United Bank for Africa – Page 3 of 4

In a groundbreaking move set to reshape the economic landscape of Africa, the United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent.

UBA Records 86.64% PBT Growth In Q3, 2023

United Bank for Africa Plc has just unveiled its third-quarter results for 2023, reporting 86.64% year-on-year growth in pre-tax profits, reaching N98.444 billion. This performance has pushed the nine-month pre-tax profits to

Emmanuel Ochayi

October 31, 2023

Business·News

5 Metrics Of UBA’s Record H1 Profit Surge

United Bank for Africa Plc (UBA) has unveiled its 2023 half-year financial report, showing a meteoric rise in profit. “We’re witnessing a remarkable transformation here,” said Oliver Alawuba, the group managing director/chief

Emmanuel Ochayi

September 15, 2023

Insights

How To Check BVN On UBA Platform

Bank Verification Number (BVN) is an identity-based security measure introduced by the Central Bank of Nigeria (CBN) in 2015 to curb fraudulent transactions in the banking system. BVN is an 11-digit number

Victor Ezeja

August 23, 2023

Business

Oliver Alawuba Increases Investment In UBA, Shareholders Make N116.27bn

The Group Managing Director of the United Bank for Africa (UBA), Oliver Alawuba, has increased his investment in the financial institution. Alawuba is now the second highest shareholder in UBA after acquiring 35.53

Fakoyejo Olalekan

June 27, 2023

Business

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has increased his ownership stake in the financial institution to tighten his control over the firm. Elumelu increased his controlling stake

Fakoyejo Olalekan

May 30, 2023

Elumelu Confident In Naira Regaining Stability Amid CBN Leadership Change

Business

Tony Elumelu Increases Investment In UBA To N19.48 billion Amid Otedola Dispute

The Chairman of United Bank for Africa (UBA), Tony Elumelu, has bought N560 million worth of shares in the commercial bank through his investment company, HH Capital Limited. He made the acquisition

Fakoyejo Olalekan

May 10, 2023

Business

Femi Otedola Alleges Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp Investments

Femi Otedola has accused Tony Elumelu of double-crossing him in deals involving United Bank for Africa (UBA) and Transnational Corporation (Transcorp). He disclosed that Elumelu betrayed him on multiple occasions. Otedola explained

Fakoyejo Olalekan

May 9, 2023

Business

Ex-staff Wins Case Against UBA, Judge Orders UBA To Pay Her N1 million

The United Bank for Africa (UBA) has been ordered by Justice Ayokunle Faji of the Lagos Federal High Court to pay its former employee, Olufunke Bella, N1 million for illegally and unlawfully

Fakoyejo Olalekan

April 21, 2023

Mixed Reactions Trail Nigeria’s Supreme Court Judgment On LG Autonomy

Business

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

United Bank for Africa (UBA) and Stanbic IBTC are facing various lawsuits that could result in significant revenue losses for the financial institutions. As of 2022, about 411 cases have been filed

Fakoyejo Olalekan

March 31, 2023

Business

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

The Chairman of United Bank for Africa (UBA), Tony Elumelu, has come under criticism from a former gubernatorial candidate, Babatunde Gbadamosi after a video emerged showing the investment banker congratulating Bola Tinubu,

Fakoyejo Olalekan

March 10, 2023

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United Bank for Africa - Page 3

UBA Records 86.64% PBT Growth In Q3, 2023

5 Metrics Of UBA’s Record H1 Profit Surge

How To Check BVN On UBA Platform

Oliver Alawuba Increases Investment In UBA, Shareholders Make N116.27bn

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Tony Elumelu Increases Investment In UBA To N19.48 billion Amid Otedola Dispute

Femi Otedola Alleges Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp Investments

Ex-staff Wins Case Against UBA, Judge Orders UBA To Pay Her N1 million

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

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