UBA

UBA Plc Maintains Grip on Industry Leadership Ahead of Capital Raise

September 22, (THEWILL) – The attention of the global financial markets has been drawn to the commanding heights achieved by Africa’s Global Bank, United Bank for Africa Plc, amid challenging operating environment, as it concludes plans for the much...

UBA Marks 75th Anniversary, Recounts Milestone Achievements

May 20, (THEWILL) – United Bank for Africa Plc has reaffirmed its unwavering commitment to enhancing customer experience and expressed optimism for even greater achievements for both customers and shareholders in the future. The Bank gave the assurance on...

UBA To Seek Shareholders’ Approval For Capital Raise Via Multiple Windows

April 17, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, says it will seek shareholders’ nod to raise capital to meet the recapitalisation requirement stipulated by the Central Bank of Nigeria (CBN). UBA disclosed this in a...

UBA Group Record N607bn Profit Buoyed By Higher Interest Income, Fx Gains

April 9, (THEWILL) - Africa’s global financial institution, the United Bank for Africa (UBA) Plc, has reported its audited accounts for 2023, revealing gross earnings of N2 trillion, a significant increase from N835 billion just a year earlier. This...

UBA Unveils ‘Scan To Resolve Complaint’ Portal For Enhanced Customer Experience

April 05, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088, called the ‘Scan to Resolve Complaint’ portal aimed at enhancing satisfaction and swiftly addressing customers’ complaints. The innovative...

Afreximbank, UBA Announce Initial Disbursement of US$2.25bn Under Crude Oil Prepayment Facility

January 14, (THEWILL) - African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 million has been made. A...

UBA Secures $175m Facility From AfDB To Support Private Sector, Infrastructure Development In Nigeria

December 19, (THEWILL) - United Bank for Africa Plc (UBA), a pan-African financial services group, led by Nigerian businessman, Tony Elumelu, has secured a $175 million facility from the Africa Development Bank (AfDB) Group. The facility comprises a $100 million...

Investors’ Scramble For Access Corp, UBA, Others’ Stocks Lifts Market To 1.12% Gain

October 15, (THEWILL) - Nigerian equities ended the week on a positive note, as the All-Share index closed 0.10% higher to settle at 67,200.69 points. Gains in Access Corp (+0.63% on N15.75 share price), UBA (+0.29% of N12 per...

Tackling Digital Threats Requires Stakeholders’ Collaboration – UBA

September 20, (THEWILL) – Africa's Global Bank, United Bank for Africa (UBA), has said that stakeholders need to come together to checkmate growing threats to the country's digital payment system. The Head of Digital Banking at UBA,...

HY 2023: UBA Records Phenomenal 3-Digit Growth in Topline, Bottomline, Key Metrics With N404bn PBT

September 12, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report. The results released to the Nigerian...
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