UBA posts N401.5bn profit as interest income soars, forex gains dip

Nationaldailyng | 01-10-2024 04:15am |

United Bank for Africa (UBA) has reported a pre-tax profit of N401.5 billion for the first half of 2024, a slight decline from the N403.6 billion recorded a year earlier. The bank’s performance was driven by a remarkable increase in net interest income, which surged by 395 per cent to N614.4 billion, up from N124.1 [...]The post UBA posts N401.5bn profit as interest income soars, forex gains dip appeared first on National Daily Newspaper.

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