Today’s United Bank for Africa Plc (UBA) is the product of the merger of the old UBA and the erstwhile Standard Trust Bank Plc (STB), and a subsequent acquisition of the erstwhile Continental Trust Bank Limited (CTB).Our history dates back to the founding of the old UBA in 1961, and the erstwhile STB and CTB both in 1990. Although today’s UBA emerged at a time of industry consolidation induced by regulation, the consolidated UBA was borne out of a desire to lead the domestic sector to a new era of global relevance by championing the creation of the Nigerian consumer finance market, leading a private/public sector partnership at supporting the acceleration of Nigeria’s economic development, and growing the institution from a banking to a one-stop financial services institution.

The Bank commenced business on June 12, 1990 at the Waterfront Plaza, Plot 270, Ozumba Mbadiwe Avenue, Victoria Island, Lagos. It was listed on the Nigerian Stock Exchange on June 25, 2004, with business offices located in several parts of Nigeria.

The Bank is one of the largest in Nigeria. Her financial year runs from January 1 to December 31 of the subsequent year. Oceanic bank's impressive performance over the years accounts for the quality of its customer portfolio which includes Corporate Organizations, High Net-worth Individuals, the Federal Government and some State Governments. To enhance response time, relationship management units have been structured as follows: Corporate Banking Group (CBG), Treasury and Financial Institutions Group (TFIG), Retail Banking Group (RBG), Public Sector Group (PSG)

Staff in each sector have profound knowledge of the various industries and are therefore able to respond to customers' peculiar needs.

UNIC INSURANCE PLC was incorporated on April 2, 1965 as the United Nigeria Insurance Company Limited from the merger of the Northern Assurance Company Limited and White Cross Insurance Company Limited, both overseas Insurance Companies. The company commenced operations on October 1, 1965. Since its incorporation in 1965, Unic Insurance Plc. has built a reputation as a strong underwriting house providing its numerous policyholders the security of its Financial Reserves, Underwriting Expertise and First-Class Reinsurance Treaties. The recent introduction of new Life products and the expansion of the company’s operations into Health Insurance and asset Management re-inforces the company’s commitment to developing services to meet the growing needs of its clients.