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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Fuel tanker truck navigating city roads. Photo @ Pexels
Is Nigeria’s petrol subsidy returning? Investors face uncertainty
Read More »
South Africans are planning for retirement. Photo by Thato Moiketsi @ Pexels
Are South Africans saving smarter? Debt keeps closing in
Read More »
Fatima Ezzahra El Mansouri, Morocco’s first woman prime minister. Photo @Fatima Ezzahra El Mansouri/Facebook
Fatima El Mansouri: Morocco’s first woman premier inherits World Cup pressures
Read More »

Latest Posts

Latest news insights