Over 100 lucky customers of the United Bank for Africa (UBA) Plc have shared over N41.8 million in prizes during the lender’s just concluded UBA Legacy Promo series. The promo which began last year, was specially designed by the bank to celebrate UBA’s rich legacy spanning over 75 years, as well as its long-standing commitment…
United Bank for Africa (UBA) Plc is number one in customer service experience and other strategic areas in the banking sector, according to the latest KPMG 2024 West Africa Banking Industry Customer Experience Survey. The bank cemented its position as a leading customer-centric institution, emerging among the top five banks, in various survey’s segmentation. The…
Building businesses that stand the test of time requires a blend of innovation, unwavering focus, and passion. This was the key takeaway from the latest edition of the United Bank for Africa (UBA) Business Series, hosted in Lagos. With the theme: “Profit with Purpose, Business Continuity,” the event which was held at the Tony Elumelu…
United Bank for Africa (UBA) Plc has appointed Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, commenting on the appointment, said, “Henrietta Ugboh brings a track record of professional success, integrity and leadership, which will…
Nigeria’s apex bank has advised Nigerians in diaspora to channel their remittances home towards investment rather than consumption. Deputy Governor (Financial System Stability) at the Central Bank of Nigeria (CBN), Mr. Philip Ikeazor, gave the advice during a forum that focused on: “Optimizing Remittances to Nigeria: A Vision for the Future,” held with the Nigerian…
The United Bank for Africa Plc and the Saudi Export-Import Bank have signed a Memorandum of Understanding to foster economic cooperation and trade relations. According to a statement from the lender, the MoU was signed on the sidelines of the Saudi-African Summit in Saudi Arabia on Thursday. It stated that the partnership between the bank…
Nigerian banks are faced with low growth and a punitive cash reserve ratio of 27.5% at home. They are betting on the African Free Trade Zone to expand elsewhere on the continent. However, the profitability of their subsidiaries outside Nigeria is relatively average. Are they falling into an expansionary trap? A pastoral setting, an elegantly…
