Uba advances literacy through national essay competition

December 23, 2025

Reported by AI

United Bank for Africa (UBA) is promoting literacy in Nigeria via its National Essay Competition. The initiative aims to encourage writing and reading among youth. It highlights the bank's commitment to educational development.

United Bank for Africa (UBA), a leading financial institution in Nigeria, is actively supporting literacy efforts through its annual National Essay Competition. This program engages students and young writers across the country, fostering skills in composition and critical thinking. By organizing such events, UBA contributes to broader educational goals, addressing challenges in reading and writing proficiency. The competition serves as a platform for participants to express ideas on relevant topics, potentially influencing policy and awareness on literacy issues. While details on the latest edition remain limited in available reports, the initiative underscores UBA's role in corporate social responsibility within the education sector.

United Bank ranks seventh among top low-income housing financiers in November 2025

United Bank has risen to the seventh position among the largest providers of mortgage finance for the low-income housing initiative, with a portfolio valued at EGP 2.459 billion, according to data from the Social Housing and Mortgage Finance Fund at the end of November 2025. This portfolio accounts for a 2.8% share of total mortgage financing directed toward low- and middle-income housing, benefiting 33,890 individuals nationwide.

AltBank supports teachers amid Nigeria's classroom crisis

December 31, 2025 Reported by AI

AltBank has stepped in to support teachers as Nigeria grapples with a worsening crisis in its classrooms. The initiative comes at a time when educational challenges are intensifying across the country.

Africa

Egypt's central bank hosts seminar on regulatory developments with African peers

Africa

Baze University wins 2025 CGMA Business Leader Challenge

Africa

Seven Quran champions receive cars and cash in Abuja

Ahadu Bank profits signal resilience but capital falls short

Ahadu Bank concluded its latest financial year with strong profits, marking a notable achievement for a young lender, yet it faces capital constraints. The bank expanded rapidly and earned substantially, but reforms in Ethiopia's financial sector are outpacing its balance sheet adaptations. This highlights challenges for late-entrant banks in a rapidly liberalizing market.

CBE and EBI launch fraud combating training programme

December 29, 2025 Reported by AI

The Central Bank of Egypt (CBE), in cooperation with the Egyptian Banking Institute (EBI), has announced the launch of a new training programme titled “Foundations of Fraud Combating” to enhance professional competencies in the banking sector and build resilience against emerging risks. The programme seeks to raise awareness of the latest and rapidly evolving fraud schemes impacting the banking industry.

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