UBA

Gains in Zenith, UBA, ETI lift Nigerian equities index 0.06% as bargain hunting dictates market performance

The Nigerian equities market recorded positive performance Monday, the first trading session of the week, with all-share index gaining 0.06…

Gains in UBA, Seplat, Zenith buoy Nigerian equities market as index expands 0.25%

Nigerian stocks benchmark index expanded 0.25 percent Wednesday to settle at 36,622.85 points, chiefly buoyed by gains in UBA (+3.3%),…

UBA grows nine months profit by 33%, sees increased contributions from offshore subsidiaries

United Bank for Africa (UBA) Plc Monday announced its unaudited third quarter earnings results ended September 30, 2017, showing remarkable…

Profit taking pares Nigerian equities market cap by N42.6bn as index dips 0.34%

Nigerian stocks Wednesday lost N42.6 billion in market capitalization as profit taking in bellwether counters dragged benchmark index down by 0.34 percent…

Rising cost of funds, tight liquidity put interest earnings outlook on edge for Nigerian banks

Despite the recovery in the Nigerian economy, as indicated by Q2 2017 gross domestic product growth numbers, earnings prospect for…

Nigeria’s UBA makes provision on loans to 9mobile

Nigeria’s United Bank for Africa (UBA) said Tuesday it had made a provision on loans made to 9mobile, one of…

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