UBA Extends Africa Footprint, commences Full Operations in Mali

The pan African financial institution, United Bank for Africa (UBA) Plc on Monday commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa. The launch of UBA Mali brings to 20, the number of African countries, where the Group currently operates, with global operations in the United States, the United Kingdom, and France. The launch of the bank’s latest addition in Mali was occasioned by his Excellency, the President of the Republic of Mali, Mr. Ibrahim Aboubacar Keita who gave an…

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UBA Academy Gets CIBN Accreditation for Excellence in Training, Capacity Building

In recognition of its high standard, quality of human resources development, training and capacity building, The Chartered Institute of Bankers of Nigeria (CIBN) has certified and awarded UBA Academy the certificate of accreditation in line with the Central Bank of Nigeria’s Competency Framework for the banking industry . UBA Academy, the dedicated learning and development centre of the Pan African financial institution,  United Bank for Africa (UBA) Plc, was accorded the new recognition of excellence at a ceremony presided over by the President/Chairman of Council of the institute, Dr. Uche…

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Desarrollar Partners with Top Firms to Improve Real Estate Solutions.

Managing Director FBNQuest Trustees, Mr. Adekunle Awojobi, Lead Partner Desarrollar Group, Mr. Ikemefuna Mordi and Managing Director/CE UTL Trust Management services Mrs. Olufunke Aiyepola at the official all Parties signing ceremony between Desarrollar group, a leading Lifestyle and Real Estate solutions company and its partners in Lagos recently.   Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions. Please follow…

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Heirs Holdings Signs $600 million Facility Deal with Afrexim Bank, to scale its Energy Investments.

 Chairman, Heirs Holdings Group, Mr. Tony Elumelu and President of African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, during the signing of $600 million Facility Deal between Afreximbank and Heirs Holdings Group to scale Heirs Holding’s Energy Investments in Africa… in Cairo, Egypt.   As a further demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim signed financing facilities totaling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings has significant investments across Africa,…

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NCC To Develop Regulatory Framework For 5G, Tailored To Support The Technology.

Telecommunications Stakeholders recently met in Abuja, held a one-day stakeholders forum to brainstorm on Nigeria’s readiness for 5G and High Altitude Platform Station (HAPS) technology. The Telecoms forum was organised by the Nigerian Communications Commission (NCC) Danbatta who was represented by Mr. Austine Nwaulune, director, Spectrum Administration NCC, according to Danbatta, the 5G framework is still being defined by the International Telecommunication Union (ITU), there is the need to prepare toward massive deployment ofinfrastructure tailored to support the technology. The EVC Prof. Danbatta, said the forum was to bring stakeholders…

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Thousands of UBA Staff Across Africa Give Back to their Communities…

  GMD/CEO, UBA Plc. Mr. Kennedy Uzoka, flanked by senior executives of the bank and some students of secondary school students at the event.   UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, on Friday, November 23, 2018 launched its Each One, Teach One initiative, hosting a huge impact day in Nigeria and across all its subsidiaries in Africa.  The UBA Community Service presents an opportunity for UBA staff members to give a little of their time and skills to their communities. All…

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14–year old Odjegba Divine became the 2018 Winner of UBA Foundation’s National Essay Competition

 l-r: CEO, UBA Foundation, Bola Atta; Winner of 2018 UBA Foundation National Essay Competition for Senior Secondary Schools in Nigeria and Student of School International High School, Delta State, Miss Unuakpor Divine Odjegba; GMD/CEO, United Bank for Africa(UBA) Plc, Mr. Kennedy Uzoka; 2nd Runner-up, Master Ini-Iso Christopher; 1st Runner-Up, Master Halimat Ozemoka; and Deputy Managing Director, UBA Plc, Mr. Victor Osadolor, at grand-finale of the competition held at UBA House in Lagos.   The 2018 edition of the UBA Foundation’s National Essay Competition was held at our Bank’s headquarters with 14–year…

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MTN generated voice calls by 7.2 percent in 2017

The revenue generated from voice calls by MTN Nigeria grew by 7.2 per cent in 2017 at constant exchange rate, contributing significantly to the MTN Group’s service revenue. Data subscription also contributed to the earnings of the company, expanding by 86.6 per cent year-on-year as shown by the 2017 financial report of the company. The company reported relatively stable outgoing voice calls, generating R22,744m, apart from international roaming revenue and R4,012m from incoming voice calls including international roaming and excluding revenue from wholesale. Earnings from MTN Nigeria’s data services amounted to R4,376m in…

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