United Bank for Africa

U.S Agency for International Development (USAID), through the Prosper Africa initiative, is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.

Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market continued to mitigate share prices of most large and mid-cap stocks.

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as investors’ sentiment remained weak.

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.

The Chairman, United Bank for Africa (UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu, has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent.

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.

The market capitalisation of the Nigerian Stock Exchange on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020.

African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as against his previous ranking of 103rd in the world.

The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.

The Nigerian Stock Exchange (NSE) crucial market indices opened trading yesterday with a 0.60 per cent appreciation following rising interest in banks securities. Specifically, the market capitalisation which opened at N12.807 trillion early in the day, rose by N77 billion or 0.60 per cent to close at N12.884 trillion.

The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week on Monday with a growth of 0.60 per cent following enhanced bank in interest.

An EFCC operative, Mohammed Goji, on Monday, revealed how Faisal Maina, son of Abdulrasheed Maina, former Pension Reform Task Team boss, withdrew N58 million from a United Bank for Africa (UBA) account.

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, sentenced one Jules Suinner to 10 years imprisonment for N37m fraud.

The scheduled N1.23bn fraud trial of a former Chairman of the Independent National Electoral Commission, Prof Maurice Iwu, was stalled on Monday as the trial judge, Justice Nicholas Oweibo, did not sit.

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.