CATEGORY: UBA


ALERT: UBA Post N22 Billion Profit (2017 Q1)

UBA today released Condensed Consolidated Financial Statements for the three months ended 31 March 2017.   Net interest income...


Alert: UBA Reports N72 billion Profit (2016 FY)

UBA Plc today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Buy Sell or Hold? These 4 Heavy Weight Bank Stocks!

Nairametrics| The Nigerian Banking Index is currently up 0.42% year to date compared to the wider All Share Index which is...


Corporate Action: UBA Plc Notification of Closed Period

UBA Plc, in a statement to the Nigerian Stock Exchange NSE has declared the commencement of the bank’s closed...


Alert: United Bank For Africa Plc Release 2016 Third Quarter Earnings

UBA Plc released its 2016 result for the nine months ended 30 September 2016 ; See below   United...


Alert: United Bank For Africa Plc Release 2016 Half Year Earnings

UBA Plc released its 2016 result for the year ended 30 June 2016 ; See below   United Bank...



Forex Ban: CBN Issues Circular Re-Admtting UBA Into The Forex Market

The Central Bank of Nigeria has made a U-turn as it lifted the ban in placed on United Bank...


BOOM: Fitch Downgrades UBA & First Bank

Fitch Ratings yesterdayv downgraded First Bank of Nigeria Ltd’s (FBN) and United Bank for Africa’s (UBA) the Long-Term Foreign...


This Analyst Explains Why You Can Make 91% Return If You Invest In UBA

Arica focused investment bank Renaissance Capital has come out with a note this morning upgrading UBA to a buy...


Why FDC Placed A BUY Rating On UBA Stocks.

In these tough times, where companies are closing shops and banks stuttering as a result of an economic slowdown,...


Major Shakeup: Why UBA Appointed 5 New Directors

Nigeria’s Tier 1 Bank, United Bank for Africa (UBA) has announced the appointment of 5 new directors in an...


Meet UBA’s 5 New Executive Directors

Leading pan Africa banking group, United Bank for Africa Plc, has announced the appointment of Ayo Liadi, Ibrahim Puri,...


UBA Gets Lion Share, As CBN Forex Sales To Banks Drops By $5.3 Billion

Central Bank Of Nigeria (CBN) Last week, sold a total of $130.755.294.59 to 14 commercial banks, 4 merchant banks...


Why Elumelu Wants UBA To Splash Millions More In Loss Making African Entities

The Chairman and patriarch of United Bank for Africa (UBA), Tony Elumelu has announced that the bank is planning...


Elumelu Wants FG To Improve In Its Laws To Boost Economic Growth

Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu has advocated the need to amend and improve the laws...


GTB & UBA Blow N24 Billion On Purchase Of Private Jets

  According to information contained in the annual reports of both Guaranty Trust Bank and UBA, a total of...


Analysis: GTB’s Cost Cutting Compared To Other Tier 1 Banks

If there is one thing Guaranty Trust Bank is very good at, it is their remarkable ability to be...


Why UBA Wants To Grant More Loans This Year

United Bank for Africa (UBA) expects loan growth of 10 to 15 per cent this year, which will reverse...


UBA 2015 Results, Beats Expectations As Net Income Up 24.53%

United Bank for Africa Plc, the lender operating in 19 countries on the continent, has defied macroeconomic headwinds hitting...