Tag Archives: Improved forex supply aids UBA profit to 41% growth

April, 2017

• 29 April

  UBA GMD,Uzoka says forex supply aids profit to 41% growth

  

  The United Bank for Africa (UBA) says that its profit increased by 41% year-on-year profit before tax in the first quarter of 2017. A statement by the bank attributed the growth to improved foreign currency supply as foreign currency trading income grew by 148% year-on-year. UBA said it recorded a profit of N25.5 billion before tax in Q1 of 2017 ...

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