UBA
Race against time: Meet Nigerian banking giants scrambling to meet CBN recapitalisation target
Some tier-1 Nigerian banks are still struggling to meet the CBN's recapitalisation target, with seven months to the deadline, including First Bank, and others.
Nigerian bank to share N1m, N500k, 250K to customers, gives requirements to benefit
United Bank for Africa has launched a new campaign in an effort to reward customers with over N150 million in cash and prizes between September 2025 and May 2026.
Wema Bank joins Zenith, Access in CBN recapitalisation race, meets target ahead of deadline
Wema Bank Plc became the latest Nigerian bank to cross the Central Bank of Nigeria's (CBN) recapitalisation hurdle, as it has raised the required capital.
Over 60 million dormant or closed bank accounts as NIN deadline bites
Commercial banks and other financial institutions have shut close to 60 million bank accounts in the first quarter of 2025 following CBN's mandate affect NINs.
Nigerian stock market value rises by N67bn after another positive trading day
The Nigerian stock market recorded a positive performance, helping investors make over N67 billion after Wednesday’s trading session ahead of dividends payments.
Nigeria's powerhouses: 10 Nigerian banking stocks lead NGX surge amid recapitalisation
Amid the ongoing recapitalisation drive announced by the Central Bank of Nigeria, several Nigerian banking stocks have been on a bullish run, driving the NGX.
UBA’s AI chatbot LEO launches Africa’s first cross-border payment feature
United Bank for Africa's (UBA) chatbot, LEO, has become the first AI-powered chatbot to process cross-border payments using local currencies under PAPSS.
UBA seeks approval for N157 billion rights issue as CBN recapitalisation deadline looms
UBA is inviting shareholders to take up more shares, as it issues 3.15 billion new shares to raise the money needed to meet CBN capital requirements.
Nigeria stocks fire on all cylinders, investors make over n1.4trn in one day
Nigeria's stock market has extended its winning streak with three consecutive days of gains, as investors exchanged 11.67 billion shares valued at N363.41 billion.
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