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UBA dispels rumours after Afriland Tower hearth incident, confirms headquarters’ security

United Bank for Africa (UBA) has clarified {that a} hearth outbreak at Afriland Tower, a business constructing positioned on Broad Avenue, Lagos Island, solely affected one among its branches, and never the long-lasting headquarters constructing.

The incident, which occurred on Tuesday, sparked panic within the space and led to widespread hypothesis on-line, with some reviews erroneously claiming that the bank’s company headquarters had been affected.

We’re conscious of the fireplace incident at a constructing on Broad Avenue, Lagos Island, which by the way homes one among our many branches,” UBA acknowledged. “As towards reviews on-line and social media, the affected constructing isn’t the UBA Home, Marina, the bank’s head workplace.” 

Vital Security Protocols Activated 

The bank confirmed that each one crucial security protocols have been activated instantly to safeguard the lives and property of its workers and clients.

“We’ve got ensured the protection and well-being of our workers and clients within the department,” the assertion added.

Origin of the Hearth 

The Lagos State Hearth and Rescue Service (LSFRS) stated the fireplace originated from the inverter room positioned within the basement of the constructing.

Based on Ogabi Olajide, Deputy Controller Normal of the service, an emergency name was obtained at 1:38 p.m., prompting the deployment of firefighting groups from Ebute Elefun and Sari Iganmu stations.

“The fireplace originated within the inverter room positioned within the basement of the constructing whereas smoke unfold throughout a number of flooring and engulfed the construction,” the LSFRS posted on X (previously Twitter). “Evacuation of occupants is in progress, whereas firefighting operations have been concluded, dousing the sooner panic earlier than the arrival of the primary responders.” 

Eyewitnesses reported scenes of chaos as employees and guests fled the six-storey constructing, which homes a number of companies, together with a UBA department.

As of press time, no casualties had been reported, although LSFRS officers confirmed that assessments have been ongoing to find out the extent of the harm.

The Lagos State Hearth Service added {that a} complete of 9 victims have been rescued, and 5 people efficiently resuscitated.

“A number of others escaped unharmed, whereas efforts are at the moment ongoing to resuscitate the remaining 4 people,” a Tuesday night time replace reads.

What You Ought to Know 

The fireplace incident got here barely three days earlier than the September 19 shut date of the bank’s N157 billion rights challenge utility.

  • UBA had introduced an extension of its ongoing rights challenge utility, initially scheduled to shut on Friday, fifth September 2025.
  • This transfer is a part of UBA’s effort to strengthen its capital base in keeping with the Central Bank of Nigeria’s recapitalization directive.

The rights challenge includes 3,156,869,665 unusual shares of fifty kobo every, priced at N50 per share, by which the bank intends to boost over N157 billion.


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