WATCH THE VIDEO HERE United Bank for Africa has released its 2024 half-year earnings declaring a pre-tax profit of N401.5 billion, which compares to N403.6 billion reported a year earlier. The bank’s impressive profit position was underpinned by a robust N614.4 billion in net interest income after impairments. This represents a 395% increase compared to the N124.1 billion reported in the same period in 2023, suggesting the quality of its half-year’s profit was driven by core business fundamentals and not forex. UBA also impressed investors with a N2 per share interim dividend. More to follow….
BREAKING: UBA reports N401.5 billion in half year pre-tax profits, declares N2 dividend
