Deposit Money Banks (DMBs), yesterday announced the setting up of a projects review committee to oversee the disbursement of ₦26 billion equity funds for the Small and Medium Enterprises (SMEs) . Members of SMEs Projects Review Committee include the Managing Directors of GTBank, Zenith Bank, First Bank, UBA, Access Bank, FCMB, Unity Bank, CBN Director […]
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Foremost banking group, United Bank for Africa has absolved itself from culpubility in the recent court judgement, which directed seven commercial banks to remit a total of $793,200,000 allegedly hidden in contravention of the Federal Government’s Treasury Single Account policy pending the determination of the suit filed by the Attorney General of the Federation on […]
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The United Bank for Africa (UBA) Plc, through its Corporate Social Responsibility arm, the UBA Foundation, continued on its quest to educate and empower African youths as it visited Our Lady of Mercy Girls Secondary School in Nairobi to donate over 500 copies of the book The Fishermen (by Chigozie Obioma), under the UBA Foundation’s […]
Read More In a CORPORATE ANNOUNCEMENT signed by the United Bank for Africa’s Group Head, Marketing & Corporate Communications, Bola Atta, the Group admits that they had remitted fully all NNPC/NLNG dollar deposits. The announcements reads; Our attention has been drawn to the order of the Federal High Court in Lagos directing that seven (7) commercial banks, including […]
Read More Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per month as against […]
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At the 30th Anniversary celebration of the award-winning Transcorp Hilton Abuja, the Honourable Minister of Labour and Employment, Chris Ngige, commended the relentless efforts of the chairman, Transnational Corporation of Nigeria Plc, Tony O. Elumelu CON, towards job creation as a strategy for poverty alleviation in Nigeria and Africa. “I am here because Tony Elumelu […]
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Four of Nigeria’s five largest banks have indicated they might pay interim cash dividends to shareholders as investors await the half-year corporate earnings of major quoted companies on the Nigerian Stock Exchange (NSE). The three largest Nigerian banks-Guaranty Trust Bank, Zenith Bank and United Bank for Africa and the fifth largest bank-Access Bank, in separate […]
Read More On Tuesday July 4th, 2017, The UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, continued on its quest to educate and empower African youths as it visited the Accra High School in Ghana. UBA Foundation’s Read Africa Initiative was launched in 2011 and has been changing the lives […]
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In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative, Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading. Read Africa is an initiative of UBA Foundation geared at rekindling the dwindling reading […]
Read More Foremost Nigerian banking institution, United Bank for Africa (UBA) Plc has again emerged the Financial Brand of the Decade at the Marketing Edge Awards which was held over the weekend. The award in recognition of UBA’s innovative and pacesetting role, is a product of painstaking review and assessment of the iconic contributions of the brand […]
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The United Bank for Africa Plc on Monday said it had raised $500m through a debut Eurobond, which was oversubscribed by 240 per cent. “The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the group’s pan-African financial services strategy”, the lender said in a statement. According to the […]
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Several stocks set new highs on Thursday as Nigerian equities continued their rally amidst increased investors’ appetite for bargain stocks across the sectors. Two first-tier banks- United Bank for Africa (UBA) and Access Bank, the two leading agricultural stocks-Okomu Oil Palm and Presco, Seplat Petroleum Development Company and May & Baker Nigeria Plc spiraled to […]
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