UBA’s GMD, Alawuba, parts with N22.50m in insider dealing

The Group Managing Director of United Bank for Nigeria (UBA), Oliver Alawuba, participated in insider share dealing between December 22 and 30, 2022.

According to trading document obtained by Ripples Nigeria from Nigerian Exchange Limited NGX, Alawuba parted with a total of N22.50 million to acquire three million shares.

The shares were bought at different prices, “1,000,000 shares at NGN7.40 per share, 77, 202 shares at NGN7.50 per share, and 865,647 shares at NGN7.50 per share.