Thursday, October 2, 2025
Newswatch
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Sign Up
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Newswatch Cameroon
No Result
View All Result
Home Economy

UBA intensifies Pan-African growth drive, reaffirms dividend payment commitment

Staff Writer by Staff Writer
October 2, 2025
in Economy
0
UBA intensifies Pan-African growth drive, reaffirms dividend payment commitment

UBA Group Managing Director, Oliver Alawuba

0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The United Bank for Africa (UBA) has restated its commitment to maintain a competitive dividend payout for the remainder of the year, citing the positive numbers they are currently seeing as the basis for this outlook.

During the 2025 Half-Year Investors’ Conference Call in the Group’s Head Office in Lagos on Tuesday, UBA Group Managing Director, Oliver Alawuba stated that the bank is positioned to pursue value and deepen its operations across the African continent and beyond.

“We see a lot of opportunities in Africa, and I believe that we are investing in those countries to pursue these opportunities and as a proactive bank, we have tried to expand very solidly in terms of business, products, and services, and also in terms of bringing in talents that will support us in value expansion”, said Alawuba.

Responding to an investor’s questions on dividend payment for the full-year, Alawuba said, “on dividend outlook for the rest of the year: we still believe that, based on the numbers we are looking at, we will be able to pay a competitive dividend for the rest of the year.”

At the end of the first two quarters of the year, UBA’s gross earnings grew by 17.28%, rising from N1.371 trillion in June 2024 to N1.608 trillion in the period under review.  Interest income also increased by 32.89% from N1.004 trillion in June last year to N1.334 trillion, while total assets went up by 9.71% to N33.3 trillion up from N30.3 trillion recorded in December 2024. Total deposits, also leapt by 11.96% in the same period to close at N27.6 trillion up from N24.7 trillion recorded at the end of 2024.

During the call, Alawuba pointed out the bank’s ongoing investments in technology and innovation as critical enablers for efficiency and competitiveness, adding that by leveraging digital channels and solutions, UBA aims to strengthen its income streams, enhance customer experience, and reinforce its leadership as the preferred financial partner for over 45 million customers globally.

Echoing the sentiments of the GMD, UBA’s Executive Director, Finance and Risk Management, Ugo Nwaghodoh, said the bank will continue to leverage technology and innovation to drive efficiency, expand digital income streams, and deliver superior customer experiences.

“Our diversified African and interconnected operations remain a strong buffer against local shocks, reinforcing UBA’s position as Africa’s global bank,” Nwaghodoh noted as he pointed out that the bank’s growth strategy is firmly anchored on resilience, innovation, and value creation, reinforcing its mission of empowering customers, supporting communities, and driving economic progress across Africa and beyond.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

Tags: Oliver AlawubaUBA GroupUgo Nwaghodoh

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Timber logs export ban in CEMAC could up revenue by 25% – expert
Economy

Timber logs export ban in CEMAC could up revenue by 25% – expert

October 2, 2025
Nigerian billionaire Tony Elumelu keen on diversifying investments in Cameroon
Economy

New York-based interfaith foundation to honour Tony Elumelu’s exemplary leadership

September 9, 2025
Gov’t restores Kambele gold to artisanal miners
Economy

Gov’t restores Kambele gold to artisanal miners

August 20, 2025
NFC Bank survives insolvency, gets new management
Economy

NFC Bank survives insolvency, gets new management

August 10, 2025
Douala Port Authority, Leilak Estates seal multibillion hotel project deal
Economy

Douala Port Authority, Leilak Estates seal multibillion hotel project deal

August 5, 2025
BEAC institutes digital app to deter currency counterfeiting
Economy

BEAC institutes digital app to deter currency counterfeiting

August 5, 2025
Top African female MMA stars set for epic PFL fight

Top African female MMA stars set for epic PFL fight

June 25, 2025
Youths urged to lead change for peace in Cameroon

Youths urged to lead change for peace in Cameroon

November 18, 2024

NewsWatch At 10

August 18, 2023
CAMASEJ empowers journalists to uncover cover-ups

CAMASEJ empowers journalists to uncover cover-ups

June 24, 2024
NW authorities maintain cemetery silence over student’s killing by gendarme

NW authorities maintain cemetery silence over student’s killing by gendarme

April 8, 2024
U.S. Superman meets Cameroon’s Epasa Moto in titanic comic book clash

U.S. Superman meets Cameroon’s Epasa Moto in titanic comic book clash

September 9, 2025
Don’t tamper with the internet during 2025 presidential election – PIN tells government

Don’t tamper with the internet during 2025 presidential election – PIN tells government

April 17, 2025

Cameroon National Blood Transfusion Service calls for budget increase

February 12, 2025

After adoption of action plan : Parliamentary Network for Circular Economy on aggressive industrialisation

November 25, 2020

Cameroon’s Toghu marathoner to promote education with proceeds from strenuous Antarctica race

May 2, 2025

UK appoints conflict expert as High Commissioner to conflict-plagued Cameroon

March 29, 2021

Report reveals human pressures compromising wildlife gains in Faro National Park

September 3, 2025

“We don’t know what is happening”, YOSA president

June 10, 2025

New report highlights Africa’s climate crisis, sparks urgent calls to act

September 18, 2025

FEDIPRESSE rallies Cameroon print media to adapt to digital transformation

June 30, 2024

Donga Mantung: Godlove Talla Nji’s FCFA 30M Unity Cup final to be played Friday!

December 3, 2020
NewsWatch Cameroon

Trustworthy, timely and tenacious: that's our newspaper. For 10 years, we have delivered quality journalism that informs, inspires and challenges our readers. Join us as we continue to make a difference in the world of news.

#NewsWatch@10

  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

Sign Up for our News letters

NewsWatch Cameroon Anniversery

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC

No Result
View All Result
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC