UBA diaspora investment drive gains momentum as bank partners NiDCOM to boost cross-border investments and economic growth in Nigeria
Africa’s Global Bank, United Bank for Africa, has reaffirmed its commitment to strengthening diaspora-driven investment into Nigeria, as part of efforts to build sustainable economic bridges between Africans abroad and the continent.
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The Group Managing Director and Chief Executive Officer, Oliver Alawuba, made the declaration on Monday while hosting officials of the Nigerians in Diaspora Commission, led by its Chairman and Chief Executive Officer, Abike Dabiri-Erewa, at the bank’s United Kingdom office.
The meeting followed the recent launch of UBA’s Diaspora Banking platform, a strategic initiative designed to provide a seamless channel for Africans in the diaspora to bank, invest, and manage financial obligations back home.
The platform represents a decisive shift from traditional remittance services towards structured wealth creation and long-term investment.
Alawuba described the diaspora as a powerful economic force capable of shaping new narratives for Africa, emphasising that UBA remains a trusted partner for Nigerians both at home and abroad.
“With UBA, you have a financial partner that understands your journey and can support your aspirations, both here and in Nigeria,” he said, urging diaspora communities to tap into high-return investment opportunities across the continent.
He added that the bank’s global network and innovative financial solutions position it as a critical connector for accessing opportunities in Africa’s expanding economy.
In her remarks, Dabiri-Erewa commended UBA for its consistency and innovation, particularly the launch of the diaspora platform, while highlighting the achievements of Nigerians living abroad.
“Many of you here are real game-changers. We must continue to celebrate the positive contributions of Nigerians across the world,” she said, calling for stronger narratives that reflect success and resilience.
She noted that the engagement signals a significant step in aligning public and private sector efforts to deepen diaspora inclusion and accelerate Nigeria’s development agenda.
Discussions at the meeting also underscored UBA’s role in facilitating cross-border payments, unlocking high-yield investment opportunities, and connecting diaspora enterprises to markets across Africa.
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With operations in 20 African countries and offices in major global financial centres, UBA continues to expand its footprint as a vital bridge linking global investors to Africa’s growing economic landscape.
Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.
