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UBA Joins PCAF Global Core Team, Leading The Way In Carbon Accounting

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been admitted as a member of the prestigious Partnership for Carbon Accounting Financials (PCAF). By this admission, UBA is the only financial institution from West Africa to be selected and listed among the 14 members of the global core team representing all regions.

The selection process, which attracted over 50 highly qualified candidates from the PCAF signatory community, highlighted UBA’s exceptional commitment and leadership in sustainable finance, and as a core team member, the bank will contribute to the development of international accounting standards for the financial industry.

The Chief Executive Officer, PCAF, Ace Robinson, commended UBA and the new core team members for their exemplary contributions.

He specifically pointed out that UBA is the only bank from West Africa on the global core team, emphasising the bank’s alignment with PCAF standards.

He said, “UBA stood out exceptionally after a rigorous application process, which attracted over 50 highly qualified candidates from across the PCAF signatory community. The bank is the only financial institution from west Africa to be listed on the prestigious global core team, that is commendable and shows that UBA is indeed in the forefront when it comes to pushing the Carbon Accounting agenda.

UBA’s Head of Sustainability, Chidozie Ezike, expressed gratitude at the opportunity for the bank to serve as a PCAF member, just as he emphasized UBA’s dedication to inclusivity, social responsibility, decarbonization, responsible business practices, and strong governance.

He pointed out that sustainability is a strategic focus for UBA in driving economic, social, and environmental value across the bank and its entire value chain, adding that “We remain a purpose driven organisation, dedicated to Africa’s long-term wellbeing and to generating social economic and environmental value, which is an outcome we regard just as important as our financial results.

With UBA’s inclusion in the PCAF global core team, the bank is poised to deepen its engagement with the PCAF standards and contribute to greater international consistency and comparability of financed emission accounting.

The new members of PCAF’s Global Core Team are: UBA’s Chidozie Ezike (Nigeria), Emily Rodgers of EIG (US), Frida Panayi of Metrics Credit Partners (Australia), Giel Linthorst of ING (Netherlands), Hetal Patel of Phoenix Group (UK), Jamie Mattison of Morgan Stanley (US), Maren Bodenschatz of Swiss Re (Switzerland), Melanie Janse van Vuuren of Investec (South Africa and UK), Rafael Martins de Oliveira of Itau Unibanco (Brazil).

Others are Ryan Greenwald of PIMCO (US), Sharad Tuladhar of NMB Bank (Nepal), Sharna Bourke of the Commonwealth Bank of Australia (Australia), Stefan Henningsson of Nordea (Finland) and Yu Takita of Mizuho Financial Group (Japan). The group is chaired by Hetal Patel, Head of Climate Investment Risk at Phoenix Group.

UBA is a leading pan-African financial institution, offering banking services to more than thirty-seven million customers across 1,000 business offices and customer touch points in 20 African countries.

With a presence in New York, London, Paris, Cayman Island and now the UAE, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

 

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FBI Lauds EFCC, Promises Support As Agency Hands Over Recovered $22k From Convicted Fraudster

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The Economic and Financial Crimes Commission (EFCC) says it has handed over $22,000 recovered from Hakeem Olanrewaju, a convicted internet scammer, to the Federal Bureau of Investigations (FBI).

The EFCC, in a statement on Saturday,said the money was handed over to the FBI in Lagos, as the victim, who was defrauded, lives in the US.

Nicholas Oweibo, the judge of the federal high court in Ikoyi, sentenced Olanrewaju to two years imprisonment for identity theft and impersonation in August 2023.

The judge also ordered that the money recovered from him be restituted to his victim.

Speaking during the handover ceremony in Lagos on Friday, Michael Wetkas, acting director of the Lagos zonal command of the EFCC, said the commission remains dedicated to combating crimes and restoring sanity to the nation.

“We are delighted to be handing over this proceeds of crime today,” Wetkas said, adding that “the EFCC is willing and always ready to do more”.

Charles Smith, FBI legal attaché in Nigeria, thanked the EFCC for facilitating the recovery of the money.

“This type of crime cripples businesses in the US, and for them to recover the money within one to two years gives hope to the affected companies and brings some level of justice, even if not all subjects have been identified,” Smith said.

“We hope our relationship continues and fosters a more cohesive partnership between the two agencies.”

Smith added that the FBI is willing to support the investigation in any way possible.

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My Wife Invited Her Friends To Our Home To Beat Me During Our Crisis — Oritsefemi

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Famous Nigerian singer, Oritsefemi has alleged that his wife, Nabila Fash, invited her friends to their home to beat him up during their marital crisis.

He said the ladies, numbering about 20, overpowered and physically assaulted him.

The ‘Double Wahala’ hitmaker disclosed this in a candid chat with media personality, Chude Jideonwo.

Oritsefemi stated that he has been unlucky with marriages, claiming that his first wife also dumped him after sponsoring her to Dubai.

“My wife [Nabila Fash] asked her friends to come and beat me up in my house. I said, ‘Look at me o; a whole me, lion na he women dey pursue.’ They were about 20. They dealt with me. I’m not lying,” he said.

Oritsefemi’s marriage to Nabila Fash hit the rocks in 2022, with Fash accusing the singer of incessant cheating.

In October 2022, Fash officially filed for divorce from Oritsefemi over infidelity and domestic violence.

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Chain Reactions In 7 Star Performance At 2024 SABRE Awards

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It was a seven-star performance for Chain Reactions Africa (CRA), one of Africa’s leading Public Relations and Integrated Communications Consultancy as it took home seven African SABRE trophies, more than any other public relations firm in Africa in the 2024 competition.

The awards which were held at the end of the annual African Public Relations Association (APRA) Conference, were presented by Provoke Media, organizers of the awards in Basam, Abidjan, Cote D’Ivore on May 16th 2024.

The work covered campaigns for the Lagos Metropolitan Area Transport Authority (LAMATA), and its Lagos Blue Rail, 9mobile’s The Hack – Expand Your Hustle’, ‘Taming the Bull’ for the Presidency, ‘Next Era of Happiness’ for leading biscuit company, Pladis Foods Nigeria Limited.

Receiving the awards on behalf of Chain Reactions and its clients, was its Managing Director/Chief Strategist, Israel Opayemi, who noted that this is a seven-star performance by Chain Reactions Africa at the 2024 SABRE Awards.

In his comments Opayemi said “to emerge as the highest winner at the 2024 edition of the award with seven SABRE Awards is humbling as well as exciting for us at Chain Reactions Africa. We are immensely proud to be honoured on such a global platform like the SABRE awards which is the holy grail of Public Relations globally as the awards programme is dedicated to benchmarking the best PR works across the globe.”

He continued, “I am making a three-fold dedication of these multiple trophies to our clients who believe in us, my team members who do the brave works relentlessly and our dear country Nigeria. Ten years ago, we were at the SABRE Awards in Miami, Florida in the United States watching and applauding as winners took turn on stage. Ten years ago, we were asking for a seat at the table. Today, we are sitting in creative resplendence at the head of the table. Today, we are flying the Nigerian flag on the global stage. We are now a territory of reckon and relevance in the global PR space.”

It seems winning awards is just a Chain Reactions thing, chuckled Arun Sudhaman CEO and Editor-in-Chief of Provoke Media, organizers of the SABRE Awards as Opayemi rose up seven times to receive the awards. The PR consultancy also picked up four Certificates of Excellence in recognition of its work launching the Nigerian Youth Trend Report 2024 known as ‘ARAMANDA’, ‘Next Era of Happiness’, ‘Lagos Blue Rail’, ‘The Hack – Expand Your Hustle’, and ‘Taming the Bull’.

In his reaction, President and Chairman of Council of the Nigerian Institute of Public Relations (NIPR) described the awards by Chain Reactions Africa as “a harvest of honours for Nigeria”. He thanked the Chain Reactions Africa team for their outstanding works saying, “thank you for making us proud.”

Chain Reactions Africa has over the years won several prestigious SABRE awards and has been awarded more than 15 Certificates of Excellence. At last year’s award, the company won CEO of the Year category for the Lagos State Governor, Babajide Sanwo-Olu for use of public relations to tell the story of his administration’s achievements and scooped two Certificates of Excellence in the Corporate Image category for the ‘Momentum Campaign’ for Cellulant, a flagship payment solution provider; and ‘Marketing to Consumers’ category for ‘The #NaijaHighlandah Campaign’ for William Lawson’s, Scotch Whiskey brand.

The 2024 Africa SABRE Awards shortlist included more than 120 campaigns, selected from over 500 entries in this year’s competition, which recognizes Superior Achievement in Branding, Reputation and Engagement. The campaigns were evaluated by a jury of industry leaders.

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