Business
UBA Tells Customers How To Avoid “Sapa”
especially during serious economic downturns
In direct messages, United Bank for Africa tells customers how to avoid the infamous Sapa (hard life).
The bank with Kennedy Uzoka as the group managing director explained in personalized emails sent to its public…
“Help me, help me! Sapa dey carry me go where I no know”. That’s a phrase we are all trying to avoid but unfortunately being in a state of Sapa is sometimes unavoidable, especially during serious economic downturns. One thing we do know is that good financial discipline can cushion its effects. Here are a few ways to avoid Sapa.
1. Live conservatively
You’ve probably already cut down on your cost of living but with the way the prices of things are skyrocketing on a daily, it’s best to make sure you’re not overspending. To stay on a budget, set a spending limit on Leo, or the UBA Mobile App
2. Fuel your side hustle
Multiple streams of income is the way to go. What skills or business ideas can you leverage on to earn extra income? If you need capital to start or expand your side hustle, check out our UBA Personal loan.
3. Prepare for the rainy day
There’s nothing worse than being caught unprepared. Save for a rainy day, put a percentage of your income aside regularly by using the Savings Goal feature on the UBA Mobile App and you’ll be prepared for unexpected costs.
As we say “may Sapa not be our portion” let us remember to keep our money safe. UBA will never ask you for your OTP, PIN, card number or other sensitive information, so please don’t share with anyone, even if they claim to be from UBA. If you suspect any fraudulent activity on your account, please call our fraud helpline on 01-2808800 or email [email protected].