By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Thursday posted a loss of N853.4 million in its first quarter (Q1) report for the period ended March 31, 2013. From the result announcement of the bank to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and made available to InvestAdvocate, profit […]
Tag: Nigeria
Nigeria’s Union Bank says H1 profit falls 4.2 pct
Nigeria’s Union Bank said on Thursday its half-year pretax profit fell to 9.8 billion naira ($61.1 mln), down 4.2 percent from 10.2 billion naira last year. Shares in Union Bank, which had gained 63 percent since the start of the year, were trading flat at 12 naira at 1130 GMT. […]
UBA’s H1 Performance Driven by 20.1% Interest Income Growth
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The recent performance of the United Bank for Africa Plc (UBA) recently released Half Year (H1) 2013 unaudited result is mainly driven by 20.1 percent (20.1%) growth in interest income to N88.6 billion compared to N73.8 billion it recorded in H1 2012. Afrinvest […]
