UBA – NEWSWATCHNIGERIA

April 4, 2021 No Responses

Nigeria: Banks vs MTN Over USSD Saga Resolved, Customers Reconnected

Newswatch Nigeria can report that Banks have now reconnected MTN Nigeria customers ealier denied access to Unstructured Supplementary Service Data (USSD) for mobile banking services. In a letter seen, Karl Toriola Managing Director and Chief Executive Officer of MTN Nigeria,...

March 27, 2018 No Responses

UBA Gets Approval for Wholesale Operations in London

United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval was granted to the lender by the Prudential Regulation Authority (PR...

March 16, 2018 No Responses

Verve Partners UBA on Farmers Subsidy Support Program

Verve International has signed a partnership agreement with United Bank for Africa (UBA) to deliver cost effective prepaid cards to farmers under the Zambian Ministry of Agriculture’s FISP program. As part of the partnership deal, UBA will issue Verve Prepa...

October 9, 2017 No Responses

Interswitch Simplifies Customers Loan Facility from Commercial Banks

L-R, Akeem Lawal, DCEO, Switching and Processing, Interswitch, Cherry Eromosele, CMO, Interswitch and Chuks Mokogwu, Customer Service Director, UBA Digital payments and Commerce Company, Interswitch has pioneered a multi-channel low-level lending without co...

August 24, 2017 No Responses

UBA Bans Use of ATM Cards to Buy Jewelleries

The United Bank for Africa has placed a restriction on the use of its debit and prepaid Automated Teller Machine (ATM) cards. The commercial Bank on Thursday said its customers can no longer use their cards to purchase some items....

July 21, 2017 No Responses

Skye Bank Admits Hiding $793.2M TSA Funds… UBA, Sterling, Fidelity Deny

IN RESPONSE TO THE COURT DIRECTIVE TO REMIT $793.2 MILLION ALLEGEDLY HIDDEN IN SEVEN COMMERCIAL BANKS, UBA, FIDELITY BANK AND STERLING BANK HAVE DENIED HAVING ANY MONEY IN THEIR POSSESSION. Although Skye bank admitted holding money, it denied hiding it...