Pan African Financial institution, United Bank for Africa (UBA) Plc has rewarded another set of 100 loyal customers with a total of N10m in the UBA Bumper account draw. The 100 customers won N100,000 each in this month’s edition of the draw which began in January 2020.
The virtual and transparent draw which was held at the UBA Head Office in Lagos on Wednesday, was transmitted live via the Facebook platform in strict compliance with social distancing rules as directed by the Federal and Lagos State Government.
Just like the previous draw held in May, lucky winners, who were contacted via their mobile phone numbers were overjoyed as they emerged the latest winners of N100,000 each. While expressing gratitude to the bank, they said the winnings will go a long way in meeting their pressing needs especially in these trying times, when the Covid-19 pandemic has made most businesses vulnerable.
UBA’s Group Head, Consumer and Retail Banking, Jude Anele, who congratulated the lucky winners, said they were rewarded for their loyalty to the bank. He also noted that the bank is dedicated to supporting customers and remains passionate about their success and overall growth.
He said: “I will like to reiterate that UBA is always happy to reward and support customers. 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. With this in mind we decided to prioritize them as we always like to do at UBA by giving them ample reason to be joyful.
Continuing, Anele said: “Our key objective is to encourage our customers save regularly. We are here to support them likewise encourage them save and ultimately grow as well, because we are aware that they are invaluable to all that we do.”
UBA’s Group Head Marketing & Customer Experience, Michelle Nwoga, who explained that the main purpose of the UBA Bumper Account is to ensure that Nigerians fully embrace the savings culture; noted that the monthly, quarterly and targeted draws will also go a long way to assist customers through these turbulent times, by providing them with funds that will help ease the difficulties occasioned by the pandemic.
Explaining the modalities for the draw, Nwoga said that all new and existing customers need do to qualify for the draw is to ensure that they have a minimum deposit of N5,000 in their UBA Bumper Account. Current UBA customers are to dial *919*20*1# to migrate to the UBA Bumper Account whilst potential customers should dial *919*20# if interested in opening a UBA Bumper Account.
She also added that for the bumper account a monthly shopping allowance of N100,000 for a year is also up for grabs. “No fewer than five account holders will get a whopping N2 million each across all participating regions every quarter.
Speaking further, Nwoga disclosed that UBA is constantly working on best ways to serve the interest of customers by making their lives easier, “This is why as a bank, we continue to invest in cutting edge technology that guarantees ease as is evident in our recent mobile app upgrade which offers a more interactive, user friendly interface that makes available a myriad of opportunities from the comfort of customers’ homes,” Nwoga stated.
She explained that the new mobile app will now prompt users to use their device enabled biometrics, adding that the menu has been reduced and divided into sub-menus to enable users view Transaction History, Net worth, Trends amongst others at a glance.
“One other key feature of the app, worthy of mention is that it includes the live chat option, where users can communicate on the go with dedicated staff trained to assist with any enquires and challenges; biller validation; as well as group transfer – a new menu where users can create groups, save members and transfer funds to up to 100 members on the group. You can be assured that UBA never relents in guaranteeing premium customer satisfaction,” she said.
Attached is the list of winners and the link below directs you to the live draw.
Chris Okotie, founder of the Household of God Church, has rejected the guidelines issued by the Lagos state government for the reopening of worship centres.
The Lagos state government, on Thursday, announced that religious activities will resume in two weeks.
While Muslims will return to mosques on June 19, Christian worship would begin on June 21.
Some guidelines were also announced by the state government to facilitate the reopening of worship centres and to curb the spread of COVID-19.
They include the compulsory use of face masks; restriction of people below the age of 15 and above 65 years from services, while gatherings should not exceed one hour.
But in a statement, Okotie rejected the guidelines, saying the “fulfilment of the Bible prophecy” against the church is already being played out and that rearranging the church’s mode of worship is “to deny God the divine prerogative of congregational adoration”
Citing how Dagon, the god of the Philistines, was destroyed in the Bible, he said the coronavirus will be annihilated in like manner.
He, however, said while hia church awaits the defeat of the virus, its doors will remain closed until “these profanation and secularization have been pulverized by the Emperor of heaven.”
“Beloved, yesterday, the abomination of desolation took a giant step towards standing in the holy place. Fulfillment of bible prophecy is being accelerated by the forces of Janes and Jambres,” he said.
“To reorder temple worship is to deny God the divine prerogative of congregational adoration and the holy genuflects of the saints in light. Let no man’s heart be troubled by the vengeance of satanic antagonism.
“Dagon the god of the philistines fell in obeisance before the Ark of God. Coronavirus, the god of Secular Humanism will be decapitated in like manner.
“Our doors will remain closed until these profanation and secularization have been pulverized by the Emperor of heaven. Unto him shall the gathering of the people be. To thy tents O Israel.”
The clergyman had earlier criticised the proposed guidelines offered by the Christian Association of Nigeria (CAN) to the federal government, saying they were “unbiblical”.
According to CAN, the guidelines, in accordance with the government’s efforts to tackle the COVID-19, would determine the operations of churches when they reopen.
No fewer than 110.7 million Nigerians out of a 195.8 million estimated population had access to electricity as of 2018, according to the latest global energy progress report.
This represents a 57 per cent national electricity access rate compared with the global average of 90 per cent, says the report launched at the United Nations (UN) on Thursday.
It indicates an increase in the number of Nigerians with access to electricity by 34.6 million people from 76.1 million in 2010.
On the global scene, the report says the world has made “promising progress’’ towards ensuring universal access to sustainable energy over the last decade.
According to the document, the number of people without access to electricity dropped from 1.2 billion globally in 2010 to 789 million in 2018.
This, however, is not the case in Nigeria, where the figure rather increased from 82.4 million people without electricity access in 2010 to 85.2 million in 2018.
The reports states that renewable energy solutions played a big role in the global progress, with more than 136 million people receiving basic electricity services from off-grid sources by 2018.
According to the document, the world saw an improvement in renewable energy consumption from 16.3 per cent in 2010 to 17.3 per cent in 2018.
In Nigeria, the report shows that renewables accounted for 83 per cent of the total energy consumed by the citizens in 2017.
But there was a decline in the renewables to total energy ratio in the country from 86.9 per cent in 2010 to the 83 per cent recorded in 2017.
“Still, unless efforts are stepped up significantly, an estimated 620 million people globally would remain without access to electricity in 2030.
“This number could become even higher with the impact of the COVID-19 pandemic,’’ the report warns.
Titled “Tracking SDG 7: The Energy Progress Report’’, the document is published annually by custodian agencies of Sustainable Development Goal (SDG) 7, which targets energy access for all.
It provides the most comprehensive look available at the world’s progress towards global energy targets on access to electricity, clean cooking, renewable energy and energy efficiency.
The report also serves to guide international cooperation and policy making to achieve universal and sustainable energy access by 2030.
It is produced by the International Renewable Energy Agency (IRENA) in collaboration with the International Energy Agency (IEA), World Bank, Word Health Organisation (WHO) and other relevant agencies.
The report also captures a huge increase in the number of Nigerians with access to clean cooking fuels and technologies between 2010 and 2018.
As of 2018, 20.5 million people or 10 per cent of the population had access to clean cooking energy, up from just 2.7 million people in 2010.
But many Nigerians remained behind on this score with 175.4 million citizens lacking access to clean cooking energy sources in 2018 as against 155.8 million people in 2010.
This also means that the country missed out on the global decline in the number of people without access to clean cooking energy sources from three billion in 2010 to 2.8 billion in 2018.
However, the report reflects an improvement in the country’s energy efficiency by 6.4 per cent between 2015 and 2017, higher than the global average of five per cent.
On financing, the document indicates that Nigeria received a total of five billion dollars (about N1.8 trillion) from abroad in support of its renewable energy efforts.
This included funds from the country’s international development partners under Public Private Partnership (PPP) arrangement on renewable energy projects.
Pan African financial institution, United Bank for Africa (UBA) Plc, has upgraded its mobile banking application, introducing lots of exciting and interactive features to aid banking, whilst allowing customers to perform unlimited transactions with simple taps on their mobile phones.
The award winning innovative bank which was the first to launch its chat bot Leo on the continent, is committed to delivering superior and innovative banking solutions to its customers.
Group Head, Digital Banking, Sampson Aneke, who spoke about the new features of the upgraded mobile app, said UBA as a listening institution, aims to provide the best value possible for its customers through a more interactive, user friendly interface that makes available a myriad of opportunities from the comfort of customers’ homes.
He explained that the new mobile app will now prompt users to use their device enabled biometrics, adding that the menu has been reduced and divided into sub-menus to enable users view Transaction History, Net worth, Trends amongst others at a glance.
“With the new interface, the user can now see all the transfer options including the saved beneficiary option at a glance and can even order food for delivery via the app,” he said.
Customers who subscribe to the lifestyle offering on the app will enjoy access to the free online medical doctor, a great response to the new norm created by Covid-19 pandemic.
Other features of the app, as highlighted by Aneke, include the live chat option, where users can communicate on the go with dedicated staff trained to assist with any enquires and challenges; biller validation; as well as group transfer – a new menu where users can create groups, save members and transfer funds to up to 100 members on the group.
This Group Beneficiary transfer feature which does a single lumpsum debit and multiple credits to beneficiaries irrespective of banks where their accounts are domiciled, makes the upgraded UBA app, the first app in Africa to be able to pay salaries, thus addressing a major need in the MSME space.
“Another exciting feature that we have already started receiving rave feedback from our customers for, Is the one that enables users make Loan Requests via Click Credit(For Salary Account Holders) or Quick loans which is available to both savings and current account holders. Our customers have already started to enjoy these services, and I can tell you that they are very pleased with these new offerings,” Aneke said.
UBA’s Group Managing Director, Kennedy Uzoka, expressed delight with the upgrade of the new mobile app and stated that the bank’s numerous investments into digital transformation has begun to yield good returns for customers, going by the reviews already received.
“I would like to let you know that all the investments we have made over the years in the area of technology will begin to yield now, because already UBA’s new Mobile Banking App demonstrates our resolve to provide unparalleled experience across all our channels is in line with UBA’s vision to dominate Africa’s digital banking space,” Uzoka said.
Operating in 20 African countries and globally in the United Kingdom, the United States and France, the United Bank for Africa has a strong record of supporting its communities, through challenging times.
The Nigerian National Petroleum Corporation (NNPC) says it is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company.
The corporation said this in a statement on Thursday that the move was part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue generation for the country.
The statement quoted the corporation’s Chief Operating Officer, Ventures and Business Development, Mr Roland Ewubare, as saying that the Ajaokuta-Kaduna-Kano (AKK) pipeline network would enable the NNPC to deepen its footprint in the power sector through the establishment of an Independent Power Plants.
Ewubare also stated that NNPC would use its network of excellent medical centres across the country to provide innovative healthcare for Nigerians.
“NNPC is creating an energy company that would have portfolios in renewable energy; we have initiatives on solar that is ongoing.
“We have got biofuels agreements with some state governments that would soon be activated.
“We do have a lot of non-core businesses that are aggregated under the Ventures and Business Development Autonomous Business Unit of the NNPC.
“This would be expanded through effective collaboration and partnership with the private sectors,” Ewubare said in the statement signed by NNPC Spokesman, Kennie Obateru.
He further disclosed that the NNPC had hectares of land across the country and would soon partner with private developers to reduce the housing deficit in the country for the benefit of Nigerians who are core shareholders of the corporation.
Ewubare explained that NNPC’s aspiration was to achieve a $10 per barrel cost by the fourth quarter of 2021, adding that a lot of logistics costs would be recalibrated to drive down the cost of crude oil production in the country.
“When you have a low commodity price regime, as the case now, the only way we are able to squeeze out some reasonable cash and financial gain to the nation is by curtailing and constraining our costs in line with the GMD’s aspiration to push for a 10 dollar per barrel cost of production.
‘Against this backdrop, the conversation around cost becomes an imperative and urgent one,” Ebuware said.
He said the corporation was working closely with its partners to commercialise flared gas by converting it to Compressed Natural Gas (CNG) and Liquefied Natural Gas, adding that the gesture would preserve the flora and fauna of the country.
Looking for ways to stimulate your child’s brain? Luckily for you, we have a wide range of educational programmes designed to allow children learn a few things during their time in front on the TV. From history, math, science to current affairs, GOtv offers it all and more.
Grab your remote and join in on this fun educational journey!
Here’s a list of 6 programmes that are most worthy for the children to watch:
Tune in for all these and more on Da Vinci (channel 66).
- It’s World Environment Day! Celebrate it with us on Friday, 5th June from 4pm to 7pm and see why it’s so important to take care of our amazing planet as it whizzes through the universe. Discover why our climate changes on Did You Know? At 6pm and master the power on air on Xploration DIY SCI at 6:30pm. Bam! For some people, taking care of our world is like going to the office. On When I Grow Up at 5pm, Michaela learns what it’s like to work as an urban gardener and a forest manager. And Matilda and the Ramsay Bunch at 5:30pm meet the people helping sealions at a rescue centre. What cool jobs! Even when you are staying at home you can do your bit for the earth, by recycling. Check out the great ideas on Totally Rubbish at 4pm, and make jewelry out of crisp packets, skittles from plastic bottles or a cool cardboard scooter for your pens.
- World Ocean Day airs on Monday, 8th June from 7pm to 11pm. Why is earth called the blue planet? Because over 70% of it is covered in water! Wow! On World Oceans’ Day, we remember how important the ocean is for us and all the creatures that live in it, from teeny tiny organisms to the largest animal in the world – the blue whale. The ocean is also where we find a team of scientists defying the bitter cold on Operation Iceberg at 9:05pm. It’s a race against time, as icebergs are melting because of climate change. See how this affects the ocean and the way we live in other ways, too, on Climate Change by Numbers at 7pm and Did You Know? At 8:35pm. The power of nature!
- New episodes on PinCode airs Saturdays at 2pm. Each episode deals with a different science topic in an exciting and understandable way, keeping kids entertained as they learn.
- New episodes also on The Treehouse Stories airs Fridays at 3:30pm. Four friends meet in a secret treehouse in order to share their favourite books. In each episode we dive into one story through a different design.
- Brand new! Which Universe Are We In? premieres Sunday, 14th June at 9pm. Get ready to leave your pre-conceived notions of reality at the door and open your mind to whole new worlds of possibility! There’s an idea, once thought so radical, that just mentioning it was considered pure insanity. But now cosmologists are daring to think the unthinkable. Tune in to Which Universe Are We In? to join them as they look at the evidence suggesting that our universe is just one of an infinite number of others in a vast multiverse. They discuss different theories of how these multiple universes could exist. So which one are we in? Who knows! Mind-bending!
Also, don’t miss out on this:
- A new uLesson Educational content on for SS1 to SS3 students premieres Monday, 8th June on AM family (channel 2). Learn how to recognize, classify and name living things through Biology, learn the different forms of matter through Chemistry, experience something cool about triangles as well as fraction through Mathematics and be introduced to the objects around us; how the move, the ways of describing their features and the measurement and qualities used to do so through Physics. Catch it daily from 4pm – 5pm.
Don’t miss out on the quality programming in June. Follow GOtv on Twitter, Instagram and Facebook for more. Visit www.gotvafrica.com or download the MyGOtv app from the iOS and Android store to find out more and for self-service options. You can also pay for your GOtv subscription using – USSD CODE (*288#), PAGA, Quickteller, Automated Teller Machines and Bank Apps. The GOtv toll lines; Etisalat (09085330333), MTN (08139842260), Airtel (07080630900) & GLO (08117930333) are also available to speak with customer service representatives.
Lagos State Governor, Mr. Babajide Sanwo-Olu, has appointed Mr. Lekan Fatodu as his Senior Special Assistant (SSA) on Sustainable Development Goals (SDGs) in his desire to strengthen the delivery of the United Nations agenda in the areas of education, healthcare, poverty eradication, environment and sanitation among others.
Fatodu, a renowned development expert, has over 18 years of experience in the areas of International Development, Strategic Communications and Diplomacy garnered through his early years of engagement in global actions and focusing on common good in different parts of the world.
Prior to this appointment, Fatodu was the publisher of Checkout magazine, a business and development-focused publication; the lead consultant at Leeman Communications, a development, digital solutions and strategic communications firm and the producer of the highly successful entrepreneurship forum, the Africa Shapers Initiative, a platform for the exchange of great ideas between established and aspiring entrepreneurs on the continent.
The Senior Special Assistant will support Sanwo-Olu’s vision to mainstream the UN Sustainable Development Goals across Ministries, Departments, Agencies and the Local Council Development Areas to ensure Lagosians feel the impact of governance in line with the T.H.E.M.E.S agenda of the government.
With his extensive global network, Fatodu has been facilitating greater support and initiatives from the international development space to Africa and Nigeria in particular, thereby opening up the country to invaluable skills and resources that will enable it confront its development challenges more effectively.
In 2017, Fatodu convened the 1st African Roundtable on Business and Sustainable Development in the British Houses of Parliament, London, a high-level engagement that played host to the then British Prime Minister’s Envoy on Trade to Nigeria, John Howell and the Private Parliamentary Secretary on International Trade, Iain Stewart and other influential stakeholders in International Development towards engendering better outcomes from actions.
For his numerous positive and exemplary endeavours, Fatodu has received many recognitions and awards.
He was the recipient of the Most Outstanding Entrepreneur Award by Strides Media UK in 2011 and was awarded for his ‘outstanding achievement and exemplary public endeavours” by the University of Lagos Alumni Association, Lagos State Chapter in 2014 amongst other honours.
Fatodu is a graduate of the University of Lagos, Nigeria where he bagged a degree in Mass Communication. He also attended the University of Westminster, London for his Master’s degree in Diplomatic Studies. He is also a PRINCE2 Certified Project Management Practitioner from the UK.
The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol.
The agency made the disclosure in a document it released in Abuja on Thursday entitled, ‘’Market Based Pricing Regime for Premium Motor Spirit (PMS) Regulations, 2020’’.
It said in the document signed by its Executive Secretary, Mr Abdulkadir Saidu, that, henceforth, the price of PMS would be determined by market forces.
It said that it would continue to monitor trends in the crude oil market and advise the Nigerian National Petroleum Corporation and oil marketers on monthly guiding price for the commodity.
The agency said that it made the regulations with the approval of the President Muhammadu Buhari.
“From the commencement of these regulations, a market-based pricing regime for Premium Motor Spirit (PMS) shall take effect.
“The agency shall monitor market trends and advise the NNPC and oil marketing companies on the monthly guiding Market-Based Price.
“The price of Premium Motor Spirit (PMS) advised by the agency shall be guiding retail price at which the product shall be sold across the country.
“The regulations may be cited as the Premium Motor Spirit (PMS) Market Based Pricing Regime Regulations, 2020, made this 20th day of March, 2020,” it said.
According to the agency, the regulations seek to complement and enforce the provisions of the PPPRA (Establishment) Act, 2003, and to notify the general public of the existence of a market-based pricing regime for PMS with effect from March 2020.
The Senate is probing over N1.8 trillion Federal Government interventions in the Power Sector since privatisation of the sector from 2012 to date.
Chairman, Senate Committee on Power, Senator Gabriel Suswam, made this known at a meeting with members of the Committee on Thursday in Abuja.
The meeting was on Power Sector Recovery Plan and the Impact of COVID-19 pandemic.
The chairman, who said that the three-day hearing would begin next week, recalled that the Senate had a motion on the floor where the committee was mandated based on that motion to investigate comprehensively the power sector, especially in areas as it related to the intervention.
Suswam said that the Committee would investigate all interventions in the sector since the privatisation of the sector to date with a view to ascertaining the adequacy of such interventions and their desired impact.
“We are looking at the intervention and whether corporate governance had been introduced since privatisation because the expectation is that the sector will become efficient, unfortunately that is not the case.
“You know that the Federal Government had over the years intervened at various times in different sums: N701 billion, N600 billion and this year there has been N380 billion and N213 billion.
“All of these monies were Federal Government interventions in the power sector with the intention and hope that the power sector will become efficient and Nigerians will have access to electricity.
“Unfortunately, in spite of these huge amount of monies that have been expended, the result in what we see today is that the performance is below expectations,” Suswam added.
He however noted that the investigation would not be punitive, but intended to identify the reasons for efficiency and under performance in terms of unstable and inadequate electricity supply in the sector in spite of the huge financial interventions by government.
Suswam said other objectives of the investigation was to assist President Muhammadu Buhari to achieve his promise to Nigerians of providing them with adequate and stable power supply.
“The investigation is intended to identify why this interventions have come and there has been no improvement.
“This is so that at the end of the day, the leadership of the Senate will present that to the President of this country, who has shown a lot commitment to providing electricity to Nigerians,” he said.
He listed those agencies to appear before the committee to include Ministry of Finance and Central Bank of Nigeria (CBN) because most of the interventions of government came from these two bodies.
Others, Suswam said, are the Nigeria Bulk Electricity Trader (NBET), Nigeria Electricity Regulatory Commission (NERC), Transmission Company of Nigeria (TCN) and Presidential Power Initiative among others.