Investors Bite

UBA Plc Q4 2016 Results: Key Highlights

March 27, 2017/InvestmentOne Research UBA released its Q4 2016 results late on Friday. Find below key highlights of the Q4 2016 results: ·         Net interest income of N53.1bn, up +10.8% q/q; up +48.3% y/y ·         Profit before tax of N29.1bn, up +36.7% q/q; up +162% y/y ·         Profit after tax […]

UBA Grows Profit Before Tax By 32%, Declares Final Dividend per Share of 55kobo

March 27, 2017/UBA Plc United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive […]

AMCON hands over Keystone Bank to new investors

March 27, 2017/Keystone Bank Ltd Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with a view to repositioning the bank immediately. A statement from the bank said the handover took place last Friday […]