Tony O. Elumelu, Chairman of Heirs Holdings and UBA Plc. has advocated entrepreneurship as a veritable solution to achieving poverty reduction in the country. Elumelu who is also the Founder of The Tony Elumelu Foundation delivered a paper themed: “Entrepreneurship, Corporate Social Responsibility and Africapitalism: The Role of The Private Sector In Fighting Poverty in […]
Continue ReadingIt was rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza in Lagos on Wednesday as captains of industry and leading voices of Nigerian society witnessed the launch of a book in his honour. The book titled “Dynamics of the Nigerian Financial System” edited by […]
Continue ReadingThe United Bank of Africa (UBA) has officially distanced itself from the July 15 failed coup in Turkey. Recall that Yenisafak, a Turkish newspaper had pointed at John F. Campbell, a general in the US Army, as the orchestrator of the failed military coup attempt, stating that CIA operatives transferred millions of dollars from Nigeria […]
Continue Reading…Focused on driving financial inclusion in Africa One of Africa’s leading financial institutions, United Bank Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the second quarter of 2016 will see UBA issue […]
Continue ReadingStudents from more than 30 primary and secondary schools took part in the annual FCT Interschool Performing Arts Competition (FIPAC), which held in Abuja on Thursday, May 26, 2016. The competition was sponsored by pan-African banking group; United Bank for Africa Plc as part of its commitment to youth development on the continent. The schools […]
Continue ReadingSerial entrepreneur, philanthropist and promoter of Africaptalism, Tony O. Elumelu on 27 May 2016, delivered an inspiring speech in Paris, France, selling Nigeria as an investment destination to the French business community. Elumelu, who is the Chairman of Pan-African banking group, United Bank for Africa (UBA) Plc and proprietary investment firm, Heirs Holdings delivered the […]
Continue ReadingAt the 51st Annual meeting of the board of governors of the African Development Bank (AfDB), African philanthropist Tony Elumelu, urged the private sector to tackle unemployment among African youths on the continent. Mr. Elumelu, the Chairman of United Bank for Africa (UBA) and pan-African investment company Heirs Holdings said during a panel session at […]
Continue ReadingPan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an annualized 20% return on average equity […]
Continue ReadingSaturday, April 9, 2016 was an exciting evening, as staff of pan-African financial services group, United Bank for Africa (UBA) Plc gathered at the Eko Hotel and Suites, Lagos, Nigeria, to celebrate the bank’s staff that have performed exceptionally well in the 2015 financial year. It is a tradition that the bank has maintained since […]
Continue ReadingTransnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost investment conglomerate has announced its audited 2015 Financial Results. The Group posted a profit before tax of N3.3bn for the period under review. Transcorp Group Operating Profit went up by 11% from N14bn in 2014 FY to N15bn. Its posted turnover of N40.8bn and profit before tax of N3.3bn in 2015 […]
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