engagement ‎ ‎**Adeleke converts 12-year casual workers to permanent staff at Osun hospital ‎ ‎**‘You see how it feels to be persecuted’ — Sowore confronts Malami ‎ ‎**Minister promises to address housing deficit ...

  WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND  THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE News Update, Sunday,26/04/2026 ‎ ‎**Atiku, Kwankwaso, Amaechi storm Ibadan as Obasanjo leads Opposition Unity Summi ‎ ‎----- All agreed to work towards fielding one Presidential candidate ‎ ‎**FG, EU to deepen partnership in security, trade, others ‎ ‎**Tinubu celebrates Alebiosu at 90, hails legacy of service ‎ ‎**Jonathan’s legacy rooted in experience, results — Yuguda replies Atiku ‎ ‎**Tinubu gave me free hand as minister — Onyejeocha, to declare ambition soon ‎ ‎**APC names Uba Sani campaign council chair for Ekiti governorship poll ‎ ‎**FG flags off airport chapel, pilgrims centre in Abuja ‎ ‎**2027: Nwifuru dispels rumours of candidate imposition  ‎ ‎**Borno APC endorses Tinubu, Shettima for 2027 ‎ ‎**Akpoti-Uduaghan vows to appeal N1bn defamation ruling, slams ...

  Posted by allcitynews.ng  As part of its developmental goals, United Bank for Africa Plc,  leading Pan-African financial institution, has released its unaudited financial results for the first quarter ended March 31, 2026, demonstrating resilient operating performance and continued balance sheet strength despite a moderated profitability environment. Gross earnings increased by 5% to ₦801.5 billion, driven by growth across key revenue lines. Interest income also rose 6.9% to ₦641.1 billion, while non-interest income grew 17.3% to ₦137.1 billion, highlighting the Group’s expanding and diversified revenue base. Net interest income advanced 10.5% to ₦383.7 billion, supporting a 12.2% increase in operating income to ₦520.8 billion, demonstrating sustained momentum across core banking operations. The bank recorded notable improvement in key profitability and efficiency metrics, reflecting a more sustainable earnings profile. While return on average equity ...

  Posted by allcitynews.ng Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 per cent to N33.2 trillion up from N30.3 trillion at the end of 2024, alongside an 11.8 per cent increase in customer deposits from N24.3 trillion in 2024 to N27.2 trillion. The results released to the Nigerian Exchange Limited on Friday, showed that the Group also delivered strong gross earnings of N3.09 trillion from N3.19 trillion recorded the previous year. Although recording a slight drop in gross earnings, the performance was still strengthened by resilient core business fundamentals and a diversified Pan-African footprint, even as the year reflected a strategic repositioning of its balance sheet for sustainable long-term growth. Overall, the bank’s 2025 performance was impacted by prudent and forward-looking risk management decisions, including loan loss provisions of N331...