In a massive boost to the transportation sector and youth empowerment in Lagos State, the United Bank for Africa (UBA) Plc has entered into a landmark $100 million partnership with …
UBA
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BusinessEnergyEnvironmentFinanceLagos NewsTransportationYouth Empowerment
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AfricaBankingBusinessCorporate GovernanceEconomyFinance & ServicesLeadershipNigeria
UBA Names New Executive Directors as Four Long-Serving Leaders Retire
United Bank for Africa (UBA) has announced key changes to its executive management team, with three new Executive Directors set to take office from 1 January 2026, following the retirement …
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BankingBusinessCapital MarketsCorporate EarningsEconomyFinance
Top Nigerian Banks Grow Savings Deposits to N33.24tn in Nine Months
The top ten banks in Nigeria have grown their savings deposits to N33.24 trillion in the first nine months of 2025, marking a 6.8 per cent increase from the N31.13 …
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BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …
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BankingBusinessDigital EconomyEntrepreneurshipMediaTechnology
UBA hosts influencers at business series
United Bank for Africa Plc (UBA) has continued its tradition of empowering African entrepreneurs through knowledge-sharing and capacity-building as it hosted another edition of the UBA Business Series, focusing on …
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African DevelopmentBusinessEconomyGovernanceINVESTMENTLeadership
Tony Elumelu Urges African Leaders to Create Stable Business Environment for Private Sector Growth
The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has called on African policymakers to prioritise the creation of a stable and predictable business environment that …
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BankingCapital MarketCorporate AffairsEconomyFinanceNigeriaRegulation
Big Banks in Nigeria Spend ₦442 Billion on AMCON Charges as Profits Fall
by Radarr Adminby Radarr AdminNigeria’s biggest commercial banks have spent a total of ₦442 billion on the Asset Management Corporation of Nigeria (AMCON) levy in the first half of 2025, representing a 34 percent …
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BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
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BankingEastern AfricaEconomyInfrastructureInternational RelationsKenyaNigeriaTrade
UBA Commits $150m to Kenya’s Roads Levy Programme
United Bank for Africa Plc (UBA) has announced a $150 million (KES 20.5 billion) commitment to Kenya’s Roads Levy Securitisation Programme, a $1.35 billion initiative designed by the Kenya Roads …
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BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
Nigerian Stock Market Rebounds with N986bn Gain as Investors Regain Confidence
The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …