February 8, 2025
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Home Posts tagged UBA (Page 3)
Business Capital Market

UBA commence closed period for securities trading.

Ihesiulo Grace 0
UBA Plc on Wednesday announced the commencement of the closed period for trading in the bank’s shares. The bank said, ““In compliance with the NSE rule book and the amendments to the Listing Rules, the closed period commenced January 11, 2017in respect of the Accounts and Financial Statements for the period ended December 31, 2017.” A close period is a period, usually […]
Capital Market

AFDB, UBA sign $150 million loan agreement

Ihesiulo Grace 0
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. According to a statement from the development bank, “The Fund will support development of productive sectors of the economy; […]
Money

UBA CFO, Finance Team Shine at CFO Awards

Ihesiulo Grace 0
Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental […]
Business

UBA Claims 3 awards at CFO awards

Ihesiulo Grace 0
Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, but took it a notch higher when its Group Chief Financial Officer (GCFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at […]
In recognition of their contributions to the development of the Nigerian economy, especially the financial services industry over the years, the Chairman, First Bank of Nigeria Limited, Ibukun Awosika; Group
Banking Business

UBA Wins Big at Finacle Client Innovation Awards

Ihesiulo Grace 0
United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India
In recognition of their contributions to the development of the Nigerian economy, especially the financial services industry over the years, the Chairman, First Bank of Nigeria Limited, Ibukun Awosika; Group
Business Capital Market Capital Market

UBA Grows Profit To N62 Billion In Nine Months

Ihesiulo Grace 0
Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank
Business

CBN readmits UBA into FX Market

Ihesiulo Grace 0
The United Bank for Africa (UBA) has said it has been readmitted by the Central Bank of Nigeria into the Foreign Exchange Market following its remittance of all NNPC/NLNG dollar deposits. An emailed statement from UBA reads “we are pleased to inform our valued customers, stakeholders and business partners as well as the general public that the CBN has […]
Business

UBA Rewards Staff At Annual CEO awards

Ihesiulo Grace 0
It was an exciting evening on Saturday, April 9, 2016 as staff of pan-African financial services group, United Bank for Africa (UBA) Plc gathered at the Eko Hotel and Suites in Lagos, Nigeria, to celebrate the bank’s staff that have performed exceptionally well in the 2015 financial year.   It is a tradition that the […]
Money

UBA Boosts Kenya Power with $10m Facility

Ihesiulo Grace 0
United Bank of Africa (UBA) has given a US$10 million loan facility boost to Kenya Power Company’s target of distributing 5,000MW by 2017.   The loan is to enable Kenya Power upgrade its infrastructure and enhance the capacity of its transmission lines.   According to Kenya Power, this is part of a syndicated loan from […]
Banking

Shareholders Commend UBA over Regional Ratings

Ihesiulo Grace 0
Pan-African financial services group, United Bank for Africa (UBA) Plc has been commended by its shareholders for its pole ratings in other African countries. The board and management of the Bank which held its 53rd Annual General Meeting (AGM) at the Oriental Hotel in Lagos recently, were jointly praised by shareholders over the 2014 performance […]