National News
VP Shettima Extols UBA’s Dedication To Innovation, Emerging Markets At 75
VP Shettima Extols UBA’s Dedication To Innovation, Emerging Markets At 75
** Says bank has shaped narrative of what African institutions can become
By: Our Reporter
The Vice President, Senator Kashim Shettima, has extolled what he termed the staying power of the United Bank of Africa (UBA Group) in the past 75 years, describing the financial institution as a pacesetter in innovation, emerging markets and generational ambition.
“Seventy-five years is not something you pick up at a supermarket. It is earned. It’s through risks and calculations, through storms and sunshine, through mergers and acquisitions, and through the brainpower and courage of those who believe in its promise of a new world. That is what leadership means,” he declared.

Senator Shettima, who spoke on Friday evening during the UBA 75th Anniversary Dinner at Transcorp Hilton Hotel in Abuja, noted that the celebration of an institution like UBA “that has outlived generations and still pulses with the vibrancy of youth” is not something that happens everyday.
He said, “The United Bank for Africa, or simply UBA, is not what it is because of the age of its ideas. It is what it is because of the attention it pays—attention to innovation, attention to emerging markets, attention to shifting dreams, and attention to the changing contours of generational ambition.
“UBA has remained a pacesetter because it is led by people who do not just manage capital, but manage curiosity”.

Applauding UBA for outliving all its contemporaries, VP Shettima attributed its staying power to its passion for relevance, even as he described the bank as a quintessential specimen of what an African institution could become by institutionalizing excellence.
His words: “UBA’s staying power is owed to its pursuit of relevance. It has stood as a reward for new thinking, expanding not just across geography, but across ideas.
“It serves millions, it shapes economies, and it influences the narrative of what an African institution can become when excellence is institutionalised and when well-intentioned dream-makers are in charge.”
The Vice President did not celebrate UBA without acknowledging the leadership ability of the bank’s Chairman, Mr Tony Elumelu, whom he described as one of the finest sons of the African continent, just as he observed that no institution writes its history without the signature of those who believe in it.
According to him, Elumelu has “become a bridge between the old and the new, between the outdated and the emerging,” adding that he “has won the trust of even the Gen Zs, or whatever this brilliant, digital generation calls itself.”
The Gen Zs, VP Shettima noted, have absolute trust in Elumelu “not because of the era he was born in, but because of the attention he pays to theirs,” observing further that he is being heard across generations because he listens across generations.
He continued: “Tony Elumelu is not a dreamer. Dreamers are those who are stuck in the bubble. Mr Elumelu is a dream-maker. He has made true the imagination of those who wish for an empire from the comfort of their homes. He has taught us that it is possible to build without breaking, to lead without losing touch, and to dream without borders.
“One thing that has amused me about Mr Elumelu over the years is that he has cracked a code many still struggle to decipher—the delicate art of balancing the boardroom with the living room, of being a captain of industry and still a commander at home.
“Not many men have managed a balance between building empires and building families, between saving the world and being present at Christmas in their village. But this man, this maverick, this dream-maker, has shown us that you can help move the continent forward without losing touch with home and family.”
The VP also lauded Elumelu’s wife, Dr Awele Elumelu, saying she is not just a spouse, “but an Amazon—a matriarch who gathers the kith and kin under her warm canopy,” as well as the quiet strength behind the force that is her husband.
Earlier, Group Chairman of UBA, Tony Elumelu expressed profound gratitude to the Vice President while acknowledging the bank’s foundational history.
“This is a night of celebration, gratitude to God and to customers and shareholders who have made it possible,” Elumelu stated.
The Chairman emphasised the importance of honouring those who established UBA’s foundation, saying, “We all today are under the shields because someone planted the tree. The foundation of UBA was laid by people before us, we are only taking it further.”
Looking toward the future, Elumelu expressed confidence in the bank’s continued success, tying it directly to Nigeria’s economic environment.
“On the vision of the next 75 years, just keep transforming our domestic economy as President Bola Ahmed Tinubu is doing, and UBA will keep roaring,” he affirmed.
In his welcome address, UBA’s Group Managing Director, Dr. Oliver Alawuba, expressed gratitude to attendees while highlighting the bank’s remarkable journey since its inception.
“75 years ago, UBA commenced operations at Kakawa Street in Lagos as British & French Bank (BFB),” he said.
The GMD emphasised UBA’s impressive expansion over the decades, noting the bank now operates in 24 countries with 1,000 business offices, over 25,000 staff members, and a customer base exceeding 45 million people.
Dr. Alawuba shared financial metrics demonstrating the bank’s robust performance, including a profit after tax of N766.6 billion and total assets reaching N30.4 trillion.
He said shareholders have been rewarded with a dividend of ₦5 per share, representing a dividend yield of 14.5% – the highest among industry peers.
He also pointed out that the group’s shareholders’ funds rose significantly to N3.419 trillion in 2024 from N2.030 trillion in December 2023.
“The 2024 financial performance demonstrated the bank’s continued focus on driving earnings growth, preserving asset quality, expanding business operations and deepening market share,” Alawuba said.
Looking to the future, the GMD outlined an ambitious vision for UBA to establish a presence in every African country and expand to over 100 countries worldwide within the next 75 years.
VP Shettima Extols UBA’s Dedication To Innovation, Emerging Markets At 75
National News
Shettima Hosts Gates Foundation Delegation as 2027 Political Calculations Begin
Shettima Hosts Gates Foundation Delegation as 2027 Political Calculations Begin
By: Michael Mike
Nigeria’s Vice President, Kashim Shettima, on Wednesday received a high-level delegation from the Gates Foundation at the Presidential Villa in Abuja, in a visit that observers say comes at a politically sensitive moment ahead of the 2027 presidential election.
The delegation was led by the President of the foundation’s Global Growth and Opportunity division, Hari Menon, and included senior officials of the organisation’s Nigeria office. The team briefed the vice president on the foundation’s ongoing programmes and partnerships in Nigeria.
Posting on his verified Facebook page after the meeting, Shettima commended the foundation for its long-standing support to Nigeria in critical sectors such as health, agriculture and development.
“Yesterday, I received in audience a delegation of the Gates Foundation led by the President of the Foundation’s Global Growth and Opportunity (GGO) division, Mr. Hari Menon, at the Presidential Villa, Abuja,” the vice president said.
“In my interaction with the delegation, I applauded the Gates Foundation for sustaining investments and humanitarian aid in Nigeria. Indeed, the Foundation remains the nation’s strategic partner in the drive to change the Nigerian narrative.”
The visit comes amid growing political conversations about the composition of the ruling ticket ahead of the 2027 presidential election and whether President Bola Ahmed Tinubu will retain Shettima as his running mate.
Although the meeting was officially centred on development cooperation, political watchers say the timing has drawn attention within policy and political circles, especially given the influence of the foundation founded by billionaire philanthropist Bill Gates.
Sources familiar with the engagement said discussions focused largely on the foundation’s interventions in Nigeria, including programmes aimed at improving public health, expanding agricultural productivity and supporting vulnerable populations.
During his visit to Nigeria, Menon also held diplomatic engagements, including a visit to the Indian High Commission where he met with the ambassador, Abhishek Singh.
The Gates Foundation has operated in Nigeria since 2000 and has been a key partner in several national initiatives, particularly in immunisation campaigns, disease control, nutrition and agricultural development. The organisation marked 25 years of its presence in the country in 2025.
Despite its extensive development footprint, some of the foundation’s programmes have occasionally attracted debate in Nigeria, particularly around issues such as genetically modified crops, vaccination initiatives and population policies.
Analysts say that as political alignments gradually begin ahead of 2027, high-profile international engagements by key government figures may increasingly attract attention beyond their immediate development objectives.
Shettima Hosts Gates Foundation Delegation as 2027 Political Calculations Begin
National News
2027: Bill Gates Joins Campaign, Supports Shettima
2027: Bill Gates Joins Campaign, Supports Shettima
By:Michael Mike
Nigeria’s Vice President, Kashim Shettima has received a highly anticipated support to continue as President Bola Tinubu’s running mate in the 2027 presidential election from chairman of the Gates Foundation, Bill Gates.
The unusual support according to sources knowledgeable about the matter is a lifeline for the embattled vice president.

Shettima, whose fate as Tinubu’s running mate has been dangling in the balance received the boost after a delegation from Gates Foundation led by the president, Global Growth and Opportunity (GGO), Hari Menon visited Shettima at the Villa on Wednesday.
According to a post on the vice president’s verified Facebook page, the delegation which also included members of the foundation in Nigeria briefed the VP on its activities in Nigeria .
” Yesterday, I received in audience a delegation of the Gates Foundation, led by the President of the Foundation’s Global Growth and Opportunity (GGO) division, Mr. Hari Menon, at the Presidential Villa, Abuja.
” In my interaction with the delegation, I applauded the Gates Foundation for sustaining investments and humanitarian aid in Nigeria. Indeed, the Foundation remains the nation’s strategic partner in the drive to change the Nigerian narrative, ” Shettima said.
However, the meeting between the vice president and Bill Gates team had another purpose, to pass a vote of confidence on the VP in order to convince President Tinubu to retain him s running mate.
” There have been calls for the president to drop Shettima because of his political baggage and alleged links to the insurgency in the Northeast. Most of the pressure is coming from the United States that currently have soldiers on the ground in nigeria, providing support for the Nigerian military.
” What better way to shore up support than to bring the biggest philanthropist to Nigeria in order to prove that he still hs some international connections, ” the source said.
In his visit to Nigeria, Menon who is of Indian heritage also visited the Indian High Commission to Nigeria, meeting with the ambassador, Abhishek Singh.
The Gates Foundation has been active in Nigeria since 2000 and it celebrated its 25th years in the country last year. Activities of the foundation has also come under scrutiny for many years especially it’s support for population control, Genetically Modified Organisms in agriculture and questionable polio immunisation.
2027: Bill Gates Joins Campaign, Supports Shettima
National News
State Police: Group Commends Tinubu, Urges Accelerated Action
State Police: Group Commends Tinubu, Urges Accelerated Action
By: Michael Mike
A good governance advocacy group, the Hope Alive Initiative (HAI), has commended President Bola Tinubu for his commitment to addressing Nigeria’s security challenges and for rallying state governors toward a framework for the establishment of state police.
In a press statement issued Wednesday in Abuja by its Director of Press and Communications, Ernest Omoarelojie, the group said lasting peace and stability in the country require a multi-layered approach that empowers communities while strengthening national coordination.
According to HAI, the establishment of state police would enhance citizens’ participation in security matters and align with Nigeria’s federal system.
The group noted that many states already operate regional security outfits and vigilante groups, stressing that legislative backing is necessary to ensure such initiatives function efficiently and complement the federal government’s security architecture.
HAI said localised policing would allow officers to better understand the terrain, culture, and unique security challenges within their communities, thereby improving rapid response and strengthening public trust in efforts to combat crime and insurgency.
The organisation also commended the Nigeria Governors Forum (NGF) for submitting a proposed state police framework to the Office of the National Security Adviser. It, however, urged governors to intensify support for the existing security architecture to address ongoing threats.
The group further welcomed recent security cooperation agreements between Nigeria and partners including the United States, United Kingdom, and France. According to HAI, the partnerships are expected to strengthen advanced training, intelligence sharing, and technological support in the fight against terrorism, banditry, and organised crime.
HAI emphasised that security remains the foundation of national development, noting that combining grassroots policing with global alliances would help create a safer environment, attract investment, and restore public confidence.
The group also praised the Nigerian military for sustaining operations against terrorists and bandits across the country and urged troops not to relent in protecting communities from criminal elements that target civilians to spread fear and panic.
It expressed confidence that the federal government would continue to provide the armed forces with the necessary equipment and welfare support needed to sustain operations and secure victory against threats to national security.
The organisation further highlighted the significance of President Tinubu’s recent state visit to the United Kingdom, where he was hosted by King Charles III. According to HAI, the visit underscores Nigeria’s growing influence in global affairs.
It added that the President’s engagement with Nigerian community leaders in the UK demonstrated the important role of the diaspora in national development and could encourage greater investment and knowledge transfer to the country.
HAI urged government institutions, civil society organisations, and citizens to support ongoing reforms aimed at strengthening security and building a more prosperous Nigeria.
State Police: Group Commends Tinubu, Urges Accelerated Action
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