Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2020, showing double-digit improvement across all its major income lines. The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5 percent year-on-year growth in profit before tax in the first three months of 2020, to N32.7 billion compared with N30.2 billion recorded in the first quarter of 2019. Again, UBA sustained its strong profitability recording an annualized 20% Return on Average Equity (RoAE). Driven by a…
Author: Prompt News
By Amosu Adeboye, LAGOS Nigeria midfilder Wilfred Ndidi says he is happy at Leicester City and has no intention of leaving the club at the moment. Ndid’s impressive form for the Foxes has sparked speculation surrounding his future. Arsenal have been linked with a move for the Nigeria international, while Manchester United has also been mentioned as a possible destination. However, the 23-year-old has been quick to play down any transfer talk. “I still have a contract with Leicester. I am learning and trying to improve myself every day and I am doing OK here, so no need to go anywhere.” Last…
Speaker Femi Gbajabiamila The Speaker of the House of Representatives Rep. Femi Gbajabiamila has urged Nigerians, especially Muslims, to use the Holy month of Ramadan in prayers for the country.The Speaker also said they should use the Holy month to pray to Almighty Allah for an end to the COVID-19 pandemic and a return to normal life in the country and the world at large.In a message congratulating Nigerian Muslims for ushering in the Holy month of Ramadan peacefully, the Speaker also urged the faithful to use the period for sober reflection and to get closer to their Creator.He said…
The Nigerian Ports Authority, NPA, has dismissed reports that a senior member of staff has tested positive for coronavirus, COVID-19.Prompt News recalls that news broke out late Friday that a top shot at the NPA who has been infected with the deadly covid-19 virus was mixing freely with other staff.But, the NPA through Mr. Jatto Adams, General Manager, Corporate and Strategic Communications, frowned at the report which he said was not verified.He therefore, states as follows: “A member of staff of one of the terminals at the ports, who has not been at the office since Friday April 17, 2020…
For years as an active Broadcast Journalist, I hardly got time off and was on duty back to back as the news never ends. This state of things was daunting for my family and pretty stressful for me. While people took breaks at weekends, I would be on duty on a fine Sunday morning. The profession had chosen me and I had also chosen it. This kind of schedule that I had meant that during many Christmas holidays I was either on an editorial team at work or I was in fact producer of the leading NTA network news at…
By Harry Awurumibe, ABUJA BUREAU EDITOR Apparently impressed with the low number of Coronavirus (Covid-19) fatalities in the country so far, Lagos State Commissioner for Health, Professor Akin Abayomi has said that Nigeria is managing the outbreak better than some countries across the world. Abayomi who was a guest of ‘Sunrise Saturday’ on Channels Television this morning also revealed that Lagos State will change strategy as cases of Covid-19 continue to rise in the state.The Professor of Internal Medicine who is the Chairman of Lagos State Task Force on Covid-19 Pandemic argued that, “Nigeria is doing better than other countries in…
Like the Minister of Works and Housing Mr Babatunde Raji Fashola has pointed out, the inks will, for a long time from now, flow in tributes to Abba Kyari, the late Chief of Staff to President Muhammadu Buhari.And, the tributes will, of course, be written by those who loved and despised Abba Kyari, a man who, surprisingly, can be said to be more loved in death than alive. Abba Kyari, in death, seems to be, to most Nigerians, that man who was good, patriotic and humble but misunderstood and had his character disparaged and maligned.Now dead, we hear and believe…
By Kazeem Qudus, IBADAN Nigeria Friday night recorded 114 new confirmed cases of coronavirus (Covid-19).With the new cases recorded in eight (8) states and FCT, Nigeria now has total confirmed cases of 1,095.Nigeria Centre for Disease Control tweeted via @NCDCgov:”114 new cases of #COVID19 have been reported;80 in Lagos21 in Gombe5 in FCT2 in Zamfara2 in Edo1 in Ogun1 in Oyo1 in Kaduna1 in Sokoto”As at 11:30 pm 24th April there are 1095 confirmed cases of #COVID19 reported in Nigeria.Discharged: 208Deaths: 32 Find the breakdown below:Lagos-657FCT-138Kano-73Ogun-35Gombe-30Katsina-21Osun-20Edo-19Oyo-18Borno-12Kwara-11Akwa Ibom-11Kaduna-10Bauchi-8Delta-6Ekiti-4Ondo-3Rivers-3Jigawa-2Enugu-2Niger-2Abia-2Zamfara-2Sokoto-2Benue-1Anambra-1Adamawa-1Plateau-1
United Nations High Commissioner for Human Rights, Ms Michelle Bachelet, says several countries are using the Coronavirus pandemic as excuse to restrict press freedom. Speaking to newsmen in Geneva on Friday, Bachelet said she was alarmed by reports of clampdowns by governments in many parts of the world. She warned that the situation was impeding the free flow information needed to defeat the disease. “Some states have used the outbreak of the new Coronavirus as a pretext to restrict information and stifle criticism. “A free media is always essential, but we have never depended on it more than we do…
The Peoples Democratic Party (PDP) caucus in the House of Representatives has urged Muslims to imbibe and demonstrate the spirit of tolerance, forgiveness, sacrifice, mutual love and respect for one another during Ramadan. In a statement by leader of the caucus, Rep. Kingsley Chinda, the lawmakers said Nigeria needed prayers especially in the midst of the numerous challenges facing the country particularly, the COVID-19. “We hereby for ourselves, our families, constituents and the PDP caucus in the House of Representatives join well-meaning Nigerians to felicitate with Muslim faithful across the globe, particularly those in Nigeria, as we mark this year’s…