United Bank for Africa

 Nigeria's banking sector leads gainers chart

Video / Mon, 17 Oct 2016 08:13:35 GMT

Nigeria's banking sector leads gainers chart

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.

 Nigeria's bank stocks gear up for Q3 earnings

Video / Wed, 12 Oct 2016 10:58:22 GMT

Nigeria's bank stocks gear up for Q3 earnings

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.

 Nigeria's market in choppy trading session this week

Video / Fri, 16 Oct 2015 11:02:17 GMT

Nigeria's market in choppy trading session this week

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.

 UBA H1 pre-tax profit up 35%

Video / Fri, 04 Sep 2015 13:50:40 GMT

UBA H1 pre-tax profit up 35%

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.

 UBA holds shareholders meeting

Video / Tue, 05 May 2015 10:58:59 GMT

UBA holds shareholders meeting

Nigeria's United Bank for Africa held a shareholders meeting Friday to consider the lender's full year results.

 UBA lists bond on the NSE

Video / Thu, 09 Apr 2015 08:20:35 GMT

UBA lists bond on the NSE

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.

 United Capital post a rise in FY pre-tax profit

Video / Mon, 16 Mar 2015 14:00:39 GMT

United Capital post a rise in FY pre-tax profit

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.

 Tactics to manage naira's instability

Video / Wed, 28 Jan 2015 13:55:45 GMT

Tactics to manage naira's instability

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.

 UBA to expand operations to S.Africa

Video / Thu, 22 Jan 2015 15:39:35 GMT

UBA to expand operations to S.Africa

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.

 Reviewing the Nigerian fixed income markets

Video / Fri, 12 Dec 2014 13:59:42 GMT

Reviewing the Nigerian fixed income markets

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.