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Finance & Investment

Shareholders applaud UBA’s support against COVID-19 as Bank delivers impressive investment returns

FOR the first time in seventy-one years, leading financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting (AGM) virtually by proxy on Wednesday, April 29, 2020 paying N1 per 50 kobo shares to shareholders as it promised the previous year despite the ravaging COVID-19 pandemic. This …

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USAID, UBA sign MoU to advance Prosper Africa’s two-way trade; investment goals

UNITED States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. This partnership ensures businesses are equipped with the technical and financial tools they need …

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UBA Connect becomes operational as customers can make transactions in 20 African countries

UNITED Bank for Africa (UBA) Plc is deepening intra-African trade with the official launch of UBA Connect, a flagship product that enables the customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates. The service, which is available …

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Heritage Bank enables 2000 female entrepreneurs

NO fewer than 2000 female entrepreneurs have benefitted from Heritage Bank’s financial inclusivity initiatives, as the institution has moved them towards self-reliance by engaging them in some Micro, Small and Medium Enterprises (MSMEs) This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage …

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FG to banks, huge financial safety nets increases risks, vulnerabilities

FEDERAL Government has urged banks to re-strategize on their risk management methods in the sector as the use of huge intervention funds may not be sustainable in the financial system and would increase their weaknesses. Vice President, Yemi Osinbajo, who spoke at the Nigeria Deposit Insurance Corporation’s 30th anniversary lecture/book …

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Credit Access: Heritage Bank MD says Nigeria needs credible identity management

MANAGING Director/ Chief Executive of Heritage Bank, Mr Ifie Sekibo, that while the Bank Verification Number (BVN) has been able to create a form of identification in the country, government still needs to work towards creating a credible and strong identity management towards expanding access to credit. Sekibo made this …

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UBA partners LCCI, gives customers 20% discount for 2019 Lagos International Trade Fair

PAN-AFRICAN financial services institution, United Bank for Africa (UBA) Plc, is partnering the Lagos Chamber of Commerce and Industry(LCCI), to organize the 2019 edition of the Lagos International Trade Fair and is giving a 20% discount to its Small and Medium business customers who register to attend the fair. The …

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Global leaders join African presidents to tackle job creation, youth empowerment at 2019 TEF Entrepreneurship Forum

150 SME owners from across 20 African countries exhibit at the UBA Marketplace AT the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and …

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Human Capacity Development: Bristow commits N250m to train staff

invests another N100m to train 20 Nigerians at NCAT BRISTOW Helicopters (Nigeria) Limited has once again taken a significant step towards its ongoing initiatives and commitment to training and human capacity development in the Nigerian aviation industry, revealing that it has committed well over N250million to the training of its …

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UBA GED recommends curriculum overhaul to equip graduates for tech evolution

“I am not certain if the finance and accounting graduates of today are familiar with modern financial softwares packages, including global accounting and financial reporting standards.“Have they been imbibed with the ready-to-market soft skills like leadership, communication, commercial acumen, flexibility/openness to change and strategic vision? “If not, I will like to propose an overhaul of the curriculum to accommodate these,” he noted.

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