November 6, 2023/United Capital United Bank for Africa Plc (UBA or the Group) published its 9M-2023 earnings last week, recording a basic Earnings Per Share (EPS) of N12.93 in 9M-2023, up 295.0% y/y, compared to the N3.27 recorded in 9M-2022. The Group posted a 115.3% y/y growth in gross earnings […]
Results & Dividends
Sharp Decline in FX Inflow to the Economy; Fell by 15% YoY to $16.6bn in Q2 2023
November 6, 2023/FBNQuest Research Our chart today, sourced from data from the CBN’s Quarterly Statistical Bulletin, shows that total value foreign exchange (fx) inflow into the Nigerian economy fell by -4% q/q and -15% y/y to USD16.6bn in Q2 ’23. The trend of fx inflow has been declining since Q1 […]
Zenith Bank Maintains Robust Performance in 3Q23
FSDH Initial Reaction: Zenith Bank 3Q23 results Kindly click here to download the report. November 6, 2023/FSDH Research Key Performance Highlights: Zenith Bank recorded a robust set of numbers for 3Q23, with the gross earnings jumping 67.7% YoY to N361.8 billion and the net profit climbing 126.4% YoY to N142.4 […]
