CBN Investigation: Banks sustain positive outlook on NGX

CBN Investigation: Banks sustain positive outlook on NGX

On the Nigerian Exchange Limited (NGX), banking stocks showed a positive trend despite the overall market shedding N139 billion in value on the first trading day after the Christmas holiday. The NGX All-Share Index and market capitalization both experienced a 0.34 percent dip, settling at 73,768.64 and N40.367 trillion respectively, which brought the year-to-date gain … Read more

UBA Delivers Strong Results As Profit Hits N201bn In 2022

UBA Delivers Strong Results As Profit Hits N201bn In 2022

United Bank for Africa (UBA) has released its audited financial results for 2022, showing impressive performance across major indices.Information Guide Nigeria In its audited financial results for the full year ended December 31, 2022, filed at Nigerian Exchange Limited (NGX) on Thursday, the bank disclosed that gross earnings rose significantly to N853.2 billion from N660.2 … Read more