
Customers Suffer N180.5 Million Loss from UBA System Failure
Ajibola Olarinoye The United Bank for Africa (UBA Plc), is currently dealing with the fallout from a major system failure that led to unauthorized withdrawals exceeding ₦180.5 million from customer accounts,. As reported by Thewitnessngr.com, the bank, founded in 1961 and headed by Tony Elumelu, has initiated legal proceedings to recover the lost funds. This…