Monthly Archives: January 2020

MTN Pledges $1.6 Billion in Nigeria After Meeting Buhari

MTN Group Ltd. pledged to invest $1.6 billion to expand its operations in Nigeria after settling the latest major dispute with authorities in its most profitable market.
Africa’s largest wireless carrier announced the investment after a meeting between senior executives including Chief Executive Officer Rob Shuter and Nigerian President Muhammadu Buhari on Wednesday.

Africa needs massive investment to drive economic growth – Elumelu

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.

UBA Connect Set to Deepen Intra-African Trade…Customers … Can Now Make Cash Withdrawals In Local Currencies

Pan African financial institution, United Bank for Africa (UBA) Plc, has announced the official launch of a flagship product UBA Connect, a service that enables the customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates.

NOVA Merchant Bank Appointed by the Nigeria Customs Service as a Duty Collecting Bank

In fulfilment of its commitment to constantly find new ways to serve its customers better, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service.

Tony Elumelu Donates Technology Centre to AAU

Chairman of UBA Group, Tony O. Elumelu, has made the donation of a multipurpose information technology centre to his alma mater, Ambrose Ali University.

UBA Supports Creative Industry with REDTV’s New Series Assistant Madams

REDTV, the foremost lifestyle platform powered by the United Bank for Africa, has just launched its new and very much anticipated series, Assistant Madams. Creators of the hit series, The Men’s Club, REDTV has been engaging and providing opportunities for talented youths in the creative industry in Africa, since its inception.

UBA recruits 4000 new staff, promotes over 5,000, increases salaries up to 170%

Over 5,000 staff of the United Bank for Africa (UBA) Plc, started the new year with a lot of cheer as the bank yesterday announced its promotion to new grades as well as salary upgrades with immediate effect this January.