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UBA Wins Big at Finacle Client Innovation Awards

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United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India by Infosys Limited; the corporation that provides business consulting, information technology and outsourcing services to financial institutions across 19 countries.

 

UBA won the ‘Award for Process Innovation’ on account of its innovative approach to transaction authentication and reconciliation and also clinched the award for ‘Project Management Innovation’ as a result of the outstanding work it has done on implementing a ‘multi country migration of Finacle core banking solution using the Clustered Rollout concept. The awards were keenly contested for by financial institutions with over 160 nominations received from across different banks in 94 countries.

 

Commenting on the awards, Mr. Kennedy Uzoka, the Group Managing Director/CEO, UBA Plc said the Finacle Awards is an attestation to the quality of human resources that abound in UBA and the importance the Bank places on using information technology to better serve its customers. “UBA has remained the leading bank in driving customer satisfaction and banking penetration across Africa using information and computer technology”. “In achieving this, we have and will continue to commit resources to bringing convenience to our teeming customers,” he added.

 

The Finacle Client Innovation Awards recognizes some of the breakthrough innovations achieved by the clients, leveraging Finacle solutions. The award celebrates product, channel/distribution, customer service, process, custom component development and project management innovations that have benefitted banks by increasing revenues, profitability, enhancing customer satisfaction and efficiency. “Using technology to provide consumer satisfaction and excellent banking experience is important to us. In doing this, we  emphasised the acquisition of relevant technologies to drive service excellence and innovation in product and services, across all channels” said Chuks Nweke, Executive Director, Operations and Technology, United Bank for Africa.

 

UBA is one of Africa’s leading banks with operations in 19 African countries including having presence in global financial centers; New York, London and Paris. Adjudged to be at the forefront of innovation and convenience banking, UBA is one of the first financial services institutions on the continent to deploy Finacle 10x, a new information technology platform to boost its services and electronic banking channels. Today, UBA provides banking services to some 11 million customers globally, through diverse channels and several thousand touch points

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Diezani challenges EFCC’s forfeiture orders, demands return of seized property

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The Former Minister of Petroleum, Diezani Alison-Madueke, on Monday urged the Federal High Court in Abuja to order the Economic and Financial Crimes Commission to retrieve her seized assets from their current buyers.

The former minister specifically requested that the court direct the anti-graft agency to recover the seized properties from the individuals or entities to whom they were sold.

Alison-Madueke made this request through an amended application filed on her behalf by her lawyer, Chief Mike Ozekhome (SAN), before Justice Inyang Ekwo.

She sought an order to set aside the EFCC’s public notice, which served as the basis for the public auction of her assets.

She further asked the court to declare the public auction conducted by the EFCC as a violation of statutory provisions, including the EFCC Act of 2004 and the Proceeds of Crime Recovery and Management Act of 2022.

Alison-Madueke argued that the auction breached her right to fair hearing as guaranteed under Section 36(1) of the 1999 Constitution (as amended).

Additionally, she sought an order restraining the EFCC from disposing of her properties as listed in the public notice and asked the court to vacate the notice issued by the EFCC, which was based on various judgments and orders in favor of the agency.

She contended that the final forfeiture orders issued against her properties violated her proprietary rights due to a lack of jurisdiction and denial of fair hearing.

The former minister also requested an extension of time to seek the court’s leave to vacate, discharge, or set aside the public notice issued by the EFCC.

The EFCC had announced in a public notice that Alison-Madueke’s assets were up for sale between January 9 and January 13, 2023. Following this announcement, Alison-Madueke initiated legal action against the EFCC.

In an originating motion marked FHC/ABJ/CS/21/2023, filed on January 6, 2023, she sought an extension of time to apply for an order to set aside the public notice and prevent the auction of her assets.

However, in a counter-affidavit filed on March 14, the EFCC urged the court to dismiss the suit.

The affidavit, deposed to by litigation officer Oyakhilome Ekienabor, refuted several claims made by Alison-Madueke.

Ekienabor stated that extensive investigations into the former minister’s activities during her tenure had led to criminal proceedings against her in various courts, including the Federal High Court.

He cited charges filed in 2017 and 2018 as part of the evidence against her and explained that the properties were sold in compliance with final forfeiture orders issued by the Federal High Court on July 9, 2019, and September 10, 2019.

According to Ekienabor, these forfeiture orders were not issued in violation of Alison-Madueke’s rights to fair hearing, and the properties were disposed of in accordance with due process.

“The cases leading to the forfeiture orders were actions in rem, and the decisions are binding on all,” he said.

He added that during the forfeiture proceedings, the court had instructed the EFCC to publish a notice inviting interested parties to show cause why the properties should not be forfeited.

Ekienabor further stated that Alison-Madueke was represented during one of the proceedings, but the court ultimately issued the final forfeiture orders after considering submissions made by her counsel.

Justice Ekwo, on February 17, granted the former minister’s request to amend her suit following a motion by her counsel, Godwin Iyinbor.

At the resumed hearing on Monday, Iyinbor informed the court that an amended originating motion had been filed and served on the EFCC on February 20. He requested an adjournment to respond to the commission’s counter-affidavit, which was filed on March 14.

Justice Ekwo emphasized the need to expedite the case, considering its long duration since it was filed in 2023.

The EFCC’s counsel, Divine Oguru, apologized for the delay in responding and assured the court of readiness at the next hearing.

“We will be ready to go on in the next adjourned date my lord,” he said

The judge subsequently adjourned the matter to March 27 for hearing.

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Shuaibu: Obaseki duped me of $300,000 in guise of lobbying PDP leaders for ticket

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Philip Shuaibu, a former deputy governor of Edo State, has alleged that ex-Governor Godwin Obaseki defrauded him of $300,000.

In a recent interview with The Sun, Shuaibu claimed that Obaseki took the money under the pretense of lobbying party leaders ahead of their defection to the Peoples Democratic Party (PDP).

“When the issue of moving to PDP arose and the debate was about what the party would gain, I told him to go ahead, even if it meant sacrificing the deputy governor slot,” Shuaibu stated.

He further revealed: “I contributed $300,000. He told me he was adding it to $700,000 to lobby leaders in Port Harcourt, but we later found out from the zonal PDP Chairman that no such money was given.”

Expressing frustration, Shuaibu added, “He duped me. It took me seven months to repay the money in installments. I had to raise the alarm because I was repaying a debt for money that was never used. Till today, he hasn’t returned it.”

He named key PDP figures, including Chief Dan Orbih and Ogbeide-Ihama, as witnesses to the situation.

Obaseki and Shuaibu were once political allies but have been embroiled in a prolonged political battle.

Their fallout began after the 2020 Edo State gubernatorial election when tensions over succession planning emerged. Shuaibu, who had been loyal to Obaseki, reportedly sought to succeed him in 2024, but Obaseki resisted the move. This led to public clashes, allegations, and Shuaibu’s impeachment in 2024.

However, in a dramatic turn of events, the court later reinstated Shuaibu, declaring his removal unconstitutional. The ruling intensified the political crisis in Edo State, further widening the rift between the two former allies.

Despite Obaseki’s efforts to maintain political control, his anointed candidate, Asue Ighodalo, lost the Edo State governorship election to Monday Okpeboloh, the candidate of PDP.

The defeat marked a major political setback for Obaseki, further weakening his influence in the state’s political landscape.

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Former Lagos PDP Governorship Candidate Jandor Set To Join APC

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Dr. Olajide Adediran, popularly known as Jandor, a former Lagos State governorship candidate of the Peoples Democratic Party (PDP), is reportedly set to join the ruling All Progressives Congress (APC) today (Monday).

According to The Nation, Jandor has finalised plans to defect to the APC just two weeks after resigning from the PDP.

Reports indicate that the former Lagos PDP chieftain will formally announce his defection at a scheduled press conference at his campaign office in Ikeja.

 

Jandor had recently held consultations with President Bola Tinubu, former Vice President Atiku Abubakar, and other political figures following his resignation from the PDP.

 

His spokesperson, Gbenga Ogunleye, confirmed in a statement last Thursday that the meeting with the President took place on Monday.

 

The statement read, “I can confirm that Dr Abdul-Azeez Olajide Adediran Jandor met with President Bola Tinubu on Monday (last week).

 

“He has earlier met with Vice President Atiku Abubakar, former President Ibrahim Babangida, former Head of State, Gen. Abdusalami Abubakar, the presidential candidate of the SDP in the 2023 general elections, Prince Adewole Adebayo, among other prominent national leaders. It is part of his ongoing consultation after his resignation from the Peoples Democratic Party.

 

“The National Secretary of the PDP and other leaders of the party also visited him recently to appeal for the reconsideration of his resignation from the PDP.

 

“Dr Adediran will meet with his political associates and critical stakeholders in Lagos over the weekend and address the media by Monday, 17th March 2025.”

 

Adediran was the governorship candidate of the PDP in the 2023 Lagos State governorship election. He emerged as the party’s candidate after defeating other aspirants in the primaries.

 

Jandor, a former APC member and founder of the Lagos4Lagos Movement, had presented himself as a fresh alternative to the long-standing APC government in Lagos.

 

To bolster his chances and appeal to a broader electorate, he chose popular Nollywood actress and producer Funke Akindele as his running mate.

 

Akindele’s selection was strategic, aiming to leverage her massive influence in the entertainment industry and among Lagos’s youth and urban voters. However, their campaign faced significant challenges, including internal party conflicts.

 

Despite their efforts to present a strong opposition, the Jandor-Akindele ticket was unsuccessful in unseating the APC government. They finished behind both the incumbent governor, Sanwo-Olu, and Gbadebo Rhodes-Vivour of the Labour Party.

 

In March 2023, the Independent National Electoral Commission (INEC) declared Sanwo-Olu as the winner of the March 18 Lagos governorship election.

 

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