UBA Receiving Entries For National Essay Competition

The UBA Foundation is now accepting entries for this year’s edition of the National Essay Competition. The first prize for the competition is a N2 million educational grant for the winner to study in any African university of his or her choice, a 100% increase from N1m which was awarded last year, while the second and third prizes have increased to N1.5 million and N1m educational grants respectively.

Applicants must be secondary school students, schooling in Nigeria and applications close on 2nd November, 2018.

To apply, qualified candidates must:
1. Attach 1 passport photograph, a photocopy of their original birth certificate or a photocopy of international passport data page.
2. Submit their complete contact information (School Name and Address, Residential Address, Phone number and Email Address)
3. Send Handwritten entries (not more than 750 words) should be sent to:
UBA Foundation, UBA House, 57 Marina Street, Lagos Island, Lagos State.
Or
Applications can also be sent to any UBA Branch in Nigeria

The educational grant is only applicable to students who intend to study in an African University.

LATE ENTRIES will not be accepted

Applications Open for the 2018 TEF Entrepreneurship Forum Travel Fellowship for African Journalists

The Tony Elumelu Foundation, Africa’s leading entrepreneurship-focused philanthropy, has announced a call for entries for the 2018 TEF Entrepreneurship Forum Travel Fellowship for African journalists.

The Travel Fellowship will provide financial aid to journalists and photojournalists affiliated with African national or global media houses to attend the 2018 Tony Elumelu Foundation Entrepreneurship Forum happening on the 25^th of October 2018 in Lagos, Nigeria. The Travel Fellowship covers travel and accommodation, while affording journalists the opportunity to interact with participants, guests, key public and private representatives, and leading speakers at the TEF Entrepreneurship Forum. 

The TEF Entrepreneurship Forum 2018 is the largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem. It will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and development organisations, presenting the unique opportunity to generate ideas, forge networks and bring policymakers and the private sector together, in a spirit of robust debate and interaction. The 2018 cohort from the Tony Elumelu Entrepreneurship Programme, as well as mentors and partners, will be present, as the culmination of their intensive twelve-week induction.

This year’s Forum will include an interactive session with President Uhuru Kenyatta of Kenya and President Nana Akufo-Addo of Ghana, moderated by TEF Founder, Tony O. Elumelu.

It will also feature the launch ofTEFConnect, the world’s largest digital platform for African entrepreneurs, dedicated to connecting African entrepreneurs and the entrepreneurship ecosystem.

Interested journalists are encouraged to apply HERE.

Eligibility

• Working Journalists affiliated with African national or global media houses
• Documented support provided from Supervisor/media outlet

Deadline: Midnight, September 12, 2018.

UBA Appoints Four New Board Members

Lagos, Nigeria; August 31, 2018: The Board of Directors of the United Bank for Africa is pleased to announce the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN).

The new board members are Mrs. Erelu Angela Adebayo, Ms. Angela Aneke, Alhaji Abdulqadir Jeli Bello and Mr. Isaac Olukayode Fasola.

These appointments follow the retirement of Mrs. Rose Okwechime, Mr. Adekunle Olumide, OON, Alhaji Ja’afaru Paki and Mr Yahaya Zekeri, with effect from August 30, 2018.

“I am pleased to welcome Erelu Adebayo, Angela Aneke, Abdulqadir Bello and Kayode Fasola to the Group Board” said Tony O. Elumelu, the Group Chairman of the Bank.  “These men and women bring a wealth of experience in their fields and will be tremendous assets, as we deliver on our mission to become the leading Pan-African financial institution in all our countries of operation.”

‘I am particularly pleased that two of the newly appointed Non-Executive Directors are women, bringing the total number of women to four, a further demonstration of our commitment to ensuring equality for both men and women,’ added the Group Chairman.

Mr. Elumelu thanked the retiring directors for their contribution, hard work and commitment to UBA, “I would like to express my appreciation to our retiring Directors for their leadership and dedication to UBA and for their contribution to an already impressive 2018. I wish them the very best in their future endeavours”.

This announcement comes on the heels of the Bank’s strong H1 2018 performance with a PBT of N58.1billion. With the successful expansion of its retail operations, UBA now operates in 20 countries in Africa, following its recent acquisition of a licence in Mali and the United Kingdom. The bank also has offices in New York City and in Paris.

About the new Directors.

Erelu Angela Adebayo who graduated with an M.Phil in Land Economy from Cambridge University, is the former First Lady of Ekiti State in Nigeria. Mrs Adebayo previously served on the boards of several organisations, including the Dangote Foundation, DN Meyer Plc, Wemabod Estates.  Mrs. Adebayo is a council member of the Nigerian Stock Exchange and has worked extensively on real estate development and She is the Chairman of the Erelu Adebayo Foundation for the underprivileged.

More after the break.

UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to customers by September 1st, 2018

With Leo now on WhatsApp, customers who are lovers of the app will be able to open new accounts, check their balances on the go and carry out basic banking services.

Speaking about the launch of Leo on WhatsApp, Kennedy Uzoka, Group Managing Director, said: “Our customers are at the heart of our business and we as a bank, are never relenting in matching our words with equal action.  In today’s fast paced world with demands for quick responses, our aim is to make banking seamless and effortless for our millions of existing and potential customers.”

Also speaking on the launch of Leo on WhatsApp, Group Head of UBA’s Online Banking, Mr Austine Abolusoro, stated ‘United Bank for Africa is a technology-driven institution with vast knowledge in the business that we do and Leo, being a tested dependable and intelligent personality, will replicate on WhatsApp, the success it has experienced on the Facebook Messenger platform.  It is a solution that is from the customer’s standpoint, easy to use by anyone regardless of your demography.’ ‘Leo is ready and waiting to help with any form of banking services’ continued Abolusoro.

“WhatsApp has been in existence for over 9 years, reaching more than 1.5 billion people in over 180 countries. The premium private chat platform has assured that there will be no spam messages as the development is to enable businesses serve their customers with useful and helpful information.

Leo who is already present in over 12 African subsidiaries, including Nigeria, and available in  three languages, will be fully rolled out to customers on WhatsApp in September 2018 with all its regular features and extended attributes for WhatsApp.

UBA is one of Africa’s leading banks with operations in 20 African countries and in London and New York, with   presence in Paris.

Adjudged to be at the forefront of innovation and convenient banking, UBA is one of the first financial services institutions on the continent to deploy Finacle 10x, a new information technology platform that boosts its services and electronic banking channels.

Today, UBA provides banking services to more than 15 million customers globally, through over a thousand touch points and other diverse channels.

UBA Celebrates Africa, Honors Staff at 2018 CEO Awards

UBA Chairman Tony Elumwlu flanked by Femi Otedola & Aliko Dangote

Mr &  Mrs Tony Elumelu & Mr & Mrs Kennedy Uzoka 

It was a fun night of glamour and electrifying excitement as Pan African financial services group, United Bank for Africa (UBA) Plc once again gathered together a stunning audience from Across Africa at the 2018 edition of the UBA CEO Awards.

The event which was held at Eko Hotels and Suites in Lagos, Nigeria, was the talk of the town and trended all night as staff members, their clients and friends all let go and got totally immersed in the celebrations of the special evening.

The UBA CEO Awards remains one of the most sought after annual events in the Lagos entertainment calendar. in its 10th year since inception in 2008, the event keeps getting bigger and better.

The theme of the night, Celebrating Africa,  celebration by the pan-African Bank, of the continents rich history and culture. UBA’s foot print in 20 African countries and in London, Paris and New York allowed a culturally diverse audience which was on display at the event. The Bank was also promoting its core value of Enterprise, Excellence and Execution as staff members who had performed extra ordinarily during the year, were rewarded and celebrated throughout the evening.

The Chairman, UBA Plc, Mr. Tony Elumelu, who was at the event with his lovely wife Dr Awele, said as he was interviewed on the golden carpet, that the bank chose this day to reward staff who had worked hard to ensure that the company remains a leading financial institution on the continent.

"It is a time to reward dignity, hard work, and excellence in execution, and to show our multitude of staff globally that they are very much appreciated for their contributions.’ said Elumelu.

The GMD/CEO, Mr. Kennedy Uzoka, who congratulated the recipients of the various awards in different categories, charged them to continue to work hard and exhale the core values of UBA. He re -iterated that the Customer is the employer and all staff must focus on ensuring that they are given excellent services always.

He said, “Every year, it is our tradition to appreciate our people who have put in their very best and gone far and beyond the call of duty to deliver excellent services to the bank and the customers by extension. As you may well know, UBA has promoted about 47 per cent of its staff within the last twelve months, and this is something that is very rare in our industry. It is a statement about our commitment to the employees'.

Continuing, Uzoka said, “We know that when you have been rewarded, you will be motivated to do more, so I encourage you all to put in your best and remain focused on satisfying the customers, which is the reason why we are here.”

In attendance were captains of industries, media moguls, Nollywood stars, Public servants and politicians including  President of Dangote Industries, Alhaji Aliko Dangote, Chairman of Forte Oil, Femi Otedola, President of the Lagos Chamber of Commerce and Industry, Chief (Mrs) Nike Akande, Former Governor of Ekiti State, Otunba Niyi Adebayo and wife, Angela, Publisher of Ovation Magazine, Mr.  Dele Momodu, Majority Leader, House of Representatives, Mr Femi Gbajabiamila, CEO, Ebony LifeTV Mo Abudu and some Nollywood stars, Richard Mofe Damijo, Omotola Jalade Ekeinde, Omoni Oboli.

Also present to honour UBA at the event were Former Commissioner for Finance in Lagos State, Wale Edun, CEO, Financial Derivatives Company Limited, Mr, Bismarck Rewane, CEO, Airtel, Segun Ogunsanya, Directors of UBA Plc, Ambassador Joe Keshi, Chief Kola Jamodu, Ambassador Adekunle Olumide, Mrs Rose Okwechime,  among many others

Great performances by A-list artists such as ‘science students’ crooner, Olamide, Flavor, Kiss Daniels, Styl Plus and Falz the bad guy as well rib-cracking comedy from Basketmouth ensured that staff and guests alike were kept off their seats as they each performed to the massive enjoyment of those present.

Ace TV Presenter, IK Osakioduwa and Ayo, were the compere of the event led the guests through a night of fun and laughter and of course lots to eat and drink.