By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Wednesday announced it has posted a profit after tax (PAT) of 4.72 billion in its first quarter (Q1) report ended March 31, 2016 compared to N2.40 billion recorded a year ago. Similarly, profit before tax (PBT) grew from N2.49 billion […]
Tag: Union Bank of Nigeria Plc
Union Bank 2015 Pretax Profit Declines 47.5%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc said on Friday its pretax profit for the period ended December 31, 2015 declined 47.5 percent to N14.55 Billion from N27.71 billion recorded a year ago. Similarly, profit after tax (PAT) of the Bank dropped 50 percent to N13.98 […]
NSE Suffers Biggest Single Y-t-D Loss, as Stocks Fall 4.1% on Sell-Offs
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday suffered its biggest single-day loss of 4.10 percent as all share index (ASI) closed at 22,550.83 points; while market capitalisation decreased by N331.6 billion to N7.75 trillion. “Today’s loss increased the Month and Year-to-Date losses each to 21.27 percent,” Cordros […]
