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Nigeria Central Bank fines Zenith, UBA, GTBank, Sterling N3.2bn

The Central Bank of Nigeria has imposed a total fine of N3.2bn on United Bank for Africa Plc, Zenith Bank Plc, Guaranty Trust Bank Plc, and Sterling Bank Plc for committing various kinds of regulatory infractions. The offences, which were committed during the 2015 financial year, were contained in the annual reports of the affected […]

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UBA Inaugurates group board forum

Following a 3-day Forum which was held in Lagos, Nigeria between April 6 & 8, 2016, United Bank for Africa (UBA) Plc Chairman Mr. Tony Elumelu formally inaugurated a Group Board Meeting as a platform for group integration, bonding and knowledge sharing. 90 participants comprising of the entire Board of United Bank for Africa PLC(UBA), […]

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UBA grosses N315bn, pays N22bn dividend

United Bank for Africa (UBA) Plc recorded considerable growths in the top-line and bottom-line in 2015, bucking a downtrend that had seen many banks warning of declining earnings. Key extracts of the audited report and accounts of UBA for the year ended December 31, 2015 released yesterday at the Nigerian Stock Exchange (NSE) showed that […]

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UBA Group appoints Kennedy Uzoka as Group Managing Director

LAGOS, March 1, 2016 – At a meeting held at UBA House, the UBA Group Board today approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, 2016 and subject to the approval of the Central Bank of Nigeria. Mr Uzoka succeeds Phillips Oduoza, who retires on July […]

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UBA gets ISO-IEC 20000-1:2011certification

Africa’s foremost financial services group, United Bank for Africa (UBA) Plc has earned the prestigious ISO/IEC 20000-1: 2011certification from the British Standards Institution (BSI). The certification which was awarded to institution after a process and systems audit, recognizes businesses that are able to link and execute business and IT objectives effectively through the implementation and […]

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‘See the four Nigerian banks among world’s top 500’

FIRST Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc and United Bank for Africa have been named among the world’s top 500 banks. A new study conducted by the United Kingdom-based The Banker Magazine gave this verdict. The 2016 The Banker and Brand Finance Top 500 Banking Brands report showed that First […]

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Tony Elumelu Foundation, UBA partner US commerce office on entrepreneurship growth

The Tony Elumelu Foundation and the United Bank for Africa Plc (UBA) have entered into partnered with the United States Department of Commerce to host a panel and round table discussion between members of the U.S. Presidential Council on Doing Business in Africa (PCDBIA)with a diverse community of African entrepreneurs. The eleven man U.S. delegation, […]

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Visa partners UBA on launch of SmartMoney

GLOBAL electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA), have announced the launch of “SmartMoney”, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The two global brands said the partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app […]

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Buhari, Elumelu, Jonathan, Others Make 100 Most Influential Africans 2015 List

Chairman, board of Directors of Africa’s global bank, United Bank for Africa (UBA) Plc, Tony Elumelu, has been named among the “100 most influential Africans for 2015.” The list published by pan African magazine “New African” presents Africa’s definitive power list and profiles the continent’s top game changers in eight different fields including Politics (22); […]

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