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.

You need an active subscription to continue reading this article.

Recent Business

john-middelkoop-j67BWwvS9h8-unsplash
Namibia positions itself as a green hydrogen contender despite export hurdles
Read More »
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »

Recent Politics

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Read More »

Latest Posts

Latest news insights