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UBA Restates Commitment To $6Bn AfCTA’s Funding Pact Implementation

United Bank for Africa (UBA) Plc, one of Nigeria’s leading deposit money banks (DMBs)  has restated its commitment to deepening intra-Africa trade to for regional self-reliance and economic development through its financing for up to US$6bn over the next three years to eligible businesses across the continent. The bank’s Deputy Managing Director, Muyiwa Akinyemi, made this […]

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BPE Announces Interim Mgt Team For Abuja DisCo

The Bureau of Public Enterprises (BPE) has announced members of the interim management team for the crisis-ridden Abuja Electricity Distribution Company (AEDC) Plc. The members of the interim management team are, Interim Managing Director, Bada Akinwumi;  Interim Chief Business Officer, Sani Usman; Interim Chief Finance Officer, Babajide Ibironke;  Interim Chief Marketing Officer, Donald Etim; and […]

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France To Invest $70Mn In Nigeria’s Renewable Energy Projects

The French Government has hinted of its plan to invest $70 million into Nigeria’s renewable energy projects. A member of the Project and Structured Finance, Sub Sahara Africa, Access Bank, Mr Chukwudumije Igwe, made this disclosure at the Sustainable Use of Natural Resources and Energy Finance (SUNREF) Nigeria programme investor conference in Lagos. has agreed […]

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IATA, UBA Introduce Payment System For Airlines, Agencies

The International Air Transport Association (IATA) and the United Bank for Africa (UBA) Plc have announced their collaboration on a new financial settlement system for airlines and travel agencies. The new system, the New Generation of IATA Settlement Systems, is an improvement on the current billing settlement plan and a programme to deliver faster, safer […]

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UBA Emerges Africa’s Best In Digital Banking

The United Bank of Africa (UBA) has been rated by Euromoney as the best bank in Africa’s digital banking space in recognition of the bank’s innovative products and services targeted towards meeting customer needs. The Euromoney awards ceremony which was held on Wednesday covered more than 20 global product categories, best-in-class awards and the best […]