UBA and NiDCOM strengthen ties to mobilize diaspora investments for…

The United Bank for Africa (UBA PLC) has reaffirmed its commitment to channeling diaspora-led investments into Nigeria.

This followed strategic engagement with Nigerians in the Diaspora Commission.

The meeting, held at UBA’s UK office on Monday, brought together key officials from NiDCOM, led by its President/Chief Executive Officer, Abike Dabiri-Erewa, and UBA executives, including Group Managing Director/Chief Executive Officer, Oliver Alawuba.

Alawuba highlighted the critical role of Nigerians abroad as a powerful economic force capable of shaping Africa’s growth narrative. He encouraged the diaspora to take advantage of opportunities across the continent, highlighting that UBA’s Diaspora Banking platform provides an integrated and seamless way to invest, bank and manage financial obligations at home.

“With UBA, you have a financial partner that understands your challenges and can help you realize your aspirations, whether abroad or in Nigeria,” Alawuba said. “Opportunities across Africa are abundant and we are here to help you explore this space.”

Hon Dabiri-Erewa commended UBA for its diaspora banking initiatives and commended Nigerians abroad for their resilience and success. He highlighted the importance of celebrating positive stories and creating constructive narratives about the Nigerian diaspora.

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“This meeting demonstrates a significant step in aligning public and private sector efforts to deepen diaspora engagement and accelerate Nigeria’s development agenda,” he said. “We will continue to promote policies and initiatives that encourage Nigerians abroad to actively participate in the economic growth of the country.”

The discussions also highlighted UBA’s ability to facilitate cross-border payments, unlock high-yielding investment opportunities and connect diaspora businesses to markets across Africa. With a global presence in 20 African countries, the United Kingdom, the United States, France and the United Arab Emirates, UBA serves over 45 million customers worldwide and remains a key player in promoting financial inclusion and investment across the continent.

The strategic commitment highlights UBA’s role as a bridge between the Nigerian diaspora and economic opportunities at home, with the aim of transforming diaspora remittances into structured wealth creation and long-term investments.

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