The Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA), Mr Oliver Alawuba, has described the Pan-African Payment and Settlement System (PAPSS) as Africa’s strategic response …
UBA
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AfricaBankingEconomyFintechInnovationTrade and Commerce
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BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
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AfricaBanking, Finance & InvestmentFinance & ServicesFintechTechnologyTrade and Commerce
UBA’s AI Chatbot LEO Now Facilitates Cross-Border Payments in Africa
United Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. …
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Banking, Finance & InvestmentBusinessEconomy
Nigerian Stock Market Crosses N80trn Mark as Mid-Low Cap Stocks Drive Gains
The Nigerian stock market crossed a major milestone, as the market capitalization hit a new high of N80.144 trillion, showing strong investor confidence, especially in mid- and low-cap stocks. This …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeriaPolicies
Nigerian Banks’ Restricted Deposits with CBN Hit ₦18.82tn as Tight Monetary Policies Persist
Seven big Nigerian banks have reported a combined ₦18.82 trillion in restricted deposits with the Central Bank of Nigeria (CBN) as at March 31, 2025. This is a 7.3 percent …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Gains N1.71tn in One Week as Investor Confidence Grows
The Nigerian Exchange Limited (NGX) ended the past trading week on a bullish note, recording a sharp rise in investor sentiment that led to a N1.71 trillion boost in market …
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DevelopmentEconomyEducationGOVERNMENTInnovation
Africa’s Greatest Wealth Is Its People, Not Its Resources – Experts Urge Focus on Human Capital
Africa is one of the richest continents in the world in terms of natural resources, yet it remains one of the poorest when it comes to human development. According to …
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AfricaBanking, Finance & InvestmentBrand ComparisonBusinessFinance & ServicesGlobal NewsInnovationMarkets
UBA Named Nigeria’s Strongest Brand in 2024, Ranks Among World’s Top 15 Banking Brands
United Bank for Africa Plc (UBA) has claimed the top spot as Nigeria’s strongest brand in the 2024 Brand Finance ranking, making a significant leap from its 9th position in …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesGlobal NewsInnovationNewsNigeria
UBA Emerges Nigeria’s Strongest Brand in 2024 Brand Finance Ranking
United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
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Banking, Finance & InvestmentDevelopmentEconomyEntrepreneurshipFinance & ServicesNigeriaSpotlight
UBA Wins Big at 2025 DBN Awards, Honoured for Supporting Small Businesses Across Nigeria
United Bank for Africa Plc (UBA) has again been recognised for its strong support for small businesses in Nigeria. The bank won four top awards at the 2025 Development Bank …