Investors in the Nigerian equities market lost N154bn as the new trading week got off on a losing note. This follows the loss in the market...
Investors in the Nigerian capital market endured a mixed basket of trading last week with two gains and three losses recorded by players at the bourse...
As banks in Nigeria race to meet the recapitalization demands spelt out by the Central Bank of Nigeria, four of the tier-one banks in the country...
The quartet of United Bank for Africa (UBA), Wema Bank, Zenith Bank and Stanbic IBTC are risking sanctions from the Nigerian Xchange for failing to file...
As trading activities return after the easter holidays, GTCO, UBA, ZENITH, JULI have emerged as some of the top stocks to watch out for this week...
Investors in the Nigerian equities market gained N836b in profits as stocks like UBA, MTNN, JBERGER, ACCESSCORP, and others soared on the floor of the Nigerian...
ETI, Access Holding, Multiverse, PZ Cussons and UBA are some of the top stocks that investors could watch out for in the new week as we...
Geregu, United Bank for Africa (UBA) and Transnational Corporation (Transcorp) Plc made the list of companies’ stocks to watch this week, thanks to the activities of...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
This week, the Nigerian stock market will open for four days due to the public holiday to celebrate Easter, and some of the stocks to watch...
The United Bank for Africa (UBA) reported 43.4 per cent growth in its profit after tax for the financial period of 2022, with its electronic banking...
Ecobank Plc and four other banks have announced adjustments in the operation hours ahead of the general elections. In separate emails to their customers, the banks...
The United Bank for Africa (UBA) Plc has appointed a Ghanaian, Abiola Bawuah, as its new Chief Executive Officer. In a statement posted on the Nigerian...
Investors lost N80.85 billion on Monday after the market valuation of the Nigerian stock exchange dropped to N28.52 trillion. The loss represents a decline of -0.28...
The Nigerian capital market closed on a high note on Friday with the equity capitalization rising by 0.89 per cent at the close of the day’s...
Following the shocking sack of Brigadier General Muhammad Fadah, Christy Uba has taken up position as the acting Director-General of the National Youth Service Corp (NYSC)....
The United Bank for Africa (UBA) posted N116.04 billion as net profit in the first nine months of this year. The lender was also fined N235...
United Bank for Africa (UBA) has appointed Oliver Alawuba as Group Managing Director. He will now oversee the operations of the firm in 20 countries, which...
Nigerian banks recorded an impressive first quarter of 2022, with 12 reporting a profit before tax of N334 billion. This was an increase of 13.7per cent...
United Bank for Africa (UBA) made N15.11 billion from its electronic banking service in three months, its Consolidated Financial Statements for the period ended March 31,...
Following the takeover of Abuja Electricity Distribution Company (AEDC) by United Bank of Africa (UBA), the company’s core investors, CEC Africa Investment Limited and KANN Consortium...
The inability of Kann Consortium to service its debt owed to United Bank of Africa (UBA) has led the creditor to takeover Abuja Electricity Distribution Company...
Ten Nigerian banks reported an increase in customers deposits to N28.7 trillion in the first nine months of 2021. The amount was a 12.6 percent increase...
Sequel to the recently held November 6 Anambra governorship election, the All Progressives Grand Alliance (APGA) has said the intention of the Governorship Candidate of the...
The Senate Chief Whip, Orji Uzor Kalu, last week condemned the invasion of the Abuja home of a Supreme Court Judge, Justice Mary Odili. Soldiers and...
United Bank for Africa (UBA) between January and September, reported N104.6 billion in post-tax profit. The figure is a significant increase from the N77.1 billion reported...
The All Progressives Congress (APC) governorship candidate in Anambra, Andy Uba, has postponed his campaign flag-off following the upsurge in violent attacks and killings in parts...
The capital market closed negative for United Bank for Africa (UBA) on Monday, as investors engaged in sell-off following the bank’s disclosure of foreign exchange defaulters...
The United Bank of Africa (UBA) has published the names, Bank Verification Numbers (BVNs), and account details of some customers accused of violating the Central Bank...
The United Bank for Africa (UBA) Plc has reported a profit before tax of N76.2 billion in the first half of the year. This represents a...
Justice Obiora Nwabunike of the Anambra State High Court, Awka, has ordered the Independent National Electoral Commission (INEC) to recognise Senator Ugochukwu Uba as the Peoples...
The All Progressives Congress (APC) screening committee for the Anambra State governorship election has cleared 14 aspirants to take part in the party’s governorship primaries coming...
United Bank for Africa (UBA) Plc has announced the appointment of ex -Managing Director of Diamond Bank, Caroline Anyanwu as a member of its Board. A...
Interest expense of United Bank for Africa (UBA) fell by 7.9 percent in 2020, analysis of the company’s financial statements showed. Interest expense, which is a...
Jack Dorsey-led microblogging site, Twitter, announced, on Thursday, its intent to place charges on exclusive tweets and contents. The company, in its resolution during the annual...
The equity section of the Nigerian Stock Exchange (NSE) closed flat on Monday, the third time it would do so in seven days. Bank stocks including...
United Bank for Africa (UBA) Tuesday announced its profit for half-year 2020 crumbled by 21.7% compared to the same period of 2019. According to its Interim...
The Bauchi State Police Command on Friday said it has arrested over 20 suspects for their alleged involvement in crimes ranging from theft, sodomy and r*pe....
Pan-African lender, United Bank for Africa (UBA) Thursday said it would earmark $14 million (around N5 billion) to strengthen the campaign against the covid-19 scourge in...
Today’s trade ended on the Nigerian Stock Exchange (NSE) with the market reversing nearly all the gain it made last Friday and slipping back to the...
The Board of Directors of Transnational Corporation of Nigeria (Transcorp) Plc has said it is proposing a dividend per share of N0.01 for Full Year 2019. The firm had about...
United Bank for Africa (UBA) Plc has posted a 13% rise in its after-tax profit for Full Year 2019. The percentage increase translates to N10.482 billion increase...
The Nigerian bourse halted its losing streak today to post a bullish comeback with a modest gain of N52 billion. All the major market performance indicators...
Throughout last week, the Nigeria Stock Exchange (NSE) recorded a bullish session as both the All Share Index (ASI) and the market capitalisation appreciated each day...
The Nigerian Stock Exchange (NSE) began the week on a negative note as a number of bellwether stocks, led by telecommunication giant MTNN, recorded price depreciation....
For the second day running, the Nigerian Stock Exchange (NSE) sustained its bullish run on Wednesday as market capitalisation reached N12.924 trillion at the close of business. The...
The Central Bank of Nigeria (CBN) has given a tier 1 lender, Access Bank a “No Objection” approval for its proposed acquisition of controlling equity interest...
United Bank for Africa (UBA) has released its Q3 2019 interim consolidated financial statements for the 9 months period ended September 30, 2019. The results show...
Hello, it’s Sunday again. And, here is another serving of Business Wrap, a featured post highlighting some of the major events that unfolded during the week...
Four major banks in the country have incurred the wrath of the Central Bank of Nigeria (CBN) and the Financial Reporting Council of Nigeria, as they...
