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UBA to Expand Global Presence with New Saudi Arabia Office ✨
The United Bank for Africa (UBA) is poised to establish its footprint in the Kingdom of Saudi Arabia by January 2025, marking another milestone in its global expansion journey. The announcement was made by the Group Managing Director...
Boosting Financial Inclusion: NIBSS and Banks Lead the Digital Payment Revolution
In a landmark collaboration to enhance financial inclusion and transform Nigeria’s payment landscape, the Nigeria Inter-Bank Settlement System (NIBSS), alongside United Bank for Africa (UBA) and other financial...
Minority Shareholders Back UBA’s Bold ₦239bn Rights Issue
United Bank for Africa Plc (UBA) is currently in the spotlight as minority shareholders rally in support of the bank’s ongoing ₦239.4 billion rights issue. This initiative, launched on November 15, offers 6.84 billion ordinary shares at...
United Bank for Africa (UBA) Announces Proposed Rights Issue for Shareholders
On November 5, 2024, United Bank for Africa Plc (UBA) filed an application with the Nigerian Exchange Limited (NGX) to seek approval for a Rights Issue to raise additional capital. The proposal involves offering...
TOP STOCK PICKS OF THE WEEK: FIDELITY BANK, UBA, AND PRESTIGE ASSURANCE- PREMIUM TIMES
The Nigerian stock market experienced a 1% dip last week, primarily due to sell-offs in the industrial and banking sectors. This drop coincides with analysts' predictions of a potential shift in investor...
UBA HALF-YEAR PROFIT DECLINES BY 16% AMID SHARP LOSSES IN TRADING AND FX GAINS
United Bank for Africa (UBA) reported a 16% drop in its half-year net profit for the six months ending June 2024, falling to ₦316.4 billion. The decline was driven by a significant net fair value loss of ₦311.7...
NIGERIAN BIG BANKS MARKET VALUE RISES TO N4.6 TRILLION OR $3.15 BILLION
The market value of Nigeria's top banks listed on the Nigerian Exchange (NGX) surged to approximately N4.6 trillion ($3.15 billion) last week, reversing a previous dip. This increase was driven by investor re-entry and...
How to access the UBA customer care number
What is the full meaning of UBA
UBA means United Bank for Africa. They are a financial service partner in Africa. UBA is a famous bank located in African countries like Nigeria. UBA was founded in 1948. They have over 20,000 employees. They have...
Tony Elumelu visits UBA America for the first time since its inauguration
Tony Elumelu, Chairman of UBA plc, a leading pan-African bank with branches all over Nigeria and across Africa. He's also a philanthropist, CEO of Heirs holdings, and founder of the Tony Elumelu Foundation (TEF), which...
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