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United Bank for Africa

UBA Named Africa’s Bank of the Year 2025, Clinches 10 Awards Across the Continent

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has strengthened its position as one of the continent’s leading financial institutions after being named Africa’s Bank of the Year 2025 by The Banker, a publication of the Financial Times of London. This

December 8, 2025

Events & Opportunities·News·Nigeria·Top Stories

13-Year-Old Igando Student Breaks Record, Clinches Top Prize in UBA Essay Competition

A historic feat was recorded in Lagos on Tuesday as 13-year-old Ebunoluwa Seth Oluwatimilehin, a student of Igando Community Senior High School, emerged winner of the 15th UBA Foundation National Essay Competition (NEC), becoming the youngest champion in the competition’s history. Ebunoluwa,

November 19, 2025

Business·News·Top Stories

UBA Commits $102 Million to Chad as Part of $30 Billion Development Drive

UBA Group has reaffirmed its role as a key financier of Africa’s infrastructure and industrial growth, pledging over $102 million in direct investments in Chad during the UAE-Chad Trade & Investment Forum. Speaking at the event, the bank’s representative framed the investment

November 11, 2025

Business·News

Recapitalisation: UBA Extends Deadline For Rights Issue

The United Bank for Africa (UBA) has extended the closing date for its rights issue by two weeks. The rights issue, which was originally scheduled to close on 5 September 2025, has been shifted to 19 September 2025. This was contained in a notice to

September 11, 2025

Business

UBA Announces Strategic Expansion Into Key Markets Across Africa

The United Bank for Africa (UBA) Group has announced plans to embark on further strategic expansion into key markets across Africa. This was revealed during the UBA Group’s Half-Year Business Review held at its global headquarters in Lagos, Nigeria. The meeting brought

July 10, 2025

UBA Hosts Business Series To Empower MSME’s On Wealth Management

Business·News

UBA Announces Changes To USSD Banking Charges

The United Bank for Africa (UBA) has announced changes to its USSD banking charges, effective June 3, 2025. In line with the Nigerian Communications Commission (NCC) directive, USSD banking charges will no longer be deducted from customers’ bank accounts. Instead, charges will

June 3, 2025

Business

UBA’s Total Dividend Payout To Shareholders Rises By 79% In 2024

The United Bank for Africa (UBA) has paid out a total of N171 billion as dividends to its shareholders for the fiscal year 2024, reflecting a 79 per cent increase from the N95.8 billion paid in 2023. According to the bank’s 2024

April 28, 2025

Business

UBA Raises N355.2bn Of N500bn CBN’s Capital Requirement

The United Bank for Africa (UBA) has raised N355.2 billion out of the N500 billion new capital requirement mandated by the Central Bank of Nigeria (CBN). Chairman, UBA Group, Mr Tony Elumelu, disclosed this on Friday during the bank’s 65th Annual General

April 26, 2025

Business·News

UBA Unveils Upgraded PoS Terminal, Revamped MONI App To Accelerate Digital Payments Across Africa

United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App to redefine the digital payment landscape and empowering Small and Medium Scale Enterprises across Africa. The upgraded platforms

April 13, 2025

Markets

Decline In FX Gain Slows UBA’s Profit Growth

After an impressive period in 2023, which saw the United Bank for Africa (UBA) record an impressive 256.88 percent increase in profit after tax (PAT), the company’s net income growth slowed significantly to 26.14% in 2024. According to an analysis of the

April 7, 2025

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United Bank for Africa

UBA Named Africa’s Bank of the Year 2025, Clinches 10 Awards Across the Continent

13-Year-Old Igando Student Breaks Record, Clinches Top Prize in UBA Essay Competition

UBA Commits $102 Million to Chad as Part of $30 Billion Development Drive

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Announces Strategic Expansion Into Key Markets Across Africa

UBA Announces Changes To USSD Banking Charges

UBA’s Total Dividend Payout To Shareholders Rises By 79% In 2024

UBA Raises N355.2bn Of N500bn CBN’s Capital Requirement

UBA Unveils Upgraded PoS Terminal, Revamped MONI App To Accelerate Digital Payments Across Africa

Decline In FX Gain Slows UBA’s Profit Growth

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