Breaking: UBA Announces N61.698bn Nine-Month Net Profit

The board of United Bank for Africa Plc, on Tuesday presented its financials for the unaudited nine-month ended September 30, 2018, indicating that net profit for the period rose marginally to N61.698bn from N60.92bn in the corresponding period of 2017.
Interest income for the period rose to N268.937bn, from N238.092bn in the corresponding period of 2017; while fees and commission income climbed to N69.278bn from N57.885bn; while net trading and foreign exchange income slipped marginally from N34.475bn to N32.401bn.

Details coming…