UBA: Africa’s global bank shops for N157bn from existing shareholders

    Iheanyi Nwachukwu | Editor’s picks | Aug 26, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
2571
times

United Bank for Africa Plc is currently in the market seeking to raise about N157billion from its existing shareholders. The acceptance list of UBA rights issue of 3,156,869,665 ordinary shares at N50 per share opened on July 30 and it is scheduled to close on September 5.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent