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UBA boosts Lagride’s operation with $100m cash

Lagride has secured a $100 million financing facility from United Bank for Africa (UBA) to expand its Drive To Own programme and enable 3,500 Lagos drivers to transition from daily earners into long-term asset owners, business operators and mobility investors. The partnership strengthens Lagos State’s transportation ecosystem and accelerates the shift toward a structured, technology-enabled…

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UBA appoints Ugboh as independent Non-Executive Director

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…

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