Managing Director/Chief Executive Officer of UBA Plc Mr. Kennedy Uzoka said “we are encouraged by the impact that this initiative has had and as such we are extending it to other parts of Africa. Already we have replicated this in Ghana and Senegal with many more to come. He stated that the winners and indeed all finalists have become UBA ...
December, 2016
May, 2016
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19 May
UBA Rated High By FDA Report, Elumelu Excited
United Bank for Africa is doing well in terms of real growth, a report by the Financial Derivatives Company indicated.Despite the macroeconomic headwinds hitting the country in the past two years, the United Bank for Africa increased its shareholders’ equity by an annual growth rate of 22 per cent between 2011 and 2015. The pan-African lender also recorded a compound ...
October, 2015
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16 October
UBA Oduoza Pinpoints 5 Strategies Behind Bank’s 44% Profit & #247bn Earning Growth
Pan-African financial services group, United Bank for Africa (UBA) Plc, yesterday, released its nine months unaudited financial results for 2015 showing a strong 44 per cent rise in profit after tax to N48.6 billion and a 17 per cent rise in gross earnings to N247.2 billion. The third quarter results also show Net Operating Income (NOI) recorded a strong 21 ...
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5 October
UBA Awoof Promo Impresses Customers, As 20 Win Dubai Trip, 60 Get Prizes
As part of its commitment towards rewarding customer loyalty, Pan African financial institution, United Bank for Africa Plc has rewarded 80 of its customers in the first batch of the UBA Remittance Awoof Promo. The draws, which was well attended by customers of the bank, journalists and regulators from the National Lottery, is part of the bank’s efforts to reward ...
July, 2014
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14 July
UBA Excites Salary Account Owners With IOU Product Tagged “U-Advanced Card”
UNITED Bank for Africa Plc (UBA), has announced the introduction of a new product “U-Advance Card,” a payment card that allows workers who operate a salary account with the to get a credit advance ahead of pay-day. “The U-Advance Card is an internationally accepted card payment solution designed to address the salary account holders’ need for easy and quick access ...
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3 July
UBA MD, Oduoza, Speaks Frankly About CBN Gov, Fraud In Banking, etc..
He rarely grant interview, so this is a priced possession, it’s a readers’ delight. Aside his mind on new CBN Gov, and about Online banking, the Group Managing Director of UBA Plc, Mr. Phillips Oduoza, 40 per cent of transactions in the bank are now done online and 60 per cent done offline, unlike in the past, when about 17 per ...
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 ...