Press Release Lagos, 13/05/2013: The impressive performance by the United Bank for Africa Plc full year 2012, continued into first quarter of 2013 with the bank recording a Profit Before Tax of N17.2billion representing an increase of 12.4 percent, compared with N15.3billion achieved in Q1of 2012. The Bank in its unaudited financial […]
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S’African firm to acquire 49% stake in MDS
UAC of Nigerian Plc has announced a strategic partnership with Imperial Logistics, an arm of South African-based Imperial Holdings Limited. The agreement, signed by both companies, shows that Imperial Logistics is to acquire 49 per cent equity in MDS Logistics Plc, a wholly-owned subsidiary of UAC. A statement by UAC […]
UBA’s Q1 profit up by 19%
United Bank for Africa Plc has recorded a 19 per cent increase in its profit after tax for the first quarter ended March 31, 2013. Its result released to the Nigerian Stock Exchange on Monday showed that profit after tax, which stood at N13.1bn in the corresponding period of 2012, […]
