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
FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures
FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures
By: Michael Mike
The Federal Ministry of Environment has issued a fresh flood warning covering at least ten states, cautioning that sustained heavy rainfall over several days could trigger flooding in vulnerable communities.
The alert, released by the Ministry’s Erosion, Flood and Coastal Zone Management Department through the National Flood Early Warning Centre (NFEWS), indicates that parts of the country may experience intense rainfall between April 13 and April 17, 2026, with a high likelihood of overflow in low-lying and flood-prone areas.
According to the advisory, the states identified as being at risk include Adamawa, Enugu, Kaduna, Kogi, Kwara, Niger, Osun, Oyo, Plateau, and Taraba. Authorities listed specific locations within these states where flooding could occur if rainfall intensity exceeds normal thresholds.
In Adamawa State, Ganye and Gbalji are among the areas expected to be affected, while Nsukka in Enugu State also falls within the risk zone. In Kaduna State, communities such as Buruku, Kachia, Kaduna, and Kafanchan have been highlighted.
The warning further identified Ibaji in Kogi State and Bode-Sadu and Ilorin in Kwara State as vulnerable locations. In Niger State, Chanchaga, Minna, and Sarkin Pawa were listed, while Osun State communities including Ilesa, Iragbiji, Oshogbo, and Otan Ayegbaju may also face flooding.
A significant number of areas in Oyo State, particularly within Ibadan, were mentioned in the forecast. These include Apata, Bodija, Challenge, Eleyele, Moniya, Odo-Ona, and Ojoo, all of which have historically experienced drainage challenges during heavy rainfall. Bukuru in Plateau State and Serti in Taraba State were also identified as areas of concern.
The Ministry emphasized that the predicted flooding could disrupt livelihoods, damage infrastructure, and pose risks to lives if adequate precautions are not taken. It therefore urged residents in the affected areas to clear drainage systems, avoid building or residing along waterways, and prepare for possible evacuation where necessary.
Relevant stakeholders, including state governments, emergency management agencies, and local authorities, were advised to activate contingency plans and strengthen early response mechanisms. The Ministry also encouraged continuous public awareness campaigns to ensure that residents remain informed and responsive to safety directives.
In addition, the government called for collaboration and feedback from stakeholders to improve coordination and response efforts during the forecast period.
The advisory was endorsed by Usman Abdullahi Bokani, Director of the Erosion, Flood and Coastal Zone Management Department, who reiterated the importance of early preparedness in reducing the impact of natural disasters.
The latest warning underscores growing concerns over seasonal flooding in Nigeria, particularly as climate variability continues to intensify rainfall patterns and increase the frequency of extreme weather events across the country.
FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures
National News
UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners
UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners
By: Michael Mike
In a significant move poised to reshape adolescent development in Nigeria, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) has partnered with CWAY Group to roll out a large-scale initiative targeting improved health outcomes and inclusive learning for young people across key states.
The programme, titled “Strengthening Adolescent Health and Inclusive Learning,” will be implemented in Enugu, the Federal Capital Territory (FCT), Lagos, and Ogun States, with an ambitious target of reaching more than one million learners.

At the signing ceremony in Abuja, UNESCO’s Head of Office and Country Representative, Jean-Paul Ngome Abiaga, framed the agreement as a defining step beyond institutional collaboration.
“This is not just a formal agreement; it is a commitment to expanding opportunity, safeguarding dignity, and securing a better future for adolescents,” he said.
Abiaga outlined three strategic pillars underpinning the partnership—deepened inclusion, the integration of health and education, and sustained multi-stakeholder collaboration—emphasizing that equitable access must remain central to the initiative.
“Inclusion is not optional. Every adolescent—regardless of gender, ability, or background—must have access to quality education and the health knowledge required to thrive,” he stressed.
He further underscored the critical link between health and learning, noting that the initiative would deploy evidence-driven interventions to simultaneously address both sectors. According to him, empowering adolescents with the right information and support systems will enable them to make informed life choices and contribute meaningfully to society.
On the private sector’s role, Abiaga commended CWAY Group for demonstrating leadership through impactful corporate social responsibility, describing the collaboration as a model for purposeful investment in national development.
Speaking on behalf of CWAY, Deputy Director Moses Wang said the company’s involvement reflects a long-standing commitment to community advancement.
“We began with the community, and this initiative brings us back to our roots on a much larger scale. It is an opportunity to drive meaningful change across the country,” Wang said.

He added that after more than two decades in Nigeria’s manufacturing industry, the company is intensifying its focus on education and health as pillars of sustainable growth. “No nation can develop without educating its youth and safeguarding their health. This partnership enables us to address both in a structured and lasting way,” he noted.
Also lending her voice, the Secretary-General of the Nigerian National Commission for UNESCO, Olagunju Lateef, described the initiative as a reflection of shared responsibility among stakeholders to invest in Nigeria’s young population.
Represented by the Head of Education Sector, Mrs. Eunice Ayara, she expressed optimism that the collaboration would deliver tangible benefits, particularly for marginalized groups.
“This effort signals a collective resolve to equip adolescents with the knowledge, skills, and support they need to succeed, especially those who are often left behind,” she said.
The initiative is expected to strengthen inclusive education systems, expand access to reliable health information, and foster stronger partnerships among government agencies, educators, and local communities. Notably, at least 1,000 learners with disabilities are among those set to benefit directly, underscoring the project’s inclusive focus.
As implementation gets underway, stakeholders have been urged to maintain transparency, accountability, and long-term commitment to ensure the programme delivers measurable and sustainable impact.
With its scale and ambition, the UNESCO–CWAY partnership signals a renewed push to place adolescent well-being at the centre of Nigeria’s development agenda—bridging gaps in education and health while shaping a more inclusive future for the next generation.
UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners
National News
Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’
Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’
By: Michael Mike
Retired senior officers from Nigeria’s key paramilitary agencies have applauded President Bola Tinubu for approving a lifetime salary structure for top-ranking officers, describing the decision as a long-overdue act of justice that restores dignity to years of national service.
The commendation came on Wednesday in Abuja when former Controller-Generals and Deputy Controller-Generals from the Nigeria Immigration Service, Nigeria Security and Civil Defence Corps, Federal Fire Service and the Nigerian Correctional Service paid a courtesy visit to the Minister of Interior, Olubunmi Tunji-Ojo.

Leading the delegation, former Comptroller-General of the NIS, Chukwura Udeh, said the gesture by the President has brought closure to years of neglect and uncertainty that trailed their retirement.
He noted that successive administrations had failed to resolve the issue, leaving many senior officers to endure financial hardship after dedicating decades to national security.
According to him, the newly approved lifetime salary structure represents more than a policy shift, but a recognition of sacrifice and a reassurance that service to the nation will not end in hardship.
“Kindly convey our deep appreciation to Mr President. What was treated as a simple approval today subjected many of us to years of suffering in the past,” he said, recalling how some retirees felt abandoned despite their contributions to national stability.
Responding, Tunji-Ojo said the Tinubu administration places a premium on the welfare of security personnel, stressing that nation-building goes beyond infrastructure to prioritising the people who safeguard it.
He explained that the President’s “Renewed Hope” agenda is anchored on improving the living conditions of both serving and retired officers, insisting that no personnel should retire into poverty after years of meritorious service.

“The President does not consider your welfare a mere slogan but a duty. You have given the best years of your lives to Nigeria; the country must, in return, stand by you,” the minister said.
Tunji-Ojo further highlighted ongoing reforms within the paramilitary services, including the clearance of longstanding promotion backlogs and the conduct of promotion examinations across the agencies.
He said the reforms have restored morale among officers, enabling them to progress in their careers predictably and serve with renewed pride and professionalism.
“The service has never been this structured and forward-looking. Officers now wear their uniforms with pride, knowing their future is more secure,” he added.
The visit underscored growing confidence among retired personnel that recent policy interventions by the Federal Government are beginning to address systemic welfare gaps within Nigeria’s paramilitary architecture.
Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’
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