Business
UBA Partners Renewvia to Commission Solar Systems Across 25 Branches
…Strengthening Nigeria–Norway Clean Energy Collaboration
In a significant stride towards deepening economic ties between Nigeria and Norway, Africa’s Global Bank, United Bank for Africa (UBA) Plc has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states.
The initiative was formalised at the official ribbon cutting ceremony held at the UBA Oba Akran 2 branch, Ikeja-Lagos Nigeria on Wednesday, by the Nordic Ambassador to Nigeria, Mr. Svein Bæra which followed a walkthrough of the Inverter/Battery Room and Operations by Renewvia team.
This initiative reflects a growing commitment to sustainable investment and innovation, a key message emphasised by UBA Group Chairman, Tony O. Elumelu, CFR, during the recent Norway–Africa Business Summit held in Oslo, where he urged global partners to view Africa not as an aid destination, but as a continent of opportunity and enterprise. “Africa needs partners, not charity,” Elumelu stated in Oslo, calling for deeper collaboration built on mutual respect, entrepreneurship, and investment.
The partnership between UBA and Renewvia embodies that call, channelling Nordic investment and African innovation into tangible, long-term impact. Supported by Empower New Energy, a leading Norway-based renewable investment company, and Incremental Energy Solutions (IES), the project will deliver the first phase of 152,000 kWh of clean energy monthly, reducing UBA’s carbon footprint by over 89,000 kilogrammes of CO₂ each month.
Under a 10-year Power-as-a-Service agreement, Renewvia will deploy advanced solar and battery hybrid systems across UBA’s branches, ensuring superior power reliability, operational efficiency, and an enhanced customer experience. Upon full rollout, the project will cover 50 locations across 18 states, representing 3 MWp of solar capacity and 7 MWh of energy storage.
UBA’s Deputy Managing Director, Muyiwa Akinyemi, said, “At UBA, we believe sustainability is not just a responsibility but a key part of building Africa’s future. This project demonstrates how innovation and partnership can deliver lasting impact in terms of growth and advancement as well as reducing our carbon footprint, improving operational efficiency, and contributing to a cleaner environment. Continuing, he said, “We are proud to work with Renewvia Solar Nigeria, Incremental Energy Solutions, and Empower New Energy to make this vision a reality.”
On his part, the Managing Director, Renewvia Solar Nigeria Limited, Adebowale Dosunmu, said, “This partnership with UBA marks a major milestone in our mission to deliver reliable, clean energy to commercial and industrial clients across Nigeria. We are proud to support UBA’s leadership in sustainability and operational excellence.
The CEO, Incremental Energy Solutions (IES) Ltd, Oladipupo Omodara, who also spoke on the project, said, “We appreciate the cooperation and proactiveness of the UBA management team, whose support helped bring this remarkable project and partnership to life. We at IES are particularly pleased that this success reinforces our commitment to helping Africa claim its rightful place in global energy investment and technology deployment.”
Giving his remarks, CEO, Empower New Energy, Terje Osmundsen, stated that Empower New Energy is proud to be the financing partner for landmark project with Renewvia Solar Nigeria, supporting UBA’s commitment to cleaner and more reliable energy. “This partnership reflects our mission to enable African businesses access sustainable power through innovative financing. It also demonstrates the strength of Nordic-African cooperation in accelerating the transition to renewable energy,” Osmundsen explained.
Earlier, in his goodwill message, the Ambassador of Norway to Nigeria, Mr Svein Bæra, noted that the partnership is a shining example of what can be achieved when African ambition meets Nordic investment and innovative practices.
“It also represents not just an energy milestone, but a strong statement of shared commitment to sustainable growth and climate responsibility.”
This collaboration underscores UBA’s position as a bank at the forefront of sustainability, integrating renewable energy to power its operations and reduce emissions. It also highlights the crucial role of Nordic investment through Empower New Energy in accelerating Nigeria’s transition towards cleaner, more reliable energy systems.
Most importantly in terms of Africa’s rapid growth and advancement, it aligns with Tony Elumelu’s broader vision of transforming Africa through entrepreneurship, private sector leadership, and strategic global alliances, partnerships that build capacity, create jobs, and unlock long-term value for both continents.
Across Africa, women are fast becoming the heartbeat of economic transformation. From bustling open-air markets to high-tech boardrooms, women-led enterprises are redefining what is possible for the continent’s future.
Whether as market traders expanding their reach through digital platforms, tech founders scaling innovations across borders, or artisans turning local crafts into global brands, women’s contributions are now central to Africa’s economic resurgence.
Even as they break new ground, many still face formidable barriers. Access to finance, mentorship, business education, and supportive networks remains limited. Structural issues such as weak property rights, gender bias, and inadequate legal protections often hinder women from securing loans or expanding their businesses.
Consequently, many women-owned ventures remain small, informal, and vulnerable to economic shocks.
Recognising both the promise and the obstacles, Access Bank has positioned itself at the forefront of empowering women across the continent. Recently named Africa’s Best Financier for Female Entrepreneurs by the EMEA Finance Awards, the Bank has earned global recognition for its commitment to inclusion, innovation, and sustainable impact.
At the centre of this effort is the W Initiative, one of Africa’s most comprehensive women-focused banking programmes. Unlike conventional banking, it combines finance with mentorship, training, and community support, acknowledging that true empowerment requires more than access to capital. The initiative meets women wherever they are on their entrepreneurial journey, from start-ups to growing enterprises and corporate leadership.
The W Power Loan offers affordable credit with flexible terms, enabling women to invest in expansion, inventory, or technology. The W Academy provides leadership and business training on financial literacy, marketing, and regulatory compliance, while the W Community connects women to peers, mentors, and role models across industries.
Importantly, these offerings extend beyond urban centres. From microloans sustaining traders in rural markets to leadership programmes developing female executives in multinational firms, Access Bank’s approach is deliberately inclusive. By partnering NGOs, business associations, and government agencies, it reaches women in underserved communities, ensuring participation in Africa’s economic rise.
The results are evident. Thousands of women have accessed credit, training, and networks through the Bank’s initiatives, enabling them to launch and scale businesses, create jobs, and uplift their communities. The ripple effects are far-reaching: increased household income, improved family wellbeing, and greater economic resilience. Women who once faced daunting barriers now serve as role models and change-makers, inspiring others to follow their path.
Studies show that when women thrive, societies prosper. The World Bank and African Development Bank note that empowering women fuels GDP growth, improves health outcomes, and enhances social stability. By directly addressing structural gaps in access to finance and information, Access Bank helps to unlock this transformative potential.
Apart from supporting entrepreneurs, Access Bank promotes gender inclusion within its own organisation. Its leadership pipeline identifies and advances talented women, while mentorship and wellness programmes help female professionals thrive. The Bank also uses public platforms, from conferences to policy dialogues, to share success stories and advocate for gender diversity across sectors.
The EMEA Finance recognition thus goes beyond trophies and titles; it affirms that profitability and purpose can coexist. For Access Bank, supporting women’s advancement is smart economics. By embedding inclusion into its DNA, the Bank is shaping a financial ecosystem that views women as equal partners in progress.
Access Bank’s influence also extends into advocacy. Through forums, roundtables, and research collaborations, the Bank engages policymakers, civil society, and business leaders to identify and dismantle barriers facing women entrepreneurs. Its campaigns amplify women’s voices, spotlighting their achievements and driving conversations around inclusive growth.
In another demonstration of its commitment to corporate social responsibility, leading financial institution, Fidelity Bank Plc, has extended support to residents of the Makoko waterfront community in Lagos with the donation of boats, educational materials, food items and other essential relief items.
The donation was championed by the Achievers Inductees Class of 2025 under the Fidelity Helping Hands Programme (FHHP), the bank’s staff-led CSR initiative where members of staff identify areas of critical interventions in their communities, raise funds and receive matching support from the bank’s management to execute the projects.
Speaking on the donation, Divisional Head, Brand and Communications, Fidelity Bank Plc, Dr. Meksley Nwagboh, reaffirmed the bank’s dedication to supporting communities and fostering sustainable development.
“At Fidelity Bank, we believe that when communities thrive, businesses prosper. Our commitment goes beyond banking, it is about improving lives, supporting education, and creating opportunities for growth. This donation reflects our dedication to nurturing the next generation and contributing to a better, more sustainable future,” He stated.
Expressing appreciation on behalf of the community, the traditional leader of Makoko, Baale Shemede Emmanuel Ajakaekun, commended Fidelity Bank for its compassionate donation.
“We are grateful that Fidelity Bank came down here to support us. May their work continue to flourish, and may God lift them higher. We hope they will not forget us but come back again to support our people,” he said.
Similarly, the Proprietor, Part of Solution Orphanage, Nursery and Primary School, Shemede Taiwo, described the donation as life-changing for the children and residents.
“Many children here struggle to attend school because boats are expensive to build or hire. Fidelity Bank’s donation will make a huge difference in ensuring our children get to school safely and in ensuring the improved welfare of the residents of this community. We truly appreciate this gesture,” Shemede Taiwo said.
Through the Fidelity Helping Hands Programme (FHHP), the bank continues to empower communities across Nigeria by addressing key social issues in education, health, and welfare. The Makoko outreach comes off the back of a similar FHHP outreach to Old People’s Home in Yaba, Lagos, reaffirming Fidelity Bank’s commitment to the sustainable development that begins with genuine care for people and their environment.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative rewarding customers with free Verve cards.
The campaign, which commenced on 6 October 2025, and will run until 30 January 2026, is exclusively targeted at FirstBank customers whose ATM cards have expired.
The free cards will be issued daily to 131 customers on a first-come, first-served basis across the Bank’s branches, nationwide. FirstBank’s unwavering commitment to convenience, accessibility, and customer satisfaction.
Speaking on the rewards to FirstBank customers, Chuma Ezirim, the Group Executive, e-Business and Retail Products at FirstBank, said: “The Verve Flash Promo is not just about rewarding customers with free verve debit cards; it is about celebrating our legacy of 131 years of trust, resilience, and innovation in the Nigerian financial services industry. At FirstBank, we remain committed to providing customer-centric solutions that enable secure, seamless, and convenient payment experiences. Partnering with Verve International on these initiatives, including the Verve Good Life promo, underscores our shared vision of deepening financial inclusion while rewarding our loyal customers for their continuous patronage.”
Also commenting, Vincent Ogbunude, Managing Director, Verve International, noted:
“Through strategic collaborations like this with FirstBank, we continue to demonstrate Verve’s commitment to enhancing access to seamless payment solutions for every Nigerian. The Verve Flash Promo not only rewards loyal customers but also reinforces our vision of making everyday transactions more rewarding, secure, and convenient. As we extend the Good Life Promo, we remain steadfast in our goal of deepening financial inclusion while delivering real value to Verve cardholders across the country.”
Meanwhile, the ongoing Verve Good Life promo, designed to reward Verve debit card holders for using their cards at specific merchant points, has been extended to 30 November 2025.
During the period, Verve Card holders enjoy 10% cashback at The Place Restaurant, Quickteller, Buypower, Filmhouse, AlliExpress, Addide Supermarkets, and Chowdeck app every Thursday to Sunday.
Verve cardholders can now enjoy a 10% cashback on the Google Play Store any day of the week throughout the Good Life Promo, which runs until 30 November 2025. Moreso, every transaction made with a Verve card whether on ATMs, POS terminals, or online platforms automatically earns customers a chance to win up to ₦1,000,000.
