Search

Pan-African Bank UBA Sees Double-Digit Growth Amid Economic Challenges

Allen dreyfus Logo
© Allen Dreyfus
  • Gross earnings surge 39.6% to ₦1.371 trillion, interest income jumps 134.3%
  • Interim dividend raised by 300% as assets rise to ₦28.3 trillion

Yaoundé, Cameroon – United Bank for Africa (UBA) Plc, the Pan-African financial giant with a global presence, has reported a strong double-digit growth in gross earnings and operating income for the first half of 2024. The bank’s audited financial results, released last week on the Nigerian Stock Exchange (NGX), showcase robust performance across key financial metrics despite challenging economic conditions.

Recent Business

Oil field. Photo by Redhawk Investment Group @ Pixabay
Senegal’s export boom hits record as oil, gold surge reshape economy
Read More »
A section of a factory or manufacturing entity. Photo by Peter H @ Pixabay
Morocco’s industrial output accelerates in Q3 as manufacturing and power lead
Read More »
Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
South Africa mining rebounds in Q3 as iron ore, PGMs lift output and sales
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights