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Monday , 10 December 2018

Tag Archives: UBA

UBA, Access Bank, 2 others scale up to NSE’s premium board

United Bank for Africa (UBA) Plc, Access Bank Plc, Lafarge Africa Plc and Seplat Petroleum Development Company Plc were yesterday scaled up from the main board of the Nigerian Stock Exchange (NSE) to the elite premium board. The migration of the four companies brought the number of companies on the premium board to seven including Dangote Cement, FBN Holdings and ...

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UBA, Leader in eBanking- Uzoka

Kennedy Uzoka, group managing director, United Bank for Africa (UBA), has said that the bank remains a leader in the e-banking innovation space. Uzoka stated this as the Pan-African financial institution,has again demonstrated its superiority in the Nigerian e-Banking space with the issuance of over three million Near Field Communication (NFC) technology enabled contactless cards to its teeming customers The ...

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UBA shines, ahead with African Bank of the Year 2017 awards

One of Africa’s leading financial institutions, United Bank for Africa (UBA) Plc has once again proven its leadership on the continent, as the Banker Magazine crowned UBA the “African Bank of the Year 2017”. This Banker Award is premier for Nigeria, as it marks the first time a Nigerian-headquartered bank will be wining the prestigious and highly coveted award. To ...

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Zenith, UBA, others slide, equities shed N30bn

Out of the five major indices of the Nigerian Stock Exchange, the banking index led losses at the close of trading on Thursday, as Zenith Bank Plc and United Bank Plc shares declined respectively by 1.9 per cent and one per cent. Overall, the banking index shed 0.3 per cent followed by the industrial goods index, which depreciated by 0.5 ...

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Zenith, UBA, 4 Others Make N241bn In TBills Investment

Six money lending banks have raked in N241 billion interest from their investments in Treasury Bills in 2016. They are Zenith Bank, United Bank for Africa, Access Bank, Stanbic/IBTC Holdings Plc, Guaranty Trust Bank and Wema Bank. This followed federal government’s increased issuance of Securities, including Bonds and Treasury-Bills (T-Bills) in 2016. According to a report obtained by our correspondent, ...

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UBA improves profit by 32%, declares final dividend of 55kobo/share

UBA Cashless card

The United Bank for Africa Plc (UBA) has released its audited 2016 full year results, showing significant growth in gross earnings and profits. Analyses of the result released to the Nigerian Stock Exchange (NSE) indicated that the banking Group recorded an impressive 22 per cent growth in gross earnings to N384 billion as at December 2016 from a comparative figure ...

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UBA, Orange Group partner on payment system

United Bank for Africa Plc  and leading European and African telecom operator, Orange have announced a strategic partnership to deliver innovative financial services across Africa, with an agreement to jointly collaborate on the promotion of Orange Money. Both UBA and Orange have a history of financial services innovation and their joint commitment to Africa makes them natural partners. Orange Money ...

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UBA MD, Impress By Easy Competition In Nigeria, Takes It To Africa

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 ...

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UBA gets CBN Kudos for largest private sector Agric funding scheme

The Bankers’ Committee has disclosed plans by the Central Bank of Nigeria (CBN) to commit N1.7 trillion intervention funds into five agric sector projects to support government’s economy diversification agenda. The committee said Union Bank of Nigeria and United Bank for Africa (UBA) are some of the banks that have demonstrated huge commitments to agricultural financing, with both offering agricultural ...

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UBA, European bank new deal causes excitement in private sector

The European Investment Bank and United Bank for Africa have signed an agreement to support private sector investment across Nigeria. The development will allow UBA to provide longer term funding to private companies in Nigeria. In a statement by UBA on Tuesday, the new private sector lending programme agreement was sealed on the side-lines of the World Bank Annual Meetings ...

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