Nigerian Stock Exchange (NSE) migrated United Bank for Africa (UBA) Plc to its premium Board, in what capital market analysts describe as an attestation to the Bank’s strong adherence to international best practices on corporate governance.
The Premium Board is the listing segment for the elite group of issuers that meet the Exchange’s most stringent corporate governance and listing standards.
According to the CEO of Nigerian Stock Exchange, Oscar Onyema, UBA Plc, Access Bank Plc, Lafarge Africa Plc and Seplat Petroleum Development Company Plc were admitted into the elite list for having met the NSE’s stringent listing requirements for the Premium Board, a platform for showcasing companies who are industry leaders in their sectors.
Speaking yesterday, the group managing director/CEO, UBA Plc, Kennedy Uzoka noted; “the migration of UBA shares to the Premium Board of the Nigerian Stock Exchange (NSE) is well deserved.
Also speaking at the ceremony, the chairman of UBA Plc, Tony Elumelu said that “the migration of UBA shares to the newly created Premium Board of the Exchange is a deserving recognition of the size, liquidity and sound corporate governance of the Group. I congratulate the Management and Staff of UBA Group on this positive recognition.”
- NEWS15 hours ago
ASUU Strike: FG Releases N163bn
- NEWS13 hours ago
PMB Express Sadness Over Collapse Of Pavilion In Maiduguri
- FEATURED4 hours ago
JUST IN: Council Of State Approves N27,000 As New Minimum Wage
- NEWS14 hours ago
Borno: Over 40 Wounded As Supporters Scramble For Glimpse Of PMB
- COVER STORIES15 hours ago
Supreme Court Reserves Ruling On Rivers APC Crisis
- NEWS6 hours ago
El-Zakzaky To Remain In Custody, As Court Adjourns Trial
- POLITICS11 hours ago
God Will Not Forgive You If You Don’t Vote For Ortom- Senator Mark
- NEWS15 hours ago
At 49, Keyamo Has Earned Public Respect – PMB