. FURTHER STRENGTHENS REGULATORY CAPITAL AND POSITIONS GROUP FOR GROWTH IN LENDING, DIGITAL BANKING AND UNIQUE DIVERSIFIED GLOBAL BANKING STRATEGY Africa’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at N35.00 per share. The Rights Issue, which opened on Friday, November 15, 2024, gives existing shareholders the opportunity to purchase additional shares in proportion to their current holdings and is being offered based on one new ordinary share for every five existing ordinary shares…
Read MoreUBA TO RAISE N239.4 BILLION THROUGH RIGHTS ISSUE; SHAREHOLDERS TO RECEIVE ONE NEW SHARE FOR FIVE EXISTING SHARES
