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The African Guarantee Fund and United Bank for Africa have teamed together to ensure that UBA would lend an extra $100 million to small and medium-sized businesses.

A quicker rise in non-performing loans in Nigerian banks is anticipated by Fitch Ratings due to the recent devaluation of the naira, according to a statement.

According to a note sent to their customers, United Bank of Africa has announced some adjustments to its domiciliary MasterCard restrictions and fees.

The Governor of Lagos State Babajide Sanwo-Olu, and United Bank for Africa, Tony Elumelu, has reacted to the death of Herbert Wigwe, the Group CEO of Access.

The Central Bank of Nigeria has decided to stop banks' cash reserve ratio to boost the availability of funds for Nigerian banks to lend more to customers.

Access Bank, United Bank for Africa, Zenith Bank, and other commercial banks are taking advantage of the CBN decision to remove the account deposit limit.

Recently, Femi Otedola and Tony Elumelu emerged as Nigeria's newest richest investors on the Nigerian Exchange following the performance of their companies.

Access Bank, First Bank, and Zenith Bank are among Nigerian banks with the highest staff salaries in the first nine months of 2023 going into the new year.

The Afrexim Bank has stated that it has disbursed about $2.25 billion NNPC crude oil loan in collaboration with the United Bank for Africa and other partners
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