Video / Mon, 17 Oct 2016 08:13:35 GMT
The NSE All Share Index gained 9 basis points last week, bringing the year-to-date loss of the benchmark index to 2.73 per cent. Gains for Zenith Bank, Access and UBA saw the banking sector lead gainers chart by 1.9 per cent last week.
Video / Wed, 12 Oct 2016 10:58:22 GMT
Investors at Nigeria's stock market are bracing themselves for 3rd quarter bank earnings which have begun to trickle in. On Tuesday UBA reported a 25 billion naira net profit for the 3rd quarter of the year.
Video / Fri, 02 Sep 2016 11:00:17 GMT
CNBC caught up with Tony Elumelu, Chairman of Heirs Holdings and UBA and discussed the investment case for Nigeria and other African countries despite the economic slowdown.
Video / Mon, 27 Jun 2016 14:20:25 GMT
The Nigeria Stock Exchange All Share Index started on a negative note today amid profit-taking.
Video / Fri, 27 May 2016 10:44:45 GMT
MMI Holdings - the JSE listed financial services group - has acquired the remaining 50 per cent equity stake in United Metropolitan - formerly UBA Metropolitan, it did not already own.
Video / Tue, 19 Apr 2016 14:02:47 GMT
More first quarter earnings from the banking sector trickled in today, as UBA reported a 1.7 percent decline in its first quarter pre-tax profits.
Video / Tue, 15 Mar 2016 14:06:13 GMT
Nigeria's United Bank for Africa has announced a 21.9 per cent rise in full year profit before income tax to 68.5 billion naira.
Video / Mon, 01 Feb 2016 13:58:22 GMT
The bank stocks continue to top the volumes as UBA shares take the lead with over 60 million in volumes traded.
Video / Mon, 25 Jan 2016 14:12:09 GMT
At the just concluded World Economic Summit in Davos, Switzerland, CNBC Africa's Gugulethu Cele spoke to Phillips Oduoza, CEO of UBA to discuss the bank's outlook for 2016.
Video / Fri, 16 Oct 2015 11:02:17 GMT
Last minute demand tipped the NSE benchmark into positive territory on Thursday after two days of losses. The index gained 0.11 per cent, closing at 29,700.08. Meanwhile, 3rd quarter earnings have been trickling in.
Video / Fri, 04 Sep 2015 13:50:40 GMT
Yesterday, Nigeria's United Bank for Africa reported that half-year pre-tax profit rose 35 percent to 39 billion naira or $196 million, from 28.89 billion a year earlier.
Video / Tue, 05 May 2015 10:58:59 GMT
Nigeria's United Bank for Africa held a shareholders meeting Friday to consider the lender's full year results.
Video / Thu, 09 Apr 2015 11:32:48 GMT
Nigeria's FMDQ OTC welcomes UBA's 30.5 billion naira bond listing.
Video / Thu, 09 Apr 2015 08:20:35 GMT
Nigerian lender UBA says its simultaneous bond listing on the Nigerian Stock Exchange and trading platform, FMDQ will enable it to increase its lending capacity as well as expand its delivery channels.
Video / Mon, 16 Mar 2015 14:00:39 GMT
United Capital, formerly known as UBA Capital has reported a 9.8 per cent rise in full year pretax profits. The financial services company grew its total assets by 19.8 per cent.
Video / Wed, 04 Mar 2015 14:08:23 GMT
The naira is steady around 198 to the dollar today after oil major Shell sold an undisclosed amount of US dollars to banks.
Video / Fri, 20 Feb 2015 14:16:45 GMT
Nigeria's interbank market experienced a week of one-way trading with all dollar demand directed to the Central Bank.
Video / Wed, 18 Feb 2015 14:01:05 GMT
Nigeria's central bank intervened for the third straight session on Tuesday to defend the naira by selling dollars below its official band.
Video / Wed, 11 Feb 2015 14:06:21 GMT
Nigeria's debt management office offered the sum of 90 billion naira in bonds today with maturities in 5, 10 and 20 years.
Video / Wed, 28 Jan 2015 13:55:45 GMT
As Nigeria's naira remains under pressure, Central Bank Governor, Godwin Emefiele, says the apex bank can defending the nation's currency with foreign reserves currently at 34 billion dollars.
Video / Fri, 23 Jan 2015 13:50:03 GMT
Nigeria's stock exchange rebounded 0.23 percent at midday after losing in two consecutive trading sessions. Zenith and Guaranty Trust Bank and UBA led the gainers chart.
Video / Thu, 22 Jan 2015 15:39:35 GMT
Phillips Oduoza, CEO, UBA, tells CNBC Africa, that it may expand its operations to South Africa and Angola once the bank has completed its consolidation.
Video / Wed, 21 Jan 2015 14:03:14 GMT
The budget deficit of many state governments in Nigeria is expected to widen this year as revenues are trimmed by lower oil prices.
Video / Wed, 17 Dec 2014 10:51:02 GMT
In the face of falling oil prices this year, analysts say Nigeria has witnessed large capital outflows as foreign investors sold their bonds and stocks alike.
Video / Fri, 12 Dec 2014 13:59:42 GMT
Liquidity from a 150 billion naira treasury bill maturity streamed into the banking sector on Thursday leading to a six percent fall in overnight lending rate to 14 percent.