Tag
UBA
News and analysis about UBA
Retail banking continues to be a key battleground for Nigerian banks as competition intensifies for low-cost deposits.
The Chairman of the Board of Directors, United Bank for Africa Plc (UBA), Tony Elumelu, on Friday assured stakeholders that the bank will meet the Central Bank of Nigeria's (CBN) N500 billion minimum capital requirement for international commercial banks by Q3 2025, ahead of the deadline.
Nigeria’s top banks ramped up their investments in technology infrastructure in 2024, collectively spending N518.5 billion to modernize their operations.
United Bank for Africa Plc (UBA) has released its unaudited financial results for the first quarter ended March 31, 2025, posting a robust pre-tax profit of N204.27 billion, representing a 30.65% year-on-year growth from Q1 2024.
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.
Billionaire investor Tony Elumelu is set to receive a UBA dividend payout of N12.71 billion for the financial year ended 2024, according to an analysis by Nairametrics.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young professionals across Africa.
The Chairman of United Bank for Africa (UBA) Group and Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, has once again reaffirmed his commitment to the development of Gabon’s economy development following a high-level meeting with the President of Gabon, Brice Oligui Nguema, earlier this week.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar specifically...
The Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators comprising MTN, Airtel, Globacom, and 9mobile,...
The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.