Tag Archives: United Bank for Africa

Banks Clarify Positions on FOREX Sanction As CBN Re-Admits UBA into Market

Some banks on Wednesday clarified their positions on the suspension from the foreign exchange market transaction by the Central Bank of Nigeria (CBN) over alleged non-remittance of the NNPC dollar deposits. The affected banks expressed their stance in statements and

UBA Denies Involvement In Turkey Coup

The United Bank of Africa has denied involvement in the funding of the failed coup plot in Turkey. A Turkey-based newspaper, Yenisafak, had reported that some of those arrested in connection with the July 15, 2016 failed coup plot had