Bakers threaten 60% price hike

In a statement jointly issued by the chairmen of the Association of Master Bakers and Caterers of Nigeria, bakers in Lagos State have called on the Federal Government to intervene in the prices of baking materials, saying the current situation may lead to an increase in the prices of bread. The associations chairmen of Kosofe and Surulere, Lagos, Taiwo Akintola and Ibitoye Oladapo, expressed sadness over the rates of baking materials due to the COVID-19 pandemic. According to them, the cost of the materials is killing the bakery business, as…

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UBA brings Contactless Banking for Customers’ Safety

The United Bank for Africa (UBA) Group has disclosed its preparedness to enhance contactless banking across Africa for the safety of its customers. The bank pointed out that with the coronavirus which necessitates social distancing, there is need to ramp up banking channels that would ensure less physical contact by its customers. The Group Head, Digital Banking, UBA, Mr. Sampson Aneke, revealed this during a virtual media parley which had the Chairman, Mr. Tony Elumelu in attendance. Aneke said the recent upgrade of UBA app offers customers seamless means to…

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