UBA Archives - Sahel Standard

Osun LG Crisis: NULGE Commends Workers, Urges UBA to Recognise Legitimate Council Signatories

‎ ‎‎‎The President of the Nigeria Union of Local Government Employees (NULGE), Osun State Chapter, Dr. Nathaniel Ogungbangbe, has commended Heads of Local Government Administration (HLAs), directors, deputy directors, State Administrative Council (SAC), State Executive Council (SEC) and local government workers across the state for their steadfastness and commitment since the commencement of the struggle…

Osun LG Funds: Criminal Trial Against UBA Officials Commences

Tomi Lala3 months ago3 months ago02 mins

Efforts by APC court-sacked chairmen to stop the trial of top officials of the United Bank for Africa failed today as the Magistrate’s Court has commenced criminal proceedings against the bank officials. The Yes/No chairmen had attempted to intimidate the Magistrate and the Judiciary by hosting a demonstration on behalf of the UBA despite clear…

LG funds: Osun traders’ close UBA accounts over concerns on safety of funds

Tomi Lala4 months ago4 months ago07 mins

Hundreds of traders in Osun state have requested for the closure of the accounts domiciled with the United Bank for Africa (UBA) as concerns grows over the safety of the funds with the financial institution. Traders from different parts of Osun could be seen in UBA branches demanding for the termination of their banking relationship…

Osun LGs: Court rules on jurisdiction, joinder applications Nov. 27

Tomi Lala9 months ago9 months ago04 mins

…dismisses UBA Plc’s sine die adjournment request …extends freezing order on accounts Justice Ladiran Akintola of the Oyo State High Court sitting in Ibadan has adjourned till November 27, 2025, for ruling on applications challenging the jurisdiction of the court as well as joinders filed by the All Progressives Congress (APC) and the Peoples Democratic…

Open Letter To Tony Elumelu And UBA

Tomi Lala9 months ago9 months ago08 mins

By Osun Leaders of Thought We write you as a group of bipartisan leaders from Osun state who firmly believe in the sanctity of democracy and rule of law. We are supporters of all elected leaders including Mr President, His Excellency, Senator Bola Ahmed Tinubu whose historical ancestral home is Osun state. We write to…

Court restrains UBA from paying out Osun LG allocations

Tomi Lala9 months ago9 months ago07 mins

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 Lala12 months ago12 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…