UBA is one of the leading and most recognised banks to originate from sub-Saharan Africa. UBA has growing operations in 20 African countries, the UK, USA, UAE and in France.
Four Nigerian banks processed $208 billion in mobile transactions in 2025
OPay and PalmPay have gained popularity due to their reliability and speed amidst bank app failures. The cash crunch from the failed naira redesign policy of 2022 accelerated the adoption of fintech apps in Nigeria.
UBA to raise fresh capital through sale of 10.8 billion ordinary shares
UBA plans to raise fresh capital by selling 10.8 billion new ordinary shares. The bank will prioritize existing investors in the planned share sale.
