United Bank for Africa (UBA) Plc has announced that Tony O. Elumelu will retire as Group Chairman on August 21, 2026, after completing the 12-year tenure limit for non-executive directors set by the Central Bank of Nigeria (CBN).

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

NCC Directs Banks to Deduct USSD Fees Through Airtime The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime. According to an email from the United Bank for Africa to customers on...

UBA, Access Bank Named Nigeria’s strongest Brands in 2025 - Report  United Bank for Africa (UBA) and Access Bank have been recognised among Nigeria’s strongest brands in 2025, according to Brand Finance’s ‘Nigeria 25 2025’ report. The latest rankings highlight significant shifts in brand valuation, with...

Tech Upgrade Gulps N460bn in Seven Banks in 2024 Seven top Nigerian banks have recorded a combined spending of N460billion on the information technology upgrade in 2024, Daily Trust reports. An analysis of the financial statements of Access Holdings Plc, Guaranty Trust Holding Company (GTCO) Plc,...

Stocks: Financial Sector Gains N9.49tn Market Value The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc, Zenith Bank Plc, and Access Holdings Plc. Guaranty Trust Holding Company...