Oliver Alawuba,UBA’s Group Managing Director/ Chief Executive Officer, United Bank for Africa (UBA) Plc. Image Credit: UBA PlcApril 9, 2025/InvestmentOne Update
UBA closed at ₦34.95 yesterday, slightly below its Rights Issue price of ₦35 — making this a good entry point for smart investors like you.
In FY:2024, UBA grew gross revenue by 53.56% YoY to ₦3.19trn, compared to ₦2.08trn in FY:2023. This led to a 24% YoY rise in EPS to ₦21.73, reflecting an improved return to shareholders.
UBA declared a ₦3 dividend!
That’s real value — combining capital appreciation potential and dividend income.
Why this matters:
- UBA remains one of the strongest Tier 1 banks in Nigeria
- Earnings are expected to be higher in 2025, driven by both interest and non-interest income.
- Trading below its offer price presents a rare buying opportunity
- Lock in your position now before the price goes up
