Everyday Heroes: Tony Elumelu and The Tony Elumelu Foundation
Tony Elumelu is a Nigerian economist, entrepreneur, and philanthropist. He is the chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation. Elumelu holds the Nigerian national honours, the Commander of the Order of the Niger (CON) and Member of the Order of the Federal Republic (MFR) in […]
European Investment Bank and UBA Partner to Provide €60 Million Facility to Private Enterprises
The European Investment Bank will be working in conjunction with the United Bank for Africa to provide about €60 million worth of financial facilities to small and medium enterprises in Nigeria. This agreement comes under the EIB’s Nigeria Private Enterprise Investment Facility, an initiative of the European public finance institution to support the growth of […]
UBA Group Appoints Tony O. Elumelu as Chairman
The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi. Mr Elumelu is Chairman/CEO of Heirs Holdings (http://www.heirsholdings.com), the pan-African proprietary investment company, which he founded in 2010 and which holds stakes in a number of leading African businesses, including […]
UBA Introduces Twitter Transaction Notification Service
United Bank for Africa, UBA Plc, has introduced Twitter-based transaction alerts for customers on a new level. The bank announced that customers now have the option of receiving transaction alerts in their Twitter direct message inbox. The new UBA Twitter Notification Service will not however replace the current SMS alerts system put in […]
UBA Organises Social Media Summit for Journalists
A one-day summit on how journalists can use and maximise social media networking in news reporting will hold in Lagos tomorrow, February 20th. The event tagged ‘Functional Social Networking for Nigerian Journalists’ is organised by Everything Journalism and the United Bank for Africa, and will hold at the amphitheatre, UBA House, Marina, Lagos. “We have […]
US Banking Firm, JP Morgan, Recommends UBA Shares to Investors
According to a report by the United States-based banking giant, JP Morgan, investors in one of Nigeria’s financial institution, United Bank for Africa Plc (UBA), can make a possible return of 45 percent over the next 12 months. The reports which cover business and economy in CEEMEA region (Central and Eastern Europe, Middle East […]
UBA Foundation Donates Incubators to Teaching Hospitals
To give as many premature babies as possible a chance of living, the UBA Foundation recently donated incubators to the University of Nigeria Teaching Hospital (UNTH), Enugu and Aminu Kano Teaching Hospital (AKTH), Kano, adding to its list of similar donations in the healthcare sector across the country. Ijeoma Aso, Managing Director and CEO […]
UBA to Deploy 450 ATMs Across Nigeria
The United Bank for Africa Plc (UBA), has signed an agreement with Computer Warehouse Group Plc (CWG) for the deployment of 450 units of the CINEO series of Wincor Nixdorf brand of Automated Teller Machines (ATMs) in Nigeria. Mr. Eckard Heidloff, chief executive officer of Wincor Nixdorf, visited Nigeria recently, where the plan leading to […]
UBA Introduces Instant Selectable PIN for Debit Cards
United Bank for Africa Plc. (UBA Group), has announced the introduction of ‘In Card PIN management’ that lets Customers of the Bank immediately select their Personal Identification Number – PIN – for their Debit Cards, eliminating the process of handing out PINs in sealed mailers. The development, according to UBA Group, allows customers of the […]
UBA Appoints New Executives, Announces Project Alpha
United Bank for Africa Plc (UBA), has appointed new executives and announced the launch of Project Alpha – which the bank says is the new focus of its strategic transformation. According to the Bank, “Project Alpha is a 3 year route map of key transformation initiatives, designed to consolidate the Group’s strategic positioning and fully […]
MasterCard and UBA Unveil First Ever Personalized Debit Card in Nigeria
MasterCard and United Bank for Africa (UBA) have unveiled the first ever personalized debit card in Nigeria, dubbed the UBA “All About U” Card. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to […]