UBA To Raise N239.4bn Through Rights Issue To Strengthens Regulatory Capital, Unique Diversified Global Banking Strategy

United Bank for Africa (UBA) Plc, has perfected plans to 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 of the Africa’s Global Bank, which opened on Friday, November 15, 2024, gives existing shareholders the opportunity to purchase additional shares in proportion [...]

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