The bearish performance of the local bourse was on Wednesday extended into the third consecutive session as sell pressures in DANGCEM (-1.6%), ZENITH (-1.0%) and MOBIL...
The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based prophetess, Linda Mabi-Praise, for allegedly defrauding a company of N25m in an Automotive Gas Oil...
In what appears as a shake off of tensions around the general election, investors in Nigeria’s stock market on Thursday gained N228.1 billion as market capitalisation...
Fears that the heightening political uncertainties may trigger a pull back in the equity market to halt the bullish run witnessed in the past few days...
Despite the improving macroeconomic environment, the banking industry seems likely to continue to grapple with Non-Performing Loans (NPLs), in the short-term at least, as financial results...
Average return by Nigerian equities nosed down to its recent low as major corporate earnings reports failed to stimulate valuations at the Nigerian stock market. Nigerian...
The board of directors of United Bank for Africa (UBA) Plc has recommended distribution of N29.1 billion to shareholders as cash dividend for the 2017 business...
Two in every three deals were closed at discount at the Nigerian Stock Exchange (NSE) on Tuesday but gains recorded by a handful of highly capitalised...
Justice Ibrahim Buba of the Federal High Court, Asaba, Delta State, has convicted and sentenced a former Relationship Manager with the United Bank for Africa (UBA)...
United Bank for Africa (UBA) Plc on Wednesday cancelled 2.08 billion ordinary shares valued at nearly N20 billion that belonged to the bank’s Staff Share Investment...
Nigeria’s first generation commercial banking group, United Bank for Africa (UBA) Plc has just released its audited half-year financial results for the first half of this...
As politicians and their parties begin to dig trenches in Anambra state in preparation for the battle of who unseats Governor Willie Obiano in November, the...
United Bank for Africa (UBA) Plc on Tuesday started a process to cancel 2.08 billion ordinary shares valued at N19.7 billion that belonged to the bank’s...
Several leading stocks at the Nigerian stock market hit their highest prices in a year at the weekend as Nigerian quote posted a whooping gain of...
The Nigerian equities market reopened on Monday with continuing downtrend as investors showed less appetite for quoted shares despite the fact that several stocks are trading...
The European Investment Bank (EIB) has entered into agreement with United Bank for Africa (UBA) to perfect a new deal that will see Nigerian private business...
The Central Bank of Nigeria (CBN) has readmitted United Bank for Africa (UBA) Plc into the foreign exchange (forex) market after the commercial bank hurriedly remitted...
The Central Bank of Nigeria (CBN) has brought down the hammer on nine banks for flouting extant financial regulations. The apex bank has banned them from taking...
The Central Bank of Nigeria, CBN, has increased banks’ weekly dollar sales to Bureaux De Change, BDCs, from Diaspora-related foreign exchange, from $30,000 to $50,000. This...
The Economic and Financial Crimes Commission, EFCC, has started a probe into the tenure of Senator Godswill Akpabio as the governor of Akwa Ibom. The EFCC...
By Reuben Abati… I was shocked by the trenchant reaction to my piece on the July 15 attempted coup in Turkey from at least two persons. The piece...
Mr. Kennedy Uzoka will as from Monday August 1 takes over as the substantive group managing director at United Bank for Africa (UBA). The tenure of...
The United Bank for Africa Plc, UBA has picked holes against claims made by the former Chairman of the defunct Air Nigeria, Mr. Jimoh Ibrahim, who...
My very good friend Charles Aigbe of UBA called me out of the blue and in a shaky voice he asks me if I had heard...
The board of directors of the African Development Bank Group (AfDB) through its private sector window has approved a $150 million line of credit (LOC) to...
The Economic and Financial Crimes Commission has frozen the bank account of Marecco Nigeria Limited belonging to a former Secretary to the Government of the Federation,...
The Economic and Financial Crimes Commission has frozen the bank account of Marecco Nigeria Limited belonging to a former Secretary to the Government of the Federation,...
Kennedy Uzoka, the group managing director-designate for the United Bank for Africa (UBA) Plc, at the weekend gave a glimpse of the underlying vision and strategies...
In from Success Allantee… United Bank for Africa (UBA) Plc achieved full subscription to its recent rights issue; successfully raising N11.5 billion from existing shareholders to...