UBA’s profit hits N142.5b in Q1 2024

Oliver Alawuba News

UBA’s profit hits N142.5b in Q1 2024
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United Bank for Africa Plc (UBA) has released its financial results for the first quarter ended March 31, 2024, showing very strong growth

United Bank for Africa Plc has released its financial results for the first quarter ended March 31, 2024, showing very strong growth across key performance measures.United Bank for Africa Plc has released its financial results for the first quarter ended March 31, 2024, showing very strong growth across key performance measures.

Commenting on the results, UBA’s Group Managing Director, Oliver Alawuba, said the organisation delivered strong first quarter performance, building on the solid momentum of 2023, as well as the ongoing execution of its long-held strategy of customer focus, geographic diversification and effective risk management and governance.

“Our unwavering commitment to sound governance, robust risk management and financial strength positions us for continued growth, while we contribute meaningfully to inclusive economic development across our network.” “We remain committed to reducing both interest expense and operating expenses and expect to make steady progress as we move through the year toward our stated profitability targets.”Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Three Indian nationals have been kidnapped but rescued in Ogun State. On May 4, the Divisional Police Officer of Mowe divisional headquarters received a distress call from the manager of Breeze Company Nigeria Limited, located at Lagos-Ibadan expressway that their staff have been kidnapped.

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