- United Bank for Africa in Kenya has secured permission to sell a supermarket land over N871 billion
- A High Court permitted the bank after the defunct company and its management failed to pay the debt
- In Nigeria, the bank took over the assets of Stallion Group, a multinational company with headquarters in Dubai
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
United Bank for Africa (UBA) in Kenya has been granted permission to auction a piece of land belonging to Uchuni Supermarkets on Langata Road, Kenya, over N871.5 billion (Ksh 162 million) debt.
