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United Bank for Africa - Page 4

How To Check BVN On UBA Platform

Bank Verification Number (BVN) is an identity-based security measure introduced by the Central Bank of Nigeria (CBN) in 2015 to curb fraudulent transactions in the banking system. BVN is an 11-digit number that is unique to each individual but uniformly used across

August 23, 2023

Business

Oliver Alawuba Increases Investment In UBA, Shareholders Make N116.27bn

The Group Managing Director of the United Bank for Africa (UBA), Oliver Alawuba, has increased his investment in the financial institution. Alawuba is now the second highest shareholder in UBA after acquiring 35.53 million shares of the bank in the Nigerian stock market

June 27, 2023

Business

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has increased his ownership stake in the financial institution to tighten his control over the firm. Elumelu increased his controlling stake in UBA to 7.18 per cent as at the end

May 30, 2023

Elumelu Confident In Naira Regaining Stability Amid CBN Leadership Change

Business

Tony Elumelu Increases Investment In UBA To N19.48 billion Amid Otedola Dispute

The Chairman of United Bank for Africa (UBA), Tony Elumelu, has bought N560 million worth of shares in the commercial bank through his investment company, HH Capital Limited. He made the acquisition on Tuesday, 9 May, according to a document released on

May 10, 2023

Business

Femi Otedola Alleges Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp Investments

Femi Otedola has accused Tony Elumelu of double-crossing him in deals involving United Bank for Africa (UBA) and Transnational Corporation (Transcorp). He disclosed that Elumelu betrayed him on multiple occasions. Otedola explained that he financially assisted Elumelu to acquire UBA in 2005.

May 9, 2023

Business

Ex-staff Wins Case Against UBA, Judge Orders UBA To Pay Her N1 million

The United Bank for Africa (UBA) has been ordered by Justice Ayokunle Faji of the Lagos Federal High Court to pay its former employee, Olufunke Bella, N1 million for illegally and unlawfully closing her account. Justice Faji said UBA breached the fundamental

April 21, 2023

Mixed Reactions Trail Nigeria’s Supreme Court Judgment On LG Autonomy

Business

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

United Bank for Africa (UBA) and Stanbic IBTC are facing various lawsuits that could result in significant revenue losses for the financial institutions. As of 2022, about 411 cases have been filed against Stanbic IBTC, while UBA is currently involved in 1,422

March 31, 2023

Business

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

The Chairman of United Bank for Africa (UBA), Tony Elumelu, has come under criticism from a former gubernatorial candidate, Babatunde Gbadamosi after a video emerged showing the investment banker congratulating Bola Tinubu, Nigeria’s President-Elect. Elumelu called Tinubu the “last man standing,” after

March 10, 2023

Business

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations

The Board of Directors of the United Bank for Africa Plc has appointed Mrs Abiola Bawuah, as Chief Executive Officer (CEO) of the UBA, Africa Operations. This was confirmed in a statement released by the Board on Monday, 30th January 2023. Bawuah

January 30, 2023

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hit Banks

Business

UBA Fined N235 million, Generates N45.70 billion Net Profit In Q3

The United Bank for Africa (UBA) was fined N235 million, its Condensed Interim Consolidated Financial Statements for the period ended September 30, 2022, has disclosed. In the financial statements released on Monday, UBA disclosed that it recorded N235 million penalty, although in

October 25, 2022

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United Bank for Africa - Page 4

How To Check BVN On UBA Platform

Oliver Alawuba Increases Investment In UBA, Shareholders Make N116.27bn

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Tony Elumelu Increases Investment In UBA To N19.48 billion Amid Otedola Dispute

Femi Otedola Alleges Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp Investments

Ex-staff Wins Case Against UBA, Judge Orders UBA To Pay Her N1 million

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations

UBA Fined N235 million, Generates N45.70 billion Net Profit In Q3

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