UBA
Nigerian bank moves to take over supermarket Over N871.5m debt after taking over Stallion Group
United Bank for Africa (UBA) Kenya has secured permission to sell the land belonging to a prominent supermarket as plans to recover N871 billion debt.
Access Bank, Zenith, others pay N311bn in income tax to FG in 9 months as CBN delays MPC meeting
Commercial banks led by Zenith in Nigeria have remitted about N311 billion in income taxes to the Nigerian government in the first nine months of this year.
Tony Elumelu, wife buy more UBA shares for over N480 million in 2 transactions
The United Bank of Africa has received additional investments from Nigerian billionaire and chairman of the bank Tony Elumelu and his wife Vivian Awele.
Nigerian banks advert expenses increase as OPay, PalmPay, Kuda, others give strong competition
Nigerian banks have decided to pour in more money into advertising amid competition from OPay, PalmPay, Kuda, and other financial technology companies.
Banks deposits hit N2.41tn as CBN 'removes' savings account limit on Access Bank, GTB, Zenith, others
Commercial banks and merchant banks (discount houses) deposit with the The Central Bank of Nigeria (CBN) has increased remarkable in the last few months.
UBA takes over Dubai-based Stallion Group’s assets over N156 billion debt, lists Kuda, Opay, others
The United Bank for Africa has taken over the assets of a Dubai-based Stallion Group over an N156 billion judgment debt by a Federal High Court in Lagos.
After taking over Dubai-based assets, UBA to distribute $6bn loan to mechanics, farmers, other
The United Bank for Africa Plc plans to assist Small and Medium Scale Enterprises with the $6bn facility from the Africa Continental Free Trade Area Secretariat.
Bank workers in Access, Zenith, UBA, others to shut down thousands of branches over NLC strike
The Association of Senior Senior Staff of Banks, Insurance, and Financial Institutions (ASSIBIF) has ordered its members to stay away from work over labour strike
Forex gains drives UBA, Zenith, Access, others to increase 9-month profit by 156% to N2.29 trillion
A total of ten Nigerian banks realized 154% increase in profit to N2.29 billion for nine months period of the year 2023, ranging from January to September.
UBA
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