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Tag Archives: UBA

UBA wins Best Bank of the Year, International Bank of the Year at BAFI Awards

PAN-AFRICAN financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of the Year and the International Bank of the Year at the glamorous event held over the weekend. The bank beat other strong contenders – Zenith Bank, Guaranty Trust Bank, Access Bank and …

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UBA acts as facility agent bank in $1.5billion loan to boost oil production, government revenue

THE United Bank for Africa Plc (UBA) has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC). UBA is providing $200 million (Naira equivalent) to support investment growth …

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UBA rewards 100 customers with N100, 000 each amid COVID 19 Meltdown

ONE hundred loyal customers of Pan African Financial institution, United Bank for Africa (UBA) Plc were rewarded with N100, 000 each in the UBA Bumper account draw. The draw, which took place at the UBA Head office on Tuesday, was held via the Facebook platform in strict compliance with social distancing rules as directed by the Federal and Lagos State …

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UBA provides N5bn as relief support for COVID-19 across Africa

UNITED Bank of Africa (UBA) has announced a donation of N5billion (US$ 14 million) through the UBA Foundation as a response to combat the dreaded COVID-19 pandemic. The Bank in an announcement by the UBA Group Chairman, Chief Tony Elumelu will deploy this donation to provide significant and much needed support for Nigeria and 19 other African Countries by providing …

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UBA empowers entrepreneurs in Onitsha with capacity training

PAN African financial Institution, United Bank for Africa (UBA) during the weekend held Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where eneficiaries were trained in record keeping, cost reduction, stock compiling, financial and taxation planning, maximising opportunities, financial planning and projections. UBA’s Regional Head of Anambra II Anyanuno Ozioma, who flagged off the MSME training said the …

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Giving women a voice: The Tony Elumelu modus operandi

By Lanre Alfred IT is often more convenient to possess the ashes of great men than to possess the men themselves in their lifetime. But in Tony Elumelu’s case, the reality is remarkably different; Nigeria is extremely lucky to possess Elumelu. This is because the maverick banker elevates fiscal management and entrepreneurship to an art form, for the benefit of …

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Tony Elumelu Foundation disburses first tranche of  AFDB’s $5m partnership commitment

TONY O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment​ to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The $2.5m fund was released yesterday, with the remainder expected to be disbursed to the entrepreneurs in Q12020. The AfDB commitment …

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UBA revamps NextGen account with premium offerings, partners DRB LasGidi

Attracts zero charge on all transactions PAN-AFRICAN financial institution, United Bank for Africa (UBA) Plc, has revamped its NextGen account which targets students in tertiary institutions and members of the National Youth Service Corps (NYSC), with added features and benefits. NextGen is a suit of personal accounts designed to meet the needs of young persons, grooming and growing with them …

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