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United Bank for Africa is looking to inject more capital in its franchises in Uganda, Kenya and Tanzania, the group chairman, Tony Elumelu, has said. Elumelu was in Uganda last week on “President Museveni’s invite” to discuss business opportunities in the country. “I plan to add more capital to UBA Uganda to play more support role for SMEs,” he told ...
May, 2016
June, 2014
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30 June
UBA Managers’ Robbery Tricks Exposed, Nabbed For 265M Fraud
Incessant Bank Fraud by Officers and Managers in UBA assumed another dimension last week, as new swindling trick was exposed for customers to be vigilant and beware. The United Bank for Africa (UBA) has given a vivid account of how its erstwhile Oke-Arin II branch manager of the bank, Prince Okay Aroh, and his alleged accomplice Abimbola Oluwaniyi, helped themselves ...
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27 June
Experts Hail UBA’s PayPal Collaboration On E-Payment
United Bank for Africa Plc says its debit and prepaid cards are now accepted on the PayPal gateway. PayPal, one of the world’s largest online payment platforms, had last week added Nigeria to its global operations. PayPal allows individuals and businesses to make easy international payments. It has been used over the years to pay for transactions on online platforms ...
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19 June
UBA Customers Groan In Pains Over Unresolved Internet Frauds! As CBN Laments Cybercrime
Financial Institution, United Bank For Africa – U.B.A- is currently enmeshed in an in house fraud rocking the bank. There are allegations that about N1.4B customers funds are missing. Informants claim the missing money the result of illegal deductions made over time from customers accounts. The deductions are tagged ‘by very small margin’ Sources confirmed the scam ‘a long term’ ploy. The perpetrators are alleged ...
