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MTN, UBA, BUA Foods are stocks to watch this week

This week, the Nigerian stock market will open for four days due to the public holiday to celebrate Easter, and some of the stocks...
Business

Financial crisis in Ghana forces UBA to lose N14.24bn in investment, forgo profit

Ghanaian investment went bad for United Bank for Africa (UBA) as its subsidiary in the West African country was forced to take on losses...
Business

UBA’s net profit rises by 43.4%, generates N78.94bn from ATM, POS, others

The United Bank for Africa (UBA) reported 43.4 per cent growth in its profit after tax for the financial period of 2022, with its...
Business

Access, Ecobank, 3 others adjust operating hours for 2023 elections

Ecobank Plc and four other banks have announced adjustments in the operation hours ahead of the general elections.In separate emails to their customers, the...
Business

UBA gets first female CEO for Africa

The United Bank for Africa (UBA) Plc has appointed a Ghanaian, Abiola Bawuah, as its new Chief Executive Officer.In a statement posted on the...
Business

Stock market: N80.85bn lost to sell off in Chellarams, Royal Exchange

Investors lost N80.85 billion on Monday after the market valuation of the Nigerian stock exchange dropped to N28.52 trillion. The loss represents a decline...
Business

Investors gain N252.5bn as Nigeria’s capital market closes high

The Nigerian capital market closed on a high note on Friday with the equity capitalization rising by 0.89 per cent at the close of...
Business

UBA’s GMD, Alawuba, parts with N22.50m in insider dealing

The Group Managing Director of United Bank for Nigeria (UBA), Oliver Alawuba, participated in insider share dealing between December 22 and 30, 2022.According to...
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