African govts should ratify free trade agreement, says Obasanjo

by Nigerian Oracle - December 11, 20180

Nigeria’s former President, Chief Olusegun Obasanjo, has challenged African leaders, to give priority attention to the signing of the African Continental Free Trade Agreement (ACFTA), saying the deal has in its kitty investments worth $27billion for the continent. Obasanjo, who spoke on Tuesday in Cairo, Egypt at the opening of the Intra-African Conference prior toRead More …

‘Pay your taxes or we shut down your operations’ — 10 banks receive warning in Kaduna

by Nigerian Oracle - July 4, 20180

The Kaduna state Internal Revenue Service says it will close the branches of 10 commercial banks who are owing taxes if they do not pay in one week. Francis Kozah, The post ‘Pay your taxes or we shut down your operations’ — 10 banks receive warning in Kaduna appeared first on

You can now spend $15,000 monthly on your UBA naira cards

by Nigerian Oracle - May 24, 20180

United Bank for Africa says its customers can now spend up to $15,000 monthly on their naira debit and prepaid naira cards. Before now, banks in the country — including The post You can now spend $15,000 monthly on your UBA naira cards appeared first on TheCable.

Interest income, retail deposit push UBA’s profit by 18% in Q1

by Nigerian Oracle - April 25, 20180

United Bank for Africa recorded an 18 percent year-on-year profit in the first quarter of 2018 after recording growth in interest income and retail deposit. According to the bank’s recently The post Interest income, retail deposit push UBA’s profit by 18% in Q1 appeared first on TheCable.

UBA shareholders approve 2017 final dividend of N22.23bn

by Nigerian Oracle - April 23, 20180

United Bank for Africa ( UBA ), on Monday endorsed the payment of N22.23 billion final dividend declared by the board for the financial year ended Dec. 31, 2017. The shareholders gave the approval at the bank’s 56th Annual General Meeting held in Lagos. The final dividend translated to 65k per share when compared withRead More
The post UBA shareholders approve 2017 final dividend of N22.23bn appeared first on The Nation Nigeria. …

UBA, China Development Bank to finance African SMEs with $100m

by Nigerian Oracle - February 28, 20180

United Bank for Africa (UBA) Plc and China Development Bank (CDB) have signed a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in The post UBA, China Development Bank to finance African SMEs with $100m appeared first on TheCable.