By OBSERVERS TIMES
United Bank for Africa (UBA) has been recognized for its outstanding commitment to supporting Nigeria’s small businesses, taking home four major awards at the recent Development Bank of Nigeria (DBN) Service Ambassador Awards in Lagos.
The DBN Awards celebrate financial institutions that are making a real difference in the MSME sector. UBA’s success highlights its role as a key driver of economic empowerment, particularly for women-owned businesses. The bank secured top honors in the following categories:
Highest Impact on MSMEs in Nigeria
Highest Impact on Women MSMEs
Highest Impact in the North-Central Zone
Platinum Service Ambassador Award:
The top award of the evening, recognizing overall excellence.
“These awards underscore our dedication to providing MSMEs with the financial tools and resources they need to succeed,” said Mr. Muyiwa Akinyemi, Deputy Managing Director of UBA, upon receiving the Platinum Service Ambassador Award. “We believe that by empowering small businesses, we can unlock significant economic growth and create opportunities for communities across Nigeria.”
Dr. Tony Okpanachi, Managing Director/CEO of DBN, commended UBA’s efforts, stating, “UBA has consistently shown a strong commitment to addressing the financing challenges faced by MSMEs. Their targeted programs, especially those supporting women entrepreneurs and underserved areas, are perfectly aligned with DBN’s mission. We congratulate UBA on their achievements and look forward to their continued leadership in MSME finance.”
UBA’s win reinforces its position as a leading financial institution dedicated to fostering a vibrant and inclusive economy in Nigeria.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty-five million customers, across over 1,000 business offices and customer touch points in 20 African countries.
The Development Bank of Nigeria (DBN) is a development finance institution established by the Federal Government of Nigeria to alleviate financing constraints faced by Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.

