United Bank for Africa (UBA) has reported a robust profit of N189.84 billion for the first quarter of 2025, reflecting a strong financial performance and a solid start to the year.
The figure represents a 33.15% increase from the N142.58 billion posted in the same period of 2024, underscoring the bank’s continued growth trajectory despite economic headwinds.
In a corporate disclosure to the Nigerian Exchange Ltd. on Wednesday, UBA also reported a 30.65% rise in profit before tax, which surged from N156.34 billion in Q1 2024 to N204.27 billion in Q1 2025.
The bank’s interest income also recorded a significant boost, climbing 36.09% year-on-year to N599.83 billion, compared to N440.76 billion in the corresponding period last year.
These results highlight UBA’s resilience and strategic focus on profitability across its diverse banking operations.
MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…
YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com
News Update A female operative of the Nigeria Security and Civil Defence Corps, NSCDC, has…
News Update Explosions were heard in the Haifa area in northern Israel on Saturday following…
Osun Online Publishers Association Celebrates Comrade Sodiq Lawal of Dailyimpact on His Birthday The leadership…
Edo State Governor, Monday Okpebholo, has said he will relinquish his seat if President Bola…
THE Federal Government has unveiled a partnership initiative aimed at equipping over six million Nigerian…
News Update Twenty five members of the Osun Stateosu Hpouse of Assembly have defected from…