Search results
Results From The WOW.Com Content Network
United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [3] In December 2021, UBA received its banking license to commence operations in the UAE. [4]
In 2003, the Federal Government of Nigeria granted Elumelu the title of Member of the Order of the Federal Republic MFR, a national honour. [26] In 2012, he was awarded the National Honour of Commander of the Order of the Niger CON for his service in promoting private enterprise. [27] He was awarded the Daily Times, Nigerian man of the year in ...
The bank serves the banking needs of large corporations, small and medium sized enterprises, individuals and government departments.The bank is a 100 percent subsidiary of United Bank for Africa, a Nigerian-headquartered financial services conglomerate, with banking subsidiaries in 20 sub-Saharan countries, whose total assets were valued at US$14.6 billion, as of 31 December 2019.
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959. [2]
One of the first direct banks in the United States was the Security First Network Bank (SFNB), launched in October 1995, and was the first direct bank to be insured by the Federal Deposit Insurance Corporation. [1] While SFNB did not make much profit in its initial years, it demonstrated that the concept of direct banking could work.
UBA Bank Uganda is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria and with a presence in twenty African countries, the United Kingdom, France, and the United States. [10] The table below illustrates the shareholding in the stock of UBA Bank Uganda, as of December 2023. [2]
Uba Michael (born 1 July 1991) is a Nigerian businessman known for his entrepreneurial ventures and advocacy for good governance. He is the Founder and Chairman of UBACLE GROUP, a notable company in Nigeria .
This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks