By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA) Monday posted a five percent (5%) half year post tax profit for the period ended June 30 2013. To post the 5% increase, UBA in the review period recorded a post tax profit of N28.409 billion in the second […]
Tag: Gross Earnings
Nigeria’s First Bank Q1 pretax profit up 29 pct yr-yr
Nigeria’s First Bank Group’s first quarter pretax profit rose by 29 percent year-on-year to 31.41 billion naira ($198.8 million), from 24.36 billion naira in the same period last year, the company said on Thursday. Gross revenues rose to 99.47 billion naira during the period, compared with 87.62 billion naira the […]
Union Bank’s earnings rise by 33%
Union Bank of Nigeria Plc has recorded a 33 per cent rise in its gross earnings for the financial year ended December 31, 2012. Its full year results, released to the Nigerian Stock Exchange on Monday, showed that gross earnings rose to N112.8bn. The bank’s profit before tax stood at […]
