Tag
UBA
News and analysis about UBA
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointments of Ms. Mary Mulili and Mr Mohamed Alhajie Samoura, as the new Managing Directors/Chief Executive Officers of its subsidiaries in Kenya and Sierra Leone respectively.
UBA Plc has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa.
The banking stocks within the SWOOT group are perceived as relatively undervalued when compared to other sector stocks...
Afreximbank has arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the NNPCL.
At the close of trading on January 8, the share price of United Bank for Africa crossed N29.90, taking the bank’s market capitalization to N1.02 trillion, making the bank the latest member of the SWOOT category.
One day after crossing the 75,000 mark, the NGX has continued its bullish run, appreciating by 2.04%, gaining 1,546.69 points to hit 77,537.57 points.
Nigeria received US$2.25 billion in first tranche of the $3.3 billion Afrexim loan, with UBA listed as local arranger and Onshore Depository Bank. NNPC Ltd, Sahara Energy also listed as lenders.
In a bid to empower the private sector and support the financing of infrastructure development in Africa's largest economy, Nigeria, the United Bank for Africa (UBA) has received a $175 million financial package from Africa Development Bank(AfDB) Group.
Subsidiaries Come Top in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, and Tanzania.
SMEs in the transport and logistics, agro-processing, automotive, and pharmaceutical sectors across Africa are set to enjoy funding as the UBA and the AfCFTA recently signed a $6 billion Memorandum of Understanding (MoU) to fund SMEs in these sectors.
These stocks present investors with an opportunity to enjoy both substantial dividends and significant share price appreciation as they gear up for a strong performance in 2024.
Africa’s global bank, United Bank for Africa (UBA) Plc, has been named the African Champion of the Year...