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 …
UBA
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BusinessEconomyFinance & ServicesGOVERNMENT
Dangote Cement Wins Platinum at Corporate Reporting Awards
Reporting Award for 2023, with MTN Nigeria taking the gold and Seplat Energy emerging as the runner-up. The award ceremony, held on Tuesday at the Nigerian Exchange (NGX), was organized …
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Banking, Finance & InvestmentGOVERNMENTOil & GasPolicies
Fitch: Banks Can Withstand Windfall Tax, Despite Rising Economic Pressures
Global credit rating agency, Fitch Ratings, has expressed confidence in the resilience of Nigerian banks, stating that their strong profitability will cushion the impact of the recently imposed windfall tax …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
CBN Says Strong Banks Are Key to Nigeria’s $1 Trillion Economy Target
The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
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Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
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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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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 & InvestmentBusinessNewsNigeriaWestern Africa
Fitch affirms 10 Nigerian Banks at ‘B’, Outlook Stable
Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …
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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 …