Nigeria : UBA’s first quarter profits rise by 154% on the back of higher interest income
UBA released its unaudited financial results for Q1 2024 showing pre-tax profit grew by 154.74% year-on-year to 156.344 billion.
1M | 3M | YTD | 1Y | 2Y |
-4.67% | -3.56% | +31.37% | +88.15% | +89.62% |
Value Traded (Mln NGN) 7,521.75 |
Volume 344,376,235 |
Transactions 8,500 |
Market Cap. (Bln NGN) 55,552.12 |
UBA released its unaudited financial results for Q1 2024 showing pre-tax profit grew by 154.74% year-on-year to 156.344 billion.
Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing a total dividend of N26.30 kobo per share declared by the Board of Directors of the company.
Recent dividend announcements by major Nigerian banks have highlighted a complex interplay between shareholder returns and Central Bank of Nigeria (CBN)’s recapitalization requirements.
The Board of MRS Oil Nigeria Plc will, at the company’s Extraordinary General Meeting (EGM), request shareholders’ endorsement to voluntarily delist from the Nigerian Exchange Limited (NGX).