The United Bank for Africa (UBA) plans to open a branch in Saudi Arabia as part of its expansion as a global bank. The Group Managing Director (GMD) Mr Oliver Alawuba, disclosed this at a send-forth dinner held in honour of the bank’s retired non-executive directors in Abuja on Wednesday night. He added that the bank would expand its operations …

United Bank for Africa (UBA) has posted a 40 per cent growth in gross earnings to N1.37 trillion in the first half of 2024 from N981.77 billion in the prior period of last year. The pan-African banking group declared an interim dividend of N2 per share for, a 300 per cent increase from the N0.50 declared in the same period …

The stark reality of financial exclusion in Africa has been laid bare by the Group Managing Director of United Bank for Africa (UBA), Oliver Alawuba. According to him, a staggering 80% of Africans remain outside the formal financial system, lacking access to essential financial services. At a reception honouring the 23rd President/Chairman of Council, Chartered Institute of Bankers of Nigeria …

The United Bank for Africa (UBA) has reportedly frozen the account of the Take It Back Movement (TIB), a human rights organisation leading the charge for the upcoming nationwide #EndBadGovernance protests. TIB on Friday alleged that the account was frozen on the order of the Department of State Services (DSS), Nigeria’s secret police. The group vowed to take legal action …

Before the licensing of some banks a few years ago, commercial banks in Nigeria were sharply divided into two, by the media – the old-generation and new-generation banks. Of all the banks, the United Bank for Africa (UBA) Plc was one that, at a point in its life, was difficult profile, and most of the time depended on how the …

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution http://qrdispute.ubagroup.com:8088, called the ‘Scan to Resolve Complaint’ Portal aimed at enhancing satisfaction and swiftly addressing customers’ disputes. The innovative platform marks another significant step by the bank to revolutionise customer service and streamline complaint resolution processes. The ‘Scan to Resolve complaint’ portal is a QR-code …

The wife of billionaire businessman, Tony Elumelu, Dr. Vivian Awele, and a company he founded, HH Capital Limited, have acquired 23,196,236 units of the shares of the United Bank for Africa (UBA). This was revealed in corporate notices on insider trading filed with the Nigerian Exchange Limited on Monday. Mrs Elumelu bought a total of 9,624,441 units of UBA shares …

The Board of Directors of the United Bank for Africa Plc (UBA) has announced the appointment of Mrs Abiola Bawuah as the Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria. UBA operates in 19 African countries beyond Nigeria, in addition …