Posts Tagged ‘UBA’

UBA Donates N500m To Help Fight #COVID19 In The FCT

The United Bank for Africa (UBA) has donated 500 million naira to help fight the dreaded coronavirus in the FCT. According to the Federal Capital Territory Authority (FCTA) in a tweet, on Saturday, the FCT Minister, Muhammad Musa Bello, while receiving the donation said it was the first hefty sum received by the FCTA since […]

UBA Asks Court to Wind up Sahara Energy over N15bn Loan

United Bank for Africa Plc (UBA) has filed a winding up petition before a Federal High Court in Lagos against a petroleum resources company, Sahara Energy Resources Limited, over an alleged inability of the firm to pay a debit of $42,282,430.49 (equivalent to N15,221,674,976). In its reply, however, the management of Sahara Energy yesterday said […]

BREAKING UBA VI Reportedly on Fire

There are reports the Cynic Victoria Island building of the United Bank of Africa (UBA) is on Fire, There is reported mass panic around the vicinity and as at the time of filling this report, Fire Fighters are working to contain the raging inferno.. More details soon

BUSINESS TAX| Ekiti Government Seals Premises of Erring Firms

The Ekiti State Government has sealed off the business premises of  banks and telecommunications service providers over their refusal to payment the Business Premises Tax. The Commissioner for Commerce, Industries and Cooperatives, Mr. Michael Ayodele, said the affected business outfits owed the state government money running into millions of naira, saying some of the affected firms had not […]

UBA Fined $15 Million As Buhari’s Axe Falls Again

NIGERIA is continuing to show signs that it is being led by a President Muhammadu Buhari who was elected to power on the reputation of a disciplinarian and no-nonsense leader. In the latest revelation, United Bank for Africa Plc, the lender operating in 19 countries on the continent, was penalised by the Central Bank of […]