United Bank for Africa Plc (UBA)

United Bank for Africa (UBA) Plc has intensified separate legal actions over disputed commercial transactions, commencing contempt proceedings against directors of WEMPCO over alleged disobedience of a Federal High Court order and securing interim preservative orders against Switzerland-based energy trader Vitol SA in a separate petroleum products dispute.

United Bank for Africa (UBA) Plc has secured a major legal victory in its ₦156 billion debt recovery battle against the Vaswani brothers and Stallion Group, after the Federal High Court sitting in Ikoyi, Lagos, upheld the bank’s position and granted the reliefs sought in the proceedings.

May 05, (THEWILL) — United Bank for Africa Plc (UBA) has announced the retirement of Erelu Angela Adebayo from its board, marking the end of a notable tenure as a non-executive director. The development was disclosed in a statement dated...