By Abdulquddus OKELE InvestAdvocate

Lagos (INVESTADVOCATE)-Africa’s tier one lender, United Bank for Africa Plc has increased its naira debit and prepaid naira cards spend limit to $15,000 per month.

UBA in an email notice to its teeming customers said they can spend more internationally their UBA cards and eligible for online transactions and point of sale terminals (POS) and $100 available daily on ATM withdrawals.

According to the pan-African lender, the card spends are subject to $50,000 annual limit.

Shares of UBA at the close of the day’s trading session on the Nigerian bourse appreciated 0.89 percent to N11.30 from N11.20 traded the previous session; gaining 10 kobo per share.