UBA Reports N804bn Profit for 2024, Declares N3.00 Dividend
United Bank for Africa (UBA) Plc has posted another year of strong financial performance, reporting a 26.14 percent increase in profit after tax (PAT) to N766.6 billion for the full year ended December 31, 2024. The audited results, filed with the Nigerian Exchange Limited (NGX) recently, also reveal a 6.1 percent rise in profit before […]
Read MoreUBA Hosts Knowledge Series Webinar For MSMEs
United Bank for Africa (UBA) Plc, Africa’s Global Bank, is preparing to host a special edition of its Knowledge Series webinar. The event is designed to provide micro, small and medium-sized enterprises (MSMEs) and business owners with valuable insights into the newly implemented 2024 Withholding Tax Regulations introduced by the federal government. The webinar, themed: […]
Read MoreThree Stocks Record Over N19.8bn Turnover As Financial Sector Leads NGX
Three financial stocks—Access Holdings Plc, United Capital Plc, and United Bank for Africa Plc (UBA)—have led the equities sector of the Nigerian Exchange Limited (NGX) last week, collectively accounting for 72 percent of total market turnover. The sector’s dominance continued, with a total of 1.068 billion shares valued at N19.8 billion traded in 21,001 deals. […]
Read MoreUBA Plc Launches ₦239.4bn Rights Issue To Drive Growth
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has officially commenced its ₦239.4 billion Rights Issue, offering 6,839,884,274 ordinary shares at ₦35.00 per share. The offer, which was opened on Friday, 15 November, 2024, is based on a ratio of one new ordinary share for every five existing shares held as of November 5, […]
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