UBA Fined Over N149 Million by CBN for Regulatory Breaches

United Bank for Africa (UBA) has been fined a total of N149.65 million by the Central Bank of Nigeria (CBN) for multiple regulatory infractions, according to the bank’s audited financial statements for 2024 released on Monday, March 24. An analysis of the report revealed that UBA was penalised for several breaches, including inadequate customer documentation, … Continue reading UBA Fined Over N149 Million by CBN for Regulatory Breaches