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UBA fingered in N48.5b customer’s account manipulation

UBA fingered in N48.5b customer’s account manipulation

United Bank of Africa has been named among banks that removed N48.5 billion from customers’ Accounts as charges for maintenance in six months. Account maintenance costs are levied on all customer-initiated debit transactions, and the bank collects these fees at the time of the transaction. The amount debited is at least 10% of the total … Read more

For 38 Years, UBA has Held on to 71-Year-Old Innocent Anyaka’s Millions of Naira

Mr. Anyaka

By Damilola Ayeni When Innocent Anyaka walked into the Aba main branch of the United Bank for Africa (UBA) in 1982, he was about to start a travail that would last a long time — decades, in fact. And 38 years down the line, there’s still no end in sight. By July 1981, Anyaka had … Read more