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Goringo made this disclosure during a market storm organised in collaboration with United Bank for Africa, where old notes were exchanged for traders in the Kwadom market.
Source: https://punchng.com/redesigned-notes-cbn-to-penalise-non-compliant-gombe-banks/
Legit.ng also reported that the United Bank for Africa Plc revealed plans to assist Small and Medium-scale Enterprises in four sectors with the $6 billion facility from the Africa Continental Free Trade Area Secretariat.
Some of the commercial banks affected include United Bank for Africa (UBA), Sterling Bank, Wema Bank, Guaranty Trust Bank (GTB), Zenith Bank, First Bank and Stanbic Bank, all located along Akpakpava street which were also set ablaze.
Source: https://leadership.ng/cash-crunch-3-killed-as-protests-erupt-in-8-states-fct/
The market positive performance was driven by price appreciation in large and medium capitalised stocks which are; MTNN, Transcorp Hotels, United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO) and Access Holdings.
Source: https://leadership.ng/equities-market-extends-gains-by-n130bn/
The top three equities traded during the week were Universal Insurance Plc, United Bank for Africa Plc and Guaranty Trust Holdings Company Plc.
Source: https://punchng.com/banking-index-rises-by-6-despite-concerns-over-capital/
United Bank for Africa (UBA) Plc has rewarded 63 of its customers spread across its various saving products at its ‘super savers promo draw.
Source: https://guardian.ng/business-services/business/bank-commits-to-reducing-financial-inclusion-gap/
Zenith Bank followed with 11.920 million shares worth N297.982 million, while United Bank for Africa (UBA) traded 10.038 million shares valued at N80.242 million.