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Latest news on business in Nigeria - Page 13

In a groundbreaking move set to reshape the economic landscape of Africa, the United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent.

UBA Records 86.64% PBT Growth In Q3, 2023

United Bank for Africa Plc has just unveiled its third-quarter results for 2023, reporting 86.64% year-on-year growth in pre-tax profits, reaching N98.444 billion. This performance has pushed the nine-month pre-tax profits to a total of N502.901 billion, a massive leap from N138.493
October 31, 2023
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MTN Records 75.7% Decline On PBT In Q3

MTN Nigeria Communications Plc reported a 75.7% decline in its profit before tax (PBT) for the third quarter of 2023, amounting to N32.08 billion. This contrast with the N132.04 billion recorded in the same quarter of the previous year might seem concerning
October 30, 2023
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