Fidelity Bank Plc, in a clear demonstration of its resilience and stability, has announced an impressive financial result for the year-ended December 31, 2018. The performance which capped a remarkable year, showed strong growth in Gross Earnings, Profits and other key financial indicators. The top Nigerian lender which has become the clear leader among Tier 2 banks, posted a 4.8% ...
April, 2019
July, 2016
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25 July
UBA washes hands off Turkey coup, dismisses speculations
The United Bank of Africa (UBA) has officially denied involvement in the failed coup attempt in Turkey on July 15. Yenisafak, a Turkish newspaper, had alleged that UBA played a key role in distribution of funds for the facilitation of the failed coup. However, Charles Aigbe, divisional head, marketing and corporate relations of UBA, said the bank was neither “involved” nor ...
January, 2016
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27 January
Angry Nigerians React, As CBN Gov Annouces Long Period Of Hard Times!
The federal government has asked nigerians to prepare for a long,trying period..and the subject are reacting.YOUNEWS reporters got reactions,,’ Emiefele is only happy to announce hard times to the people who have been living on hard times since independence to date even when there was oil boom under Gowon and Obasanjo military regimes we lived on hard time, another oil ...
November, 2015
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17 November
UBA Launches Contactless Payment Cards
The United Bank for Africa (UBA) Plc said it is changing the payment system landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services, according to a statement from the bank, Thisday reports. It explained that the move was the ...
October, 2015
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22 October
Online publishing comes with its own responsibilities – Ogunshola
A former Chairman of Punch newspapers, Chief Ajibola Ogunshola, has said the practice of online journalism comes with its own responsibilities. Ogunshola said just like the traditional media, practitioners of online must be ready for the consequences of their actions whether good or bad. Speaking on Thursday at the launch of an association formed by professional journalists who have taken ...
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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 ...
September, 2015
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17 September
UBA Weathers Storm To Remain Outstanding
Amidst challenges in Nigeria banking environment, UBA, according to experts is outstanding in her banking services. United Bank for Africa Plc is delivering on its commitment to superior returns to shareholders. Among the several regulatory headwinds that deposit banks in Nigeria have grappled with is the recent single treasury account (STA) directive by the Federal Government of Nigeria (FGN). The ...
July, 2015
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10 July
UBA GMD, Phillip Oduoza Excited Over Right Issues, Praises Shareholders.
United Bank for Africa (UBA) Plc has raised N11.5 billion in a recent rights issue to shareholders. The bank made the announcement following the approval of the Central Bank of Nigeria and the Securities and Exchange Commission on its equity offering of one ordinary share for every existing 10 units at a price of N3.50 each. The offer was fully ...
June, 2015
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22 June
Why UBA Big Boy, Ikpobe Resigns, As Bank Announces Key Appointments
Contrary to speculation that his ambition was the issue, Younews can tell you that Apollos has other project on his mind. And United Bank for Africa (UBA) has realigned its Nigeria operations and announced new appointments as part of concerted efforts to improve on the bank’s current growth momentum and deliver on stellar results in the current financial year and beyond. ...
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13 June
UBA’s Charlse Aigbe Vehemently Debunks Oduoza / Genevieve Romance Tale
United Bank for Africa (UBA)’s Divisional Head, Marketing Communications and Strategies, Mr. Charles Aigbe has spoken up on the incessant blackmail of its financial institution by some unscrupulous persons under the guise of news platform. For sometime now, a certain online reporter has been using his medium to tarnish the good name of the bank and its Group Managing Director, ...