UBA Aims To Deepen Its Global Expansion With N239.4bn Rights Issue Proceeds
United Bank for Africa (UBA) Plc is set to deepen its global presence by investing in key financial hubs, including the United Kingdom (UK), the United States of America (USA), France, and the United Arab Emirates (UAE). This move, announced by the Group Chairman, Mr. Tony Elumelu, aims to enhance the bank’s international operations and […]
Read MoreUBA Ushers In Festive Cheer With Lagos Marina Garden Light-Up
United Bank for Africa (UBA), through its corporate social responsibility (CSR) arm, UBA Foundation, has kicked off the holiday season with its annual Garden Light-Up ceremony at the UBA head office in Lagos. The reccent event brought together staff, customers, and well-wishers in a vibrant celebration of joy, unity, and gratitude. The Garden Light-Up, a […]
Read MoreUBA Appoints Ugboh As Independent Non-executive Director
United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Henrietta Ugboh as an Independent Non-executive Director, following the retirement of Mrs. Owanari Duke from the Group Board. The appointment has received necessary regulatory approvals, including from the Central Bank of Nigeria. UBA’s Group Chairman, Mr. Tony Elumelu, commended Mrs. Ugboh’s proven record […]
Read MoreUBA Seeks Approval For Rights Issue Following Q3 Profit Surge
United Bank for Africa (UBA) has applied to the Nigerian Exchange (NGX) for approval to list a rights issue of 6.8 billion ordinary shares at ₦35.00 each. This follows a strong quarter three (Q3) 2024 financial performance, with UBA reporting a remarkable 101.88 percent increase in pre-tax profit to ₦194 billion and a nine-month total […]
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