UBA

United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from the Board of Directors on August 21, 2026, after completing the 12-year tenure limit for non-executive directors. The bank also…
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The Economic and Financial Crimes Commission (EFCC) has instituted a N4.3 billion alleged forex fraud case at the Ikeja Special Offences Court against United Bank for Africa (UBA) Plc and four others. Other defendants in the case are,…
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The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has assured that Nigerian banks are safe and healthy, with none shutting down because of recapitalisation, as speculated on social media. The…
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Six banks paid N751.796 billion as income tax to the Federal and State Governments and agencies for the 2024 financial year ended on December 31, 2024. The figure represents a 189.9 per cent increase from the N395.79 billion tax paid in…
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Minister of Foreign Affairs, Yusuf Tuggar, says there is no ulterior undertone in Nigeria’s relationship with France. Recalls that on December 25, the military leader of the Niger Republic, Abdourahamane Tchiani, accused Nigeria of…
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The Kaduna Internal Revenue Service (KADIRS) on Wednesday sealed the United Bank for Africa (UBA) branches in the state metropolis over an alleged N14.3 million unpaid tax. Speaking to newsmen after the exercise, Hajiya Aysha Ahmad, the…
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PRESS RELEASE In 2005, while Tony was the Managing Director of Standard Trust Bank he approached me to get funds to acquire UBA. I enthusiastically gave him $20 million, which was N2 billion at that time to buy the necessary shares in…
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‘I am very pleased to announce Oliver Alawuba as the new Group Managing Director of the UBA Group. Oliver has extensive experience in Nigeria and our African network and is well equipped to advance our pan-African and global strategy. I…
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But in an originating summon marked: FHC/ABJ/CS/984/2022, dated and filed June 27 by their counsel, Adegboyega Awomolo, SAN, before Justice Inyang Ekwo of a Federal High Court, Abuja, the Ekweremadus prayed the court for an order directing…
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The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned one Judith Nneka Nwagwu, a staff of the United Bank for Africa, before Justice D.A. Onyefulu of the Anambra State High Court sitting in…
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