Tag Archives: UBA

UBA Group Starts Strong In 2017, Grows Profits By 41% In Q1

…Its African subsidiaries wax stronger, contributing 35% of earnings The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in 2016 financial year, UBA Group delivered another impressive 41% percent year-on-year growth in profit-before-tax in the first three months of 2017. Leveraging …

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UBA’s REDTV Sponsors Runway Jazz to Commemorate Lagos @50

REDTV a dynamic online lifestyle channel, supported by United Bank for Africa (UBA) Plc, that puts the spotlight on Africa with a distinct global appeal, has announced its sponsorship of the Runway Jazz Festival as part of events lined up for the commemoration of Lagos @ 50.  The Runway Jazz Festival scheduled to commence on April 29 and close on …

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UBA Reinforces Its Customer Focus, Honours Staff Integrity

The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to implement the Bank’s core values of Enterprise, Excellence and Execution. At the event held at the Eko Hotel Expo Centre, Lagos, Nigeria, UBA gathered customers, captains of industry, dignitaries from politics and diplomacy, staff and Board …

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UBA Delights Shareholders; Distributes N27.2bn in Dividends

The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial year ended 31st December 2016, in addition to N7.3 billion interim …

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UBA Declares Final Dividend of 55kobo,Grows Profit by 32%

United Bank for Africa (UBA) Plc,  has released its audited 2016 full year results, showing a significant growth in gross earnings and profits. A statement from the bank on Sunday attributed the improved earnings and profits to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The UBA Group reported a 22 per …

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25 Days of Awesomeness: Cash Prizes, Beats by Dre, DSTV explorers up for grabs in Cashless December

25 Days of Awesomeness: Cash Prizes, Beats by Dre, DSTV explorers up for grabs in Cashless December Pan-African financial services group, United Bank for Africa Plc, UBA, has announced the commencement of its annual end of year campaign, Cashless December. This year’s edition has been themed “25 Days of Awesomeness” and it seeks to reward cashless living. Customers who use …

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Elumelu Shares Africapitalism Philosophy In North Africa Calls On African Leaders To Create Youth Business Champions, Not Martyrs

Elumelu Shares Africapitalism Philosophy In North Africa Calls On African Leaders To Create Youth Business Champions, Not Martyrs Fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising …

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UBA, AfDB sign $150m Loan Agreement

UBA, AfDB sign $150m Loan Agreement The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) have signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support development of productive sectors of the economy; particularly the power sector, Infrastructure, Women owned enterprises as well as …

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UBA CFO, Finance Team Shines at CFO Awards

UBA CFO, Finance Team Shines at CFO Awards Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, but took it a notch higher when its Group Chief Financial Officer (GCFO) and the Finance Team bagged the treble at the awards night held on November …

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