United Bank for Africa, UBA Plc, has exceeded the N500 billion minimum capital requirement for banks with international authorisation, following the successful conclusion of its second Rights Issue, which added N157 billion to the banks capital base.
Vanguard investigations showed that at the end of the first half of 2025, UBA had a share capital and share premium of N350 billion, buoyed by N239.4 billion raised from its first Rights Issue in November 2024.
