UBA is one of the leading and most recognised banks to originate from sub-Saharan Africa. UBA has growing operations in 20 African countries, the UK, USA, UAE and in France.
UBA eyes small business market with massive pos terminal launch
UBA launched 46,000 smart PoS terminals across Nigeria under the RedPay brand. The launch aims to reclaim market share from fintechs like Moniepoint, OPay, and PalmPay.
BREAKING: UBA posts 33% rise in Q1 2025 profit as interest income surges
UBA reported a 33% increase in first-quarter profit, reaching ₦189 billion. Interest income surged 36% to ₦599 billion compared to ₦440 billion last year.
UBA to raise fresh capital through sale of 10.8 billion ordinary shares
UBA plans to raise fresh capital by selling 10.8 billion new ordinary shares. The bank will prioritize existing investors in the planned share sale.
