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UBA GMD/CEO, Oliver Alawuba, Conferred With Doctorate Degree By Imo State University [PHOTOS]

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For his immense contributions to the growth of banking and finance in Nigeria and across Africa, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, was on Saturday, conferred with an Honorary Doctorate Degree in Banking and Finance by the Imo State University (IMSU) Owerri, Nigeria.

Alawuba was honoured during the school’s 8thConvocation Ceremony, an event witnessed by the Executive Governor of Imo State, Senator Hope Uzodinma. Also in attendance were the former Governor of the State, Dr. Rochas Okorocha, the University’s Pro-Chancellor, Chief Sir, Ernest Nwapa; Vice-Chancellor Professor U.U. Chukwumaeze, Vice-chancellors from various tertiary institutions in Nigeria, captains of industries and a host stakeholders.

Whilst congratulating Alawuba, the Vice Chancellor, Professor U.U. Chukwumaeze pointed out that the conferment is in recognition of Alawuba’s contribution to redefining Public Sector Banking in Nigeria and across Africa.

“The honour is in recognition of your numerous contributions to the financial sector in Nigeria and Africa and as one of the major drivers who contributed to taking modern banking to all state capitals and major cities in Nigeria where hitherto most banks primarily concentrated on the major commercial centres of the country,” Professor Chukwumaeze stated.

Speaking after receiving the recognition, Alawuba expressed his appreciation to the leadership of the University for the honour extended to him, just as he attributed his success to God and hard work. He took time out to encourage the students to stay focused and diligent whilst congratulating other fellow awardees.

Alawuba said. “I am grateful to the management of IMSU for the honour and recognition, and I want to thank the amiable governor, the VC and other top executives of this great institution for the honour that you have shown me today. I promise that I will continue to do my best to make this school and indeed the indigenes of this great state proud. I also seize this opportunity to advise the young ones to be focused and put their best in their studies, so that one day they will also be recognised globally.”

Other awardees of the honorary Doctorate Degree include the former Governor of Anambra State, Her Excellency, Dame (Dr) Virgy Ngozi Etiaba; Chief Chika Emenike, CEO of Tummy Tummy Noodles, Chitec Motors Limited, and Kotec Group of Companies; and Engr Simbi Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB.

Alawuba who emerged the best graduating student in Food and Technology from the Abia State University, is the recipient of multiple awards from humanitarian organisations, and is also a member of several organisations and sports club. He is married to an Associate Professor Dr. Mrs Nkeirula Oly-Alawuba and they are blessed with seven children.

Alawuba is a seasoned banking professional with over 25 years of work experience. He has a broad range of strategic and well-grounded experience in Corporate and Institutional Banking, Consumer Banking, Public Sector, Retail and Commercial Banking, Project Management, Corporate Governance, and overall bank management.

Prior to his appointment as the Group Managing Director/CEO of UBA Group, overseeing the group’s banking operations across its 20 subsidiaries in Africa and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates, Alawuba was at various times country CEO and Regional CEO of UBA’s Rest of Africa operations.

Oliver holds B.Sc. and M.Sc. degrees in Food Science and Technology and an MBA in Banking and Finance. He is an alumnus of the AMP and SEP programmes of the prestigious INSEAD Business School, France and the London Business School respectively. He is also a Fellow of the Nigerian Institute of Management (NIM) and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN).

BIG STORY

Police Arrest Six For ‘Hacking Telecoms Firm To Divert N7.7bn Airtime’, Recover 400 Laptops, 1000 Mobile Phones

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Operatives of the Nigeria Police Force (NPF) have arrested six suspects for allegedly hacking into a telecommunication company in Nigeria to divert airtime and mobile data worth N7.7 billion.

A statement on Wednesday by Benjamin Hundeyin, the force spokesperson, said the suspects allegedly gained unlawful access to the telecommunications company’s core systems.

The suspects are Ahmad Bala, Karibu Mohammed Shehu, Umar Habib, Obinna Ananaba, Ibrahim Shehu, and Masa’ud Sa’ad.

Hundeyin said operatives recovered two mini plazas, retail outlets containing over 400 laptops, 1,000 mobile phones, and a Toyota vehicle.

The force spokesperson said a “substantial” amount of money was traced to the suspects’ bank accounts.

“The syndicate was responsible for the illegal diversion of a telecommunications company’s airtime and data resources, resulting in an estimated financial loss of over ₦7.7 billion,” the statement reads.

“The breakthrough followed a petition by a Nigerian telecommunications company, which reported suspicious and unauthorized activities within its billing and payments infrastructure.

“Investigations revealed that internal staff login credentials had been compromised, granting threat actors unlawful access to core systems.

“Following weeks of planning, coordinated enforcement operations were executed in October 2025 in Kano and Katsina States, with a follow-up arrest in the Federal Capital Territory.

“The suspects would be charged to court on the completion of the investigation.

“Meanwhile, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has commended the officers involved in the investigation for their professionalism.”

 

 

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NLC Directs Unions To Continue FCTA Strike Despite Court Order

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The Nigeria Labour Congress (NLC) has directed its affiliate unions in the Federal Capital Territory (FCT) to continue the ongoing strike by workers of the FCT Administration, despite a court order directing that the industrial action be suspended.

The directive was contained in a circular dated January 27, 2026, and signed by Benson Upah, the acting general secretary of the NLC.

In the circular addressed to presidents and general secretaries of all Abuja-based unions, the NLC said it was “reaffirming and reinforcing” its earlier instructions for workers to sustain the strike action until their demands are fully met.

“We hereby reaffirm and reinforce the directive to all affiliate unions in the FCT to not only proceed with the ongoing action but to intensify and sustain it until all workers’ demands are fully addressed,” the circular reads.

The NLC noted that issues such as unpaid wage awards and promotion arrears, non-remittance of pension and National Housing Fund deductions, as well as alleged intimidation of workers, are yet to be resolved.

“These violations are grave, unacceptable, and incompatible with the principles of fairness, justice, and decent work,” the NLC said.

“Affiliate unions are therefore directed to fully maintain participation in the industrial action; reinforce mobilisation of members for all congress-approved activities; and mobilise members to continuously participate in daily prayer and solidarity sessions from 8:00 am to 5:00 pm at designated venues across the FCT.”

The NLC warned against any withdrawal from the strike at this stage, saying such action would embolden further violations against workers.

“This struggle demands unity, discipline, and unwavering commitment. All affiliates are expected to comply strictly with this directive in the collective interest of the Nigerian working class. An injury to one is an injury to all,” the circular reads.

On Tuesday, a national industrial court in Abuja ordered workers on the payroll of the FCTA to suspend the strike.

Delivering a ruling, Emmanuel Subilim, presiding judge, held that although the matter before the court amounted to a trade dispute, the defendants’ right to embark on industrial action was not absolute.

He held that once a dispute has been referred to the national industrial court, any ongoing strike must cease pending the determination of the case.

 

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BIG STORY

Return To Work Immediately Or Face Legal Action, Wike Tells FCTA Workers As Court Orders Strike Suspension

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The Minister of the Federal Capital Territory, Nyesom Wike, on Tuesday warned striking staff of the Federal Capital Territory Administration to return to work immediately or face legal action, following a National Industrial Court ruling ordering an end to the strike that has disrupted public services in Abuja for over a week.

Briefing journalists shortly after the court’s decision, Wike insisted that the rule of law must prevail and accused political actors of exploiting the industrial action for motives unrelated to workers’ welfare.

“The administration was already in the process of mediation when some politicians hijacked the strike,” he said, adding that several of the workers’ demands were “frivolous” and either unreasonable or already addressed.

Wike said the FCTA approached the court after determining that the strike had been “hijacked by politicians,” despite ongoing dialogue and attention to a substantial number of workers’ concerns.

He highlighted the administration’s efforts to support staff welfare, including salary payments and reforms within the civil service.

The minister disclosed that more than N12bn had just been approved for the payment of January salaries to FCTA workers, describing the move as evidence of the government’s commitment to its workforce.

Pointing to improved revenue performance under his leadership, Wike noted that the FCT had generated over N30bn in internally generated revenue, a significant increase compared with previous years.

He urged workers to recognise reforms implemented by the administration, including the establishment of the Civil Service Commission and infrastructure investments across the territory.

“Workers are largely responsible for the lack of development in states, including the FCT,” he said.

Wike dismissed circulating reports suggesting he had been forced out of his office during protests linked to the strike.

“I was never chased out of the office,” he said, explaining that he had merely stepped out to see President Bola Tinubu off at the airport.

Adopting a firm stance, the minister warned against further disruptions of government operations.

“Anyone who dares to lock the gates again will be made a scapegoat, because the law must be obeyed.”

He alleged that some senior civil service officials had played a role in sustaining the strike, claiming that certain directors were instigating the action, but said this would not prevent the administration from pursuing the right course.

Wike emphasised that engagement between workers and the government did not require direct access to him personally.

“Seeing me in person is not a right,” he said, noting that workers’ representatives had been in discussions with management throughout the dispute.

He concluded by warning that staff who failed to comply with the court order and resume duties immediately would face legal action, signalling a tougher enforcement phase as the FCTA seeks to restore full public services.

Workers of the FCTA, operating under the Joint Union Action Committee, had embarked on an indefinite strike on January 19 over unresolved welfare concerns.

The National Industrial Court issued an interlocutory injunction stopping the strike after an application by Wike.

Justice E.D. Subilim granted the order on January 21 and adjourned the suit to March 23, 2026, for hearing of the substantive case.

Delivering his ruling on Tuesday, Justice Subilim said the defendants’ right to strike was not absolute.

“The defendant’s right to an industrial action is not absolute, but as circumscribed by law,” he said. He prohibited workers from participating in the strike once a dispute had been referred to the court and ordered that any ongoing strike must cease pending determination.

“An order of interlocutory injunction is hereby granted, restraining the defendants and respondents, their agents, representatives… together with all other members of the Joint Unions Action Committee … from further embarking on any industrial action, strike, picketing, lockout, or any other form of obstruction against the claimant, parastatals, and political appointees,” the judge added.

Counsel for the claimants, James Onoja (SAN), hailed the court’s decision, urging the unions to obey the order and return to work while allowing room for mediation.

“We commend the court for making an order for the stopping of the strike… I think this is commendable because it will allow the parties to discuss. Our plea to the Union is to allow industrial harmony. They should go back to work and allow for mediation,” Onoja said.

Counsel for the respondents, Maxwell Opara, described the workers as law-abiding citizens and said he would advise the unions to respect the court order.

“The workers are law-abiding citizens. We are going to advise them to respect the court. The one good thing is that the court has also mandated that we commence mediation, not as a matter of advice, in line with the law… we must comply with it,” Opara said.

JUAC President, Rifkatu Iortyer, confirmed that workers would comply, call off the strike and immediately return to work while continuing to “push for other things.”

“We are law-abiding citizens, and because they have said we should return to work, we are returning to work, pending our next appearance,” she said.

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