UBA Archives - Outlook Nigeria

admin / 14 hours

4 min read

United Bank for Africa (UBA) has announced that its Group Chairman, Tony Elumelu, will conclude his 12-year tenure on 21 August 2026, with Emmanuel N. Nnorom appointed as his successor. The announcement was made in a statement issued by the bank on Monday, in which UBA paid tribute to Elumelu’s leadership, describing his tenure as […]

Elumelu Cuts Short US Trip, Mourns Colleagues Killed in Afriland Towers Fire

admin / 10 months
0
1 min read

The Chairman of United Bank for Africa Plc (UBA), Tony Elumelu, has expressed deep grief over the deaths of colleagues in Tuesday’s fire at Afriland Towers, Victoria Island, Lagos, and has cut short his trip to the United States. In a statement personally signed on Wednesday, Elumelu confirmed that a minute’s silence was observed at […]

Broad Street Fire Sparks Panic, UBA Confirms No Casualties

admin / 10 months

3 min read

Panic erupted on Broad Street, Lagos Island, on Tuesday after smoke from a basement fire forced the evacuation of Afrilan Towers, a six-storey office building housing, among others, a branch of the United Bank for Africa (UBA). The Lagos State Fire and Rescue Service said the incident began in the inverter room of Afriland Tower’s […]

UBA Defies Headwinds, Posts Stellar N204bn Profit in First Quarter

admin / 1 year

2 min read

United Bank for Africa (UBA) Plc has announced robust financial results for the first quarter (Q1) ended March 31, 2025, maintaining the momentum recorded in 2024 with double-digit growth across all key performance indicators. According to its unaudited results released on the Nigerian Exchange Limited (NGX), the bank reported a Profit Before Tax (PBT) of […]

UBA Records N804bn Profit in 2024, Declares N3 Final Dividend

admin / 1 year

2 min read

United Bank for Africa (UBA) Plc has announced impressive financial results for the year ending 31 December 2024, with substantial improvements across key performance indicators. According to its audited financial statements filed with the Nigerian Exchange Limited (NGX), the bank recorded a 26.14% increase in profit after tax, rising from N607.7 billion in 2023 to […]

UBA Donates N500m to Boost Lagos State Security Efforts

admin / 2 years

1 min read

The United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated N500 million to the Lagos State Security Trust Fund (LSSTF). The cheque was presented to Governor Babajide Sanwo-Olu by UBA Group Chairman Tony Elumelu at the State House, Marina, Lagos. Elumelu reiterated the bank’s commitment to supporting security initiatives, […]

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