United Bank for Africa
Tracked across 15 events · 127 articles · First seen Dec 08, 2025 · Last active May 28, 2026
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Business
Impact: United Bank for Africa successfully completed a rights issue, raising N158 billion and increasing its capital base to N513 billion, exceeding the Nigeria — Central Bank of Nigeria's minimum requirement for international authorization.
Jan 14, 2026 · 7 articles
Business
United Bank for Africa has publicly refuted false and malicious social media reports alleging that its Group Chairman, Tony Elumelu, has divorced his wife. The bank described these claims as entirely fabricated and designed to…
Impact: United Bank for Africa is the primary entity affected by the defamatory claims against its chairman, Tony Elumelu, and is actively pursuing legal action to protect its brand and leadership's reputation.
May 03, 2026 · 26 articles
Domestic
Human rights activist Omoyele Sowore has criticized the Nigeria — Nigeria Police Force for arresting three individuals—Kingsley Akunemeihe, Chigozie Success Ihebom, and John Suruochi Nwanorue—over alleged defamatory reports concerning the marital status of Tony Elumelu,…
Impact: United Bank for Africa dismissed the viral claims about Tony Elumelu's divorce as false and defamatory, reported the matter to law enforcement, and warned against further dissemination of the content.
May 04, 2026 · 7 articles
International
The Africa Forward Summit 2026, held in Kenya — Nairobi, Kenya, focused on 'Africa-France Partnerships for Innovation and Growth.' The summit brought together heads of state, policymakers, investors, and business leaders from Africa and Europe…
Impact: United Bank for Africa reaffirmed its commitment to advancing Africa's economic transformation through entrepreneurship, innovation, trade facilitation, and strategic global partnerships at the Africa Forward Summit 2026. It aims to reinforce its position as Africa's Global Bank and a leading financial institution facilitating trade, investment, and economic integration.
May 12, 2026 · 7 articles
Business
Impact: Tony Elumelu previously led the merger that transformed Standard Trust Bank into the global financial powerhouse, United Bank for Africa.
Jan 13, 2026 · 13 articles
Domestic
The Federal High Court, Abuja, rejected an application by Sirajo Muhammad Jaja, the Accountant General of Nigeria — Bauchi State, to travel to Saudi Arabia for Hajj and a medical check-up. Sirajo Muhammad Jaja is…
Impact: United Bank for Africa is where the Nigeria — Bauchi State Sub-Treasury account was domiciled, from which funds were allegedly transferred to Jasfad Resources Enterprises.
May 12, 2026 · 7 articles
Business
FirstHoldCo, the parent company of FirstBank of Nigeria, is seeking to raise N253.099 billion in fresh capital to achieve a N1 trillion paid-up capital base. This strategic move, championed by Chairman Femi Otedola, aims to…
Impact: United Bank for Africa is mentioned as a peer in the 'FUGAZ' cohort, against which FirstHoldCo's capital efficiency and profitability are benchmarked.
May 08, 2026 · 6 articles
Business
FCMB Group Plc has appointed Adepeju Adebajo as an Independent Non-Executive Director to its Board, with formal approval from the Nigeria — Central Bank of Nigeria. This appointment is aimed at strengthening FCMB Group's corporate…
Impact: Adepeju Adebajo previously served as Assistant General Manager at United Bank for Africa, further highlighting her financial sector experience.
May 07, 2026 · 6 articles
International
President Bola Tinubu of Nigeria led a delegation to the Africa Forward Summit in Nairobi, Kenya, co-hosted by Presidents Emmanuel Macron of France and William Ruto of Kenya. At the summit, Tinubu advocated for stronger…
Impact: The Chairman of the UBA Group, Tony Elumelu, attended the summit, representing a significant Nigerian financial institution.
May 12, 2026 · 7 articles
Regulatory
The Nigeria — Federal High Court of Nigeria in Abuja, presided over by Justice James Omotosho, ordered the final forfeiture of multi-billion naira assets and investments belonging to Chukwunyere Nwabuoku, the convicted former acting Accountant-General…
Impact: United Bank for Africa (UBA) is one of the companies in which Chukwunyere Nwabuoku held forfeited stocks.
May 13, 2026 · 10 articles
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United Bank for Africa dismissed claimsUBA Debunks Elumelu Divorce Claims
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United Bank for Africa notified law enforcement Nigeria — Nigeria Police ForceTony Elumelu Defamation Arrests
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United Bank for Africa reaffirmed commitment AfricaAfrica Forward Summit 2026
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United Bank for Africa referred matterUBA Debunks Elumelu Divorce Claims
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United Bank for Africa dismissed claimsTony Elumelu Defamation Arrests
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United Bank for Africa issued cease-and-desistUBA Debunks Elumelu Divorce Claims
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United Bank for Africa vowed legal actionUBA Debunks Elumelu Divorce Claims
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United Bank for Africa issued cease-and-desistTony Elumelu Defamation Arrests
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