Age, Biography and Wiki

Nicholas Ugbane is a Nigerian banker and entrepreneur. He was born on 23 December 1953 in Kogi, Nigeria. He is the founder and chairman of the Ugbane Group, a financial services company. He is also the founder and chairman of the Ugbane Foundation, a non-profit organization that provides educational and economic opportunities to the people of Kogi. Ugbane attended the University of Lagos, where he earned a degree in Banking and Finance. After graduating, he worked in various banking positions in Nigeria before founding the Ugbane Group in 1988. Ugbane is a philanthropist and has been involved in numerous charitable activities. He is a member of the Nigerian Economic Summit Group and the Nigerian Economic and Financial Crimes Commission. He is also a member of the Nigerian Institute of Bankers and the Nigerian Institute of Management. Ugbane is married and has three children. He is an avid golfer and enjoys traveling.

Popular As N/A
Occupation Banker
Age 70 years old
Zodiac Sign Capricorn
Born 23 December 1953
Birthday 23 December
Birthplace Kogi, Nigeria
Nationality Nigeria

We recommend you to check the complete list of Famous People born on 23 December. He is a member of famous Banker with the age 70 years old group.

Nicholas Ugbane Height, Weight & Measurements

At 70 years old, Nicholas Ugbane height not available right now. We will update Nicholas Ugbane's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Nicholas Ugbane Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Nicholas Ugbane worth at the age of 70 years old? Nicholas Ugbane’s income source is mostly from being a successful Banker. He is from Nigeria. We have estimated Nicholas Ugbane's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Banker

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Timeline

2009

In May 2009, Ugbane submitted himself to the Economic and Financial Crimes Commission, chaired by Farida Mzamber Waziri for investigation. As Chairman of the Senate committee on Power he was alleged to have interests in companies that won major contracts in the Rural Electrification Agency (REA), and to have been a beneficiary of the N6 billion rural electrification contract scam. His bail request was refused. Senate Spokesman Senator Ayogu Eze said that the Senate expected justice to be done, but that they would not protect Ugbane if he were found guilty. Also arrested was Ndudi Elumelu, chairman of the House of Representatives power committee. The EFCC was said to be searching for the Chairman of the Senate Committee on Appropriations, Iyiola Omisore, to give an explanation of the way in which the electrification projects became included in the 2009 budget.

2008

In 2008, Ugbane was vocal in the campaign against corruption and fraud in the power sector during the period when President Olusegun Obasanjo was in power (1999–2007). In April 2008, Ugbane was a panelist at a conference on developing and supporting critical energy infrastructure in Nigeria. In October 2008, Ugbane was a speaker on developing Nigeria's power structure at the 9th Annual State of the Nigerian Nation Symposium held in Washington, DC, United States.

In December 2008, Ugbane of Kogi East, which is also the base of Kogi State governor Ibrahim Idris, became involved in a dispute with Senator Smart Adeyemi of Kogi West over nomination of ministers from the state. He stated that nomination of Humphrey Enemakwu Abah for a ministerial position would violate Section 14 of the Nigerian Constitution, which deals with Federal Character. That month Ugbane donated a library to SS Peter and Paul Academy, Egume in Kogi state.

2007

Ugbane was reelected in 2007 running on the PDP platform. He was appointed to committees on Public Accounts, Niger Delta, Independent National Electoral Commission and Aviation. During a debate over nomination of Senator David Mark as Senate President, Ugbane was considered as an alternative. In May 2007, the Senate resolved to probe the use of funds earmarked for the Independent National Electoral Commission. Ugbane, as Chairman of the Senate Committee on INEC, supported the probe but defended himself against allegations that he had not exercised sufficient oversight.

2003

Ugbane was elected to the Senate to represent Kogi East Senatorial District in 2003 representing the All Nigeria People's Party (ANPP). In 2004, he opposed a proposal by the Central Bank of Nigeria to overhaul the categorization of banks into mega, medium and small categories. In May 2006, Ugbane was among a minority of Senators who favored allowing President Olusegun Obasanjo to stand for a third term. Following a plane crash in Abuja in October 2006 that killed over 95 people, Ugbane was among Senators that called for the resignation of Aviation minister, Prof. Babalola Borishade.

1953

Nicholas Ugbane (born 23 December 1953) is a former Nigerian senator who became a member of the Nigerian Senate in 2003. In May 2009, he was held in the custody of the Economic and Financial Crimes Commission on account of alleged complicity in defrauding the Nigerian government of funds earmarked for rural electrification.

Nicholas Ugbane was born on 23 December 1953, in Egume, in Kogi State. He gained a master's degree in Business Administration (Finance) from Ahmadu Bello University, Zaria. He is a Fellow of the Chartered Institute of Bankers of Nigeria. He was a Senator Elect (UNCP) 25 April 1998. He was appointed Commissioner for Education, Agriculture, Commerce and Industry, Youths and Sports for Kogi State.