Business

UBA crosses N500 billion Capital after N178 billion rights issue 

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UBA crosses N500 billion Capital after N178 billion rights issue 

United Bank for Africa (UBA) has successfully raised N178.3 billion through a rights issue, taking its capital base above the N500 billion minimum required for Tier 1 banks with international licenses. This is according to information released by the bank following the conclusion of its rights issue in September 2025…

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