United Bank for Africa Plc is currently in the market seeking to raise about N157billion from its existing shareholders. The acceptance list of UBA rights issue of 3,156,869,665 ordinary shares at N50 per share opened on July 30 and it is scheduled to close on September 5.
The Offer is being made to existing shareholders on the basis of one (1) new ordinary share for every thirteen (13) ordinary shares held as at the close of business on July 16, 2025.
The lead issuing house is Vetiva Advisory Services Limited while United Capital Plc and
