The United Bank for Africa Plc (UBA) has announced steps to reorganise its operations into a Holding Company after getting approvals-in-principle from the Central Bank of Nigeria (CBN) and the bank's Board.
UBA will be now be restructured into a Financial Holding Company to be known as UBA Holdings Plc comprising of UBA Plc, UBA Capital Holdings and UBA Africa Holdings as subsidiaries, a statement from the bank said.
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