UBA Posts N401.5bn Profit Before Tax In H1, Declares N2 Interim Dividend …C0NTINUE READING HERE >>>
United Bank for Africa has released its 2024 half-year earnings, declaring a profit before tax of N401.5 billion, compared to the N403.6 billion reported a year earlier.
The results also showed that the bank recorded double-digit growth in its gross earnings and operating incomes.
At the end of the first two quarters of the year, despite the tough macroeconomic climate in Nigeria and the geopolitical challenges across major African countries where the bank has subsidiaries, UBA recorded a 39.6 per cent increase in its gross earnings, which rose from N981.77 billion in 2023 to N1.371…
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