Stock Market Sustains Positive Momentum With N441bn Gain
The local stock market closed on a positive note on Thursday with the market value increasing by N441 billion, OduNews reports.
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The local stock market closed on a positive note on Thursday with the market value increasing by N441 billion, OduNews reports.
The Nigerian Exchange (NGX) Limited closed in positive territory on Monday as investors recorded a N20 billion gain, OduNews reports.
The United Bank of Africa says its gross earnings rose to N608 billion in the third quarter of 2022.
Wema bank Plc has emerged as the best-performing bank ahead of 12 other banks in the first half of 2022 with a weighted average score of 2.83%.
Global banking group, United Bank for Africa (UBA), says it will increase its lending rate to protect its profit margins.
United Bank of Africa says it grew its half-year Profit Before Tax (PBT) by 12.6% to N85.7bn in the first half of 2022 from N76.2bn recorded in the same period of 2021.
The United Bank for Africa has partnered with MFS Africa to improve electronic money services, remittances, SME SME payments and enhance cross-border payment.
Nigeria's capital market recorded a N5.6 billion profit at the end of trading last week on the back of active positive trading of the financial service industry.
The United Bank for Africa (UBA) has launched a modern Experience Centre in Abuja, Nigeria.
The United Bank for Africa (UBA) Group has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC).
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