United Bank for Africa (UBA) Plc has announced plans to expand its operations to over 100 countries and grow its customer base to over one billion within the next 75 …
Tag:
TONY ELUMELU
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Tony Elumelu, the chairman of United Bank for Africa (UBA) Plc, is poised to receive dividends exceeding N7 billion following the bank’s declaration of a final dividend of N3 per …
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Banking, Finance & InvestmentBusinessINVESTMENTNigeriaWestern Africa
UBA witnesses a nine-month profit increases by N116 billion
UBA, United Bank of Africa’s profit for the nine-month period from January through September hit its peak level ever this year, catapulted by reasonable growth in interest income, its financial …
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AfricaAFRICA NEWSBusinessInsuranceNewsNigeriaWestern Africa
Tony Elumelu proposes N50m capital base for insurance brokers
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …
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AfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
UBA appoints new GMD and other executive members
United Bank For Africa (UBA) has appointed Oliver Alawuba as its new group managing director (GMD). The bank made the announcement in a statement on Monday. According to the bank, …
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AfricaBanking, Finance & InvestmentBusinessGlobal NewsNigeriaWestern Africa
UBA opens branch in Dubai
The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 bank is extending its operations to the oil-rich Middle East country …
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BusinessEnergyOil & GasWestern Africa
Heir Holding, ND Western offers Shell final offer for $2.3 billion oil assets
Shell Plc will receive two final bids for its stake in its Nigerian joint venture this week from Tony Elumelu’s Heirs Holdings and local firm ND Western Limited, Bloomberg reported …