Tag: UBA
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BREAKING: UBA shareholders re-elect Tony Elumelu as Chairman
Shareholders of the United Bank for Africa (UBA) Plc have approved a final dividend of N3.00 per share for the 2024 financial year ended December 31. The final dividend and the N2.00 per share interim dividend paid in October 2024, brought the total dividend for the year to N5.00, amounting to a pay-out ratio of…
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Full Year 2024: UBA grows profit to ₦804 billion, declares N3.00 kobo final dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, with all its major indicators witnessing significant improvement.
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Tony Elumelu Foundation to unveil 2025 Cohort of TEF Entrepreneurship program
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025. The 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds. TEF continues to provide much-needed support, empowering African entrepreneurs…
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New report puts Billionaire Tony Elumelu net worth at $2.15bn after surging growth by UBA, Transcorp
Billionaire Tony Elumelu, has a net worth of $2.15bn according to MoneyCentral’s analysis of stakes in various companies controlled by him, which have seen record growth in recent years. MoneyCentral estimated Mr. Elumelu’s net worth as of March 10, 2025, by piecing together his stakes in companies, primarily through his family-owned investment vehicle, Heirs Holdings,…
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UBA inducts over 3200 young professionals under GMAP initiative
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP)
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KPMG Banking Industry Survey: UBA emerges top 5 in customer experience survey for banks, excels in SME, retail banking, other segments
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experience Survey.
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UBA donates N500 million to Lagos state security trust fund, pledges support for state’s effort at improving security
United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure environment for individuals and businesses.
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Elumelu champions recognition of women’s potential, challenges workplace stereotypes
The Group Chairman, United Bank for Africa (UBA) and Founder, Tony Elumelu Foundation (TEF), Tony Elumelu, have passionately called for a change of long-standing workplace stereotypes that continue to hinder women’s professional growth and potential.
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UBA group to commence full banking operations in France
As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement is a significant indication of support by the French Government for…
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UBA to Raise N239.4 Billion through Rights Issue
*Shareholders to receive one new share for five existing shares *Further strengthens regulatory capital and positions Group for growth in lending, digital banking and unique diversified global banking strategy Africa’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at…