The Central Bank of Nigeria (CBN) has deleted the United Bank for Africa (UBA) from the list of nine deposit money banks (DMBs) banned from the foreign exchange market, for hiding over $2 billion belonging to Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA). CBN has re-admitted UBA Plc into the Foreign […]
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 ReadingOutgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc Mr Philips Oduoza has called for increased collaboration among African central banks in order to drive intra-African trade on the continent. He said this on July 22, 2016 when he delivered the fourth Valedictory Lecture of the Chartered Institute of Bankers […]
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 Reading-as UBA stock now best performing on the exchangeFitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. UBA is one of the few […]
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 ReadingPan African banking group, United Bank for Africa (UBA) Plc has partnered Konga, Nigeria’s leading e-commerce company and Innovectives Nigeria Limited to create a seamless delivery and payment system by integrating mobile point of sale solution into Konga’s delivery system. Mobile POS (mPOS) which is powered by UBA PLC and MasterCard will make it easier for […]
Continue ReadingLeading African businessman and philanthropist Tony O. Elumelu; Akin Adesina, President of the African Development Bank; Graca Machel, former first lady of Mozambique and widow of Nelson Mandela; Phillipe le Houerou, CEO of the International Finance Corporation and Tarek Sultan Al Esso, CEO and Vice Chairman of the Board Agility have been slated to co-chair the 26th World Economic Forum […]
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