United Bank for Africa Plc has reshaped its executive leadership as four long-serving executive directors prepare to retire at the end of their tenure, while a new crop of senior executives is set to assume office from January 1, 2026, subject to regulatory approval. The bank disclosed that Deputy Managing Director Muyiwa Akinyemi, alongside Executive […]
A 13-year-old Senior Secondary School Two student, Seth Ebunoluwa of Igando Community Senior High School, Lagos, has won the 2025 United Bank for Africa National Essay Competition, becoming the first male student to claim the top position in eight years. He received an educational grant of N10 million after emerging as the best among 12 […]
The fire that tore through Afriland Tower, housing a United Bank for Africa (UBA) branch among other businesses on Broad street, Lagos Island, on Tuesday has raised serious concerns about the safety preparedness in public and private buildings with analysts pointing to negligence that cost lives. The Afriland Tower used to be known as UBA […]
The United Bank for Africa (UBA) Plc has confirmed a fire outbreak at a building on Broad Street, Lagos Island, which also houses one of its branches. The incident, which occurred in the heart of Lagos Island’s bustling commercial hub, sparked panic among traders and office workers as thick smoke rose over the skyline. Emergency […]
BY MOTOLANI OSENI Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App to redefine the digital payment landscape and empowering small and Medium Scale Enterprises across Africa. The upgraded platforms form part of the bank’s ongoing campaign with […]
By Motolani Oseni United Bank for Africa (UBA) has announced plans to seek shareholders’ approval this Friday for its N500 billion recapitalisation. This move is in line with the Central Bank of Nigeria’s (CBN) efforts to strengthen the banking sector, a crucial step towards achieving the Nigerian government’s $1 trillion economic goal. During a global […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its highly anticipated “Back2School” package, designed to provide exclusive discounts and benefits for both children and their parents. As the new school session kicks off, UBA continues to fulfil its commitment to fostering a seamless educational journey with innovative offerings aimed at assisting parents […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc has said that its diversified business model in key international markets on the continent and around the world, continues to act as a hedge and to position the Group to better mitigate business risks arising from the financial, economic and political environment. UBA Group Managing Director/Chief […]
By Temitope Adebayo Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its audited financial results for the half year ended June 30, 2022, recording a 12.6 per cent appreciation in Profit Before Tax (PBT) to N85.7billion, up from N76.2billion recorded in the same period of 2021. The financial institution, which recorded double-digit […]
Pan-continental financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines. The 2020 audited financials filed at the Nigerian Stock Exchange (NSE) on Monday, showed that the bank’s gross earnings grew by 10.8 per cent to […]
Chairman, Senate Committee on Ethics, Privileges and Public Petitions, Senator Ayo Akinyelure (PDP Ondo Central) has said that he was not in anyway, threatened by the threat made by the United Bank for Africa (UBA) against him over planned probe of alleged N41billion withdrew by the bank without authorization from accounts of Nigerian Telecommunications Limited […]
Customers to get 13th month reward, scholarships, other benefits Pan African financial institution, United Bank for Africa (UBA) Plc, is set to reward consistent customers with a 13th month cash reward as well as access to scholarships in the upgraded and revamped UBA Kiddies and Teens Accounts. To qualify for these exciting rewards, customers need […]
The United Bank for Africa (UBA) Plc shareholders, on Wednesday, commended the bank for declaring a dividend of N34.19 billion for the financial year ended Dec. 31, 2019. READ ALSO: Stop politicising Kano strange disease, Presidency warns The shareholders at the meeting, also commended the Board of Directors and management for the proactive role that […]
United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2020, showing double-digit improvement across all its major income lines. The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5 per cent year-on-year growth […]
United Bank for Africa (UBA) Plc, has called on its customers to exercise utmost caution in their banking transactions and ensure that they do not fall prey to any nefarious activities during the Coronavirus lockdown period. Specifically, UBA has urged its customers not to divulge any sensitive personal information regarding their bank and or card […]
Fidelity Bank Plc and United Bank for Africa (UBA) on Monday fixed April 29 and 30 respectively as the new date for their 2019 Annual General Meeting (AGM) by proxies due to the COVID-19 pandemic. FCMB Group recently notified its shareholders that its 2019 AGM on April 28 would be by proxy. However, UBA in […]
United Bank for Africa Plc (UBA) on Thursday announced a donation of over N5 billion or $14 million, through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus global pandemic. The donation will provide significant and much needed support to Nigeria and 19 other African countries, by supplying relief […]
Lagos The United Bank of Africa (UBA) Group says it will provide the sum of N5 billion ($14 million) as COVID-19 relief support across Africa. The bank stated this in series of tweets in its verified Twitter handle @UBA Group on Thursday. The company said “to catalyze a comprehensive pan-African response to the fight against […]
..Proposes final dividend of N.80 Despite the challenging business environment in Nigeria, the United Bank for Africa Plc (UBA) has announced an increase in Profit Before Tax (PBT) to N111.3 billion in its audited results for the full-year ended December 2019, compared to N106.8 billion declared in the corresponding period of 2018 financial year. The […]
The Federal High Court in Yenagoa on Thursday issued a warrant mandating the arrest of four staff of the United Bank for Africa Plc (UBA) charged with alleged cyber crime, fraud and diversion of N33.69 million. Justice Abimbola Awogboro made the order following the failure of the suspects to appear in court to respond to charges in […]