UBA Archives - Sahel Standard

Court restrains UBA from paying out Osun LG allocations

An Oyo State High Court on Friday, 26 September, 2025 restrained the United Bank for Africa (UBA) from paying out any money from accounts opened in the names of the 30 Local Governments in Osun State by the court-sacked All Progressives Congress Local Government Chairmen and councillors. The order has been served on the bank….

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UBA offers 3.15 billion new shares in N157bn rights issue

Tomi Lala3 months ago3 months ago02 mins

United Bank for Africa Plc has announced plans to raise over N157bn through a rights issue. In a notice to trading licence holders on Wednesday, the Nigerian Exchange Limited disclosed that UBA, through its stockbrokers, United Capital Securities Limited, has submitted an application for the approval and listing of a rights issue of 3,156,869,665 ordinary…