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UBA

12 Mar
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), yesterday, signed a partnership to enable UBA to provide $100 million in new loans to small and medium enterprises (SMEs) and business owners across the 20 African countries where the bank has a presence.
22 Feb
As the harsh operating environment persists, five tier-one banks’ impairment charges hit N580 billion in the first three quarters of last year. The amount is a significant increase from the N122 billion they posted in the previous year.
19 Feb
Three bank stocks – United Bank for Africa Plc (UBA), FBN Holdings Plc and Guaranty Trust Holding Company Plc – (measured by volume) dominated activities in the equities sector of Nigerian Exchange Limited ...
6 Feb
United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili and Mohamed Alhajie Samoura as the new chief executive officers of its subsidiaries in Kenya and Sierra Leone respectively.
23 Jan
United Bank for Africa (UBA) Plc has continued to elevate its global standing, coveting several prestigious international awards to consolidate the bank’s continuous contributions to the economic development of Africa.
15 Jan
Following its 6th year of operation of its flagship artificial intelligent Digital Assistant and Chatbot - Leo, United Bank for Africa (UBA) Plc has announced new offerings aimed towards deepening the face of digital banking in Nigeria.
14 Jan
African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3b crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25b has been made. A second tranche of US$1.05 billion is expected to be disbursed subsequently. This landmark financing is Nigeria’s largest crude oil prepayment facility and one…
10 Nov
United Bank for Africa (UBA) Plc and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at strengthening business growth and enhancing economic cooperation between their economies.
9 Nov
The United Bank for Africa (UBA) Plc has reiterated its commitment to help Small and Medium-scale Enterprises (SMEs) in Nigeria and across Africa to succeed and contribute meaningfully to their economies and the continent as a whole.
31 Oct
United Bank for Africa (UBA) Plc recorded impressive growth across all key performance metrics as shown in its unaudited financial results for the third quarter ended September 30, 2023.
19 Oct
Positive sentiments ahead of the third quarter (Q3) earnings and interim dividend declaration by listed firms have continued to lift transactions on the equities sector of the Nigerian Exchange Limited (NGX) as price appreciations in Eterna Plc...
13 Sep 2023
The United Bank for Africa (UBA) Plc delivered an impressive performance for the half year ended June 30, 2023, as announced in its audited financial report.

Latest

1 hour ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 hour ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
2 hours ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
3 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
3 hours ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
4 hours ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
4 hours ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
5 hours ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
5 hours ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
6 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…