Tag
UBA
News and analysis about UBA
United Bank for Africa (UBA) Plc, has called on its customers to exercise utmost caution in their banking transactions.
UBA has presented the sum of N1 billion to the Lagos State as part of the bank’s commitment to help curb the effect of the Coronavirus (COVID-19).
President Muhammadu Buhari has commended the efforts of Nigerian billionaires who have supported the government in its battle against the COVID-19 pandemic.
The Nigerian bourse closed the day positive as the ASI appreciated by +0.13 % to close at 21,757.47.
The sell-offs in the Nigerian bourse persisted on Thursday, as the All-Share index fell by -3.72% to close at 22,695.88.
The stocks performances revealed that all banking stocks recorded a dip in their stock prices.
GTBank Plc, Zenith Bank, Access Bank, First Bank of Nigeria (FBN), and United Bank of Africa (UBA) Plc spent over N4.7 billion on their Corporate Social Responsibilities in 2019.
The Nigeria stock market witnessed a positive trading session on Tuesday after a long time of bearish performances.
UBA’s FY 2019 audited numbers showed Interest Income growth of 12% y/y to N404.8 billion, slightly above our estimate of N392.1 billion.
The stock market started the month on a bearish note as the All-Share index dipped 1.53% to close at 25,816.57 index points on Monday.
UBA has announced its audited results for the full-year ended December 2019, recording impressive growth across the top and bottom lines.
The NSE market continued its bearish trend as the bourse bowed to the bears, recording a 0.22% decline in the value of the All-share index.