UBA plc Archives - Page 6 of 8

TONY ELUMELU FOUNDATION 2ND ANNUAL ENTREPRENEURSHIP FORUM, THE LARGEST OF ITS KIND IN AFRICA

October 28, 2016Ayo Olowo

2ND ANNUAL TEF ENTERPRENEURSHIP FORUM OPENS IN LAGOS, NIGERIA NEARLY 1,000 AFRICAN ENTREPRENEURS FROM 54 COUNTRIES ATTENDING Today, The Tony Elumelu Foundation (TEF) opened the 2nd TEF Entrepreneurship Forum – the largest gathering of African entrepreneurs and the highlight of the annual TEF Entrepreneurship Programme. The Forum celebrates the 2016 cohort of Elumelu Entrepreneurs – selected from over […]

UBA Wins Big at Finacle Client Innovation Awards

October 24, 2016Ayo Olowo

United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India by Infosys […]

UBA and MEC, Inc., Launch Revolutionary Omni-Channel Payment System, EmailMoni

October 20, 2016Ayo Olowo

MEC, Inc. announced today it has entered into agreements with pan-African financial services group, United Bank for Africa (“UBA”) Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.” EmailMoni represents the world’s latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances landscape in […]

UBA profit grows to N62 billion in third quarter

October 12, 2016Ayo Olowo

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an appreciable growth in both funding […]

European Investment Bank and UBA Agree Record EUR 60 million New Private Sector Investment Programme

October 11, 2016October 11, 2016Ayo Olowo

The European Investment Bank and United Bank for Africa (UBA) have agreed a new EUR 60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in Nigeria. The new private […]

Elumelu and Secretary Pritzker’s toast to Africa

September 28, 2016Ayo Olowo

Africa’s leading Pan-African bank, recently hosted a cocktail reception for US and African business leaders at the Essex House in New York City. The event was held alongside the UNGA and right after the US – Africa Business Forum(USABF) which was organized by Bloomberg and the United States department of Commerce. The Chairman of UBA, […]

Elumelu wins Africa Investor ‘Person of the Year’ Award in New York

September 21, 2016September 21, 2016Ayo Olowo

…Dedicates it to all stakeholders working hard to Power Africa out of Poverty Chairman of Heirs Holdings, Mr. Tony Elumelu, yesterday, while receiving the ‘Person of the Year’ award at the Africa Investor CEO Institutional Investment Summit hosted alongside the UN General Assembly in New York, extolled stakeholders in the public and private sectors committed […]

UBA sponsored Ebola Movie “93 Days” premieres in Toronto; set for Nigeria

September 12, 2016Ayo Olowo

“93 Days” a movie which depicts the true account of how Nigeria faced its first case of the Ebola Virus and conquered it, premiered at the Toronto International Film Festival (TIFF) on Friday, 9 September, 2016. The TIFF has built a reputation for only screening the best films from around the world. UBA co-sponsored the […]

UBA wins big at the annual Businessday Banking Awards

September 12, 2016Ayo Olowo

Pan-African banking group, United Bank for Africa (UBA) Plc at the weekend carted home two very important laurels at the annual Businessday Banking Awards, winning the Best Bank in Sub-Saharan Africa and the Best Bank in support of Agriculture.The first award, the “Best Bank in sub-Saharan Africa award is in recognition of UBA’s leadership role […]

UBA sustains strong asset quality and profitability; proposes N0.20 interim dividend

August 26, 2016August 26, 2016Ayo Olowo

United Bank for Africa Plc (UBA), announced its Audited 2016 Half Year Financial Results for the period ended 30 June 2016 showing the bank recorded gross earnings of N166 billion, net operating income of N109 billion and profit before tax of N40 billion. The bank also recorded a significant growth in total assets, rising 20% […]