UBA grows gross earnings by 16%, delivers 17% return on average equity

United Bank for Africa Plc, Africa’s leading financial institution, has announced its audited 2018 half-year financial results, showing strong growth across key performance metrics as well as a significant contribution from its African subsidiaries. Despite declining yield environment in two core…

Investors lose N287bn as stocks take a hit

Investors in the equities market of the Nigerian Stock Exchange lost a total of N287bn on Friday as worsening political tensions and rising interest rates in the United States caused foreign investors to shun assets in Nigeria. The market capitalisation…

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