Tag: UBA

Nigerian billionaire Tony Elumelu
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Nigerian billionaire Tony Elumelu retires as UBA chairman, capping a 21-year run that built a $24.5 billion banking giant

Tony Elumelu retires as UBA Chairman after a 21-year tenure, building a banking giant with $24.5 billion in assets. Emmanuel Nnorom takes over.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire businessman and philanthropist Tony Elumelu.
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Nigerian billionaire Tony Elumelu hosts Mastercard CEO as UBA deepens global banking push

Tony Elumelu hosts Mastercard CEO as UBA advances AI-driven cross-border banking and global expansion strategy.

Omokolade Ajayi Omokolade Ajayi
UBA House Marina in Lagos, the headquarters of United Bank for Africa.
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UBA plans 2026 dividend return as loan recovery efforts gain pace

UBA targets 2026 dividend return as loan recoveries improve after a N331 billion ($241.3 million) provision hit 2025 profit.

Omokolade Ajayi Omokolade Ajayi
One of UBA's branches, representing the bank’s retail banking network across its pan-African operations.
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UBA posts $591 million gross earnings in Q1 2026 as recovery gains pace

UBA reports $591 million gross earnings in Q1 2026. FX recovery, lower impairments, and rising deposits strengthen its financial position.

Omokolade Ajayi Omokolade Ajayi
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UBA, NiDCOM deepen collaboration to boost diaspora investment in Nigeria

UBA and NiDCOM strengthen ties to channel diaspora investment, offering Africans abroad seamless access to Nigeria’s growth opportunities.

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Tony Elumelu honours Chief Ogbue’s legacy in Africa’s transformative banking era

Nigerian billionaire Tony Elumelu honors Chief Ogbue, reflecting on his leadership and legacy in shaping Africa’s transformative banking era.

Omokolade Ajayi Omokolade Ajayi