UBA House

UBA sustains strong earnings on Africa’s market impact, share

.Grows profits to N105.3 billion .Proposes 85 kobo dividend Nigeria ’s major financial institution, United Bank for Africa Plc has announced its audited results for the financial year ended December 31, 2017, which show significant growth from the contribution and market share from its pan-African subsidiaries, among other positive trends in the financial performance. The […]

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UBA House

UBA appoints new regional CEO for 6 West African countries

United Bank for Africa (UBA) has appointed its first female banker, Abiola Bawuah as its new regional Chief Executive Officer (CEO) for six West African countries. Bawuah, according to a statement, will oversee the bank’s businesses in Ghana, Benin Republic, Burkina Faso, Cote D’Ivoire, Liberia and Sierra Leone. The bank said that prior to her […]

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UBA House

China dev. bank, UBA signs $100 million loan deal in move to support SMEs in Africa

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance […]

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nigerian banks

GTBank, UBA, FCMB, 4 others not affected by dividend policy

As reactions continue to trail tough dividend rules recently introduced by the Central Bank of Nigeria (CBN), analysts at SBG Securities have said that seven lenders are not affected by the policy from a Capital Adequacy Ratio (CAR) perspective and using 9M 2017 unaudited figures. The analysts in a report obtained by correspondent, listed the […]

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Tony Elumelu at World Economic Forum in Davos

Elumelu seeks international supports to boost entrepreneurship in Africa

The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such growth will affect the world positively. Elumelu, who pointed this out on the side-lines of […]

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Zenith, UBA, Dangote Cement, 30 others firms pass CGRS Rating

The Steering Board of the Corporate Governance Rating System (CGRS), has announced the names of 25 companies that have successfully passed its rating test, having scored the required pass mark of 70 per cent whilst 87 others are at various stages of completion of the process. These 25 successful companies join 8 companies that retained […]

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Elumelu confident on economic recovery

…with equities market sustained gains Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu, has expressed confidence in Nigeria’s economic recovery on the back of fiscal and monetary policies that have steered the country in the right direction. Elumelu who stated this on the eve of his departure for the […]

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UBA changes the face of e-banking with ‘Leo’, Chat Banker that use Social Media to perform transactions

Pan-African financial institution, United Bank for Africa (UBA), has today, changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make use of their social media accounts to carry out key banking transactions. At the official launch of Leo, UBA’s Chat Banker, which took place in Lagos on […]

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Lagos commends Skye Bank, Dangote, others on security with platinum prizes

Skye Bank Plc and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State. The six other companies are: Zenith Bank Plc; First Bank Plc; United Bank for Africa; Access Bank Plc; Dangote Group and MTN Foundation. The seven organisations were […]

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UBA House

UBA clinches PEARL, New Telegraph awards for impressive performance

Pan-African financial institution, United Bank for Africa (UBA) Plc, has continued to make waves and positive impact in the local and global financial industry earning more laurels and accolades. Last weekend, UBA carted away two key industry awards emerging the Winner of the 2017 Sectoral Leadership Awards – Financial Services (Banking) organised by the PEARL […]

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UBA crowned the “African Bank of the Year 2017”

Pan-African financial institution, United Bank for Africa (UBA) Plc has once again proven its leadership on the continent, as the Banker Magazine crowned UBA the “African Bank of the Year 2017”. This Banker Award is premier for Nigeria, as it marks the first time a Nigerian-headquartered bank will be wining the prestigious and highly coveted […]

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Samuella Sam-Orlu wins UBA Foundation National Essay Competition for 2017

It was an all-female affair as fifteen year old Samuella Sam-Orlu of British Nigerian Academy Abuja, emerged the overall winner of the 2017 edition of the UBA Foundation National Essay Competition, winning an educational grant of N1,000,000.00 to study in any African university of her choice, as well as a laptop. Samuella clinched the first […]

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