United Bank for Africa (UBA) posted its biggest net profit on record for the financial year 2024 as the interest income of the pan-African lender expanded more than twofold, its audited account issued on Monday showed.
After-tax profit was up by 26.1 per cent at N766.6 billion, compared to N607.7 billion a year earlier.
Shares in UBA had jumped 5 per cent as of 12.47 WAT in Lagos following the announcement the lender will hand shareholders N3 per share in final dividend, bringing…
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