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Tag "UBA"

Tony Elumelu to increase stake in UBA as bank seeks capital

    Tony Elumelu to increase stake in UBA as bank seeks capital

Tony Elumelu, chairman of United Bank for Africa (UBA), has announced plans to increase his stake in the financial institution. Elumelu spoke on Friday during UBA’s annual general meeting in

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UBA: Customer base in Africa now 45m, depositors’ funds N18trn

    UBA: Customer base in Africa now 45m, depositors’ funds N18trn

United Bank for Africa (UBA) says its depositors’ funds have hit a record N18 trillion with about 35 million customers across African countries. Oliver Alawuba, UBA’s group managing director (GMD),

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PHOTOS: Unemployment Africa’s biggest challenge, says Elumelu as UBA employs 398

    PHOTOS: Unemployment Africa’s biggest challenge, says Elumelu as UBA employs 398

Tony Elumelu, group chairman of United Bank for Africa (UBA), says unemployment is one of the biggest challenges on the continent. Elumelu spoke at the induction ceremony of 398 young

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Recapitalisation: UBA seeks shareholders’ approval to raise capital

    Recapitalisation: UBA seeks shareholders’ approval to raise capital

United Bank for Africa (UBA) says it will seek shareholders’ approval at the company’s 62nd annual general meeting (AGM) to raise capital. The AGM is scheduled to be held on

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UBA profit rose to N757bn in 2023 — up from N201bn in 2022

  UBA profit rose to N757bn in 2023 — up from N201bn in 2022

The United Bank for Africa (UBA) says it recorded N757.7 billion in profit before tax (PBT) in 2023 — rising

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Another round of banks’ recapitalisation

  Another round of banks’ recapitalisation

Another round of bank recapitalisation is here and for the next two years between April 1, 2024 and March 31,

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Elumelu to deliver keynote address at ECOWAS mining forum

  Elumelu to deliver keynote address at ECOWAS mining forum

Tony Elumelu, chairman of the United Bank for Africa (UBA), has been scheduled to deliver the keynote address at the

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‘Gold card ATM limit now $1,000’ — UBA reviews transactions on domiciliary accounts

  ‘Gold card ATM limit now $1,000’ — UBA reviews transactions on domiciliary accounts

United Bank for Africa (UBA) has adjusted its domiciliary MasterCard limits and fees.  In a notice sent to customers, the

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AT A GLANCE: Airtel, Dangote Cement… 13 Nigerian companies above N1trn market cap

  AT A GLANCE: Airtel, Dangote Cement… 13 Nigerian companies above N1trn market cap

The list of trillion naira companies in the Nigerian stock market has increased to 13 as of Tuesday after a

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Oil-for-cash loan: Afreximbank confirms disbursement of $2.25bn to Nigeria, to release $1.05bn next

  Oil-for-cash loan: Afreximbank confirms disbursement of $2.25bn to Nigeria, to release $1.05bn next

The African Export-Import Bank (Afreximbank) says it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored by

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