Banking Stocks Surge to N7.91 Trillion as Recapitalization Efforts Progress
The Nigerian banking sector has seen a significant boost in market capitalization, reaching N7.91 trillion at the end of trading ...
Tag: UBA
UBA Announces Record N2 Per Share Interim Dividend, Shares Surge 9.99%
United Bank for Africa (UBA) made headlines on Monday by announcing a record-breaking N2 per share interim dividend for its ...
Nigerian Banks See Surge of 136 Trillion in Customer Deposits in Q1 2024
The Nigerian banking sector has experienced a significant boost in customer deposits, reflecting renewed confidence in the industry during the ...
UBA Tops List of Most Visited Banking Websites in Nigeria
United Bank for Africa (UBA) has emerged as the most visited banking website in Nigeria, according to recent data from ...
Nigerian Banks Reap Significant FX Gains Amidst Naira Devaluation
Nigeria’s leading commercial banks have reported substantial foreign exchange (FX) revaluation gains, amassing a combined total of N3.37 trillion in ...
Nigerian Tier-1 Banks Earn N392 Billion from E-Business in 2023
In 2023, Nigeria's leading banks collectively generated N392 billion from electronic business, driven by a shift towards cashless transactions encouraged ...
CBN and SEC Impose Fines on Banks Totaling N678 Million
Nine financial institutions in Nigeria paid fines totaling N678 million in 2023 for regulatory violations, a significant decrease from the ...
FBNH, UBA, GTCO, Access Bank Drop Out of Trillion Naira Market Cap Club
Nigerian banks faced a challenging April, marked by losses across major banking stocks, coinciding with the first month-to-date decline in ...
Afreximbank and UBA Disburse $2.25bn of $3.3bn Oil-for-Cash Loan to NNPC
In a collaborative effort, the African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25 ...
CBN Suspends Access Bank, Zenith, UBA, and Others From Issuing New Loans.
The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge ...
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