UBA Group Rakes 404 Billion Naira in Profit

Good news for shareholders in UBA Group as the company declares four hundred and four billion naira profit before tax.

It’s a good season for Nigeria banks and UBA Group is not left out in the profit sharing. Other banks like Zenith Bank Plc declared huge profits and Fidelity Bank Plc went as far as securing a 100% acquisition of Union Bank in the United Kingdom (UK).

Following the excitement of UBA GROUP chairman Mr Tony Elumelu, he made it known using his verified social media handle that UBA now worth fifteen trillion thirty eight billion naira.

See also  Air Peace Undertakes Ground-Breaking First Flight to London

He also said that the bank declared fifty thousand naira per share as interim dividends.

For Mr Tony Elumelu and UBA Group family, the success shows the banks tenacity and global strategy as financial intermediary for Africa and the world at large.

See also  Only One Thing Makes Business Fail - Kalu Aja

UBA is present in many countries in the world including the United States of America(USA).

Please share

Leave a Reply

Your email address will not be published. Required fields are marked *