Africa Matters

United Bank for Africa posts 18% growth in earnings as profit hits over $106mln

The bank’s total assets also rose by 4.1% United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross earnings rose by 18.3% from $370mln (N155.4bln) in 2021 to $437mln…

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