Video / Thu, 09 Feb 2017 11:33:57 GMT
According to a recent report by the Guardian Newspaper, Partnership Securities Limited and its three sister companies defrauded their clients, including Arnold Ekpe, former CEO of UBA and ETI, of 10 billion naira.
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, 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, 10 Dec 2014 14:11:04 GMT
The fixed income securities has been bearish since last week as banks try to raise liquidity after the CRR debits in the month of November.
Video / Fri, 19 Sep 2014 16:10:07 GMT
As Nigeria's Monetary Policy Committee leaves all key indices unchanged Bankole Odusanya Team Lead Liquidity Management at UBA joins CNBC Africa, to review the impact of this decision on the Fixed Income and FX markets.
Video / Fri, 08 Aug 2014 14:29:40 GMT
Nigeria's Central Bank seeks to strengthen the capital of banks and discount houses to enhance confidence in the country's financial institutions.
Video / Wed, 30 Apr 2014 14:18:16 GMT
The emergence of Nigeria as the largest economy in Africa highlights not only the potential of the economy but the financing needs of key sectors such as agriculture, housing as well as infrastructure.
Video / Fri, 14 Mar 2014 14:20:04 GMT
A series of withdrawals from the banking sector today led to a major sell off in the fixed income market, driving up money market rates and bond yields. Meanwhile, the naira traded at N164.90/US.
Video / Thu, 13 Mar 2014 12:37:00 GMT
Blue chip stocks are leading Nigeria's equities market down in mid-day trade. The local bourse shed some of the gains logged earlier this week as investors took profit.
Video / Wed, 12 Mar 2014 14:07:13 GMT
Nigeria's debt management office holds its 3rd federal government auction for the year this week. Joining CNBC Africa to review the auction and the broader fixed income market is Emmanuel Odiaka, Fixed Income Trader at UBA.
Video / Fri, 24 Jan 2014 13:14:02 GMT
Phillip Oduoza, group managing director of the United Bank of Africa Group, discusses the expansion of the UBA group to other parts of Africa as well as new product offerings that are available.
Video / Fri, 24 Jan 2014 09:24:54 GMT
Nigeria will host the 24th edition of the World Economic Forum (WEF) on Africa in May. Tanzania and Ethiopia, respective hosts in 2010 and 2010 showcased that Africa's growth story goes beyond natural resources.
Video / Thu, 23 Jan 2014 11:25:14 GMT
Banks and consumer goods stocks are extending losses from the previous session on lingering bearish sentiments at the market. The benchmark index has also moved further south hovering around 41,457 points.
Video / Wed, 22 Jan 2014 16:16:14 GMT
The Naira opened at 159.50/60 to the US dollar at the start of the year, devaluing and getting to a high of N160.30/40 last week due to the demand pressure caused by the shortage of oil companies flows that period.
Video / Fri, 18 Oct 2013 16:19:00 GMT
The Nigerian fixed income market has sustained its attractiveness to foreign portfolio investors despite a number of headwinds that rattled the market this year.
Video / Wed, 17 Jul 2013 16:11:38 GMT
Nigerian inflation figures for the month of June slowed to 8.4 percent from 9 percent in the previous month in line with CBN's target.