BUSINESS

United Bank for Africa (UBA) Plc, has emerged best institution in two esteemed categories at the Interswitch Awards and Gala. UBA beat other nominees in its category, taking away the prize for the Fastest Growing Bank Partner given to the bank with the most impressive performance in Verve card issuance …

Nigeria’s Guaranty Trust Bank’s (GTBank) offer to repurchase its $400 million six percent notes due 2018 has recorded 30.77 per cent success as only $123.066 million in aggregate principal amount of the offer was validly tendered before the deadline. In a notice released to the Nigerian Stock Exchange (NSE), the …

Amazon stock jumped 13.5% on FridayOctober27, 2017 after the company turned in another incredible earnings report – more than a quarter-billion dollars in profit in three months. Jeff Bezos owned nearly 80 million shares in Amazon (AMZN, Tech30) as of August, according to the most recent available data from FactSet. …

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 year, showing remarkable performance across major performance indicators. The board of directors of the bank has declared interim dividend of 20 kobo per share, …

The company’s indebtedness to the lenders, they claimed stands as follows: Access Bank: N9, 278,404,445; Ecobank: N6, 257,203,229.21, FCMB: N441, 700,000; GTB: N618, 004,854.73 In a bid to recover an alleged debt of N16.5 billion, a consortium of four banks, through their Trustee, United Capital Trustees Limited and Receiver/Manager, Gbenga …

The company’s indebtedness to the lenders, they claimed stands as follows: Access Bank: N9, 278,404,445; Ecobank: N6, 257,203,229.21, FCMB: N441, 700,000; GTB: N618, 004,854.73 In a bid to recover an alleged debt of N16.5 billion, a consortium of four banks, through their Trustee, United Capital Trustees Limited and Receiver/Manager, Gbenga …

Sponsors of the rejuvenated Delta State Principals Cup for secondary schools, Zenith Bank Plc has commended the standard exhibited by the young ones in the keenly contested competition which comes to an end recently. Group Managing Director of Zenith, Peter Amangbo, said that the outfit was excited with the turn …

The Managing Director, Guaranty Trust Bank Plc (GTBank) , Mr Segun Agbaje has said lender’s ‘Bank 737’ electronic payment channel recorded a uptake of over 3 million customers and over N1 trillion in transactions in 2016. He noted that the bank’s electronic payment service has been recognised globally with several …

The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to …

The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the …