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Market Update

Stock market advances, grows marginally by 0.08%

The Nigerian stock market on Wednesday advanced marginally as the All Share Index grew by 0.08%, closing at 51,178.41 points from the previous close of 51,138.92 points. Investors gained N18 billion as the Market Capitalisation appreciated by 0.06% to close at N27.871 trillion from the previous close of N27.853 trillion.[…]

19

Apr
Business & Economy

UBA rakes in N53.59bn profit in 3 months

United Bank for Africa in the first quarter of 2023 achieved Gross Earnings of N271.177 billion. This represents a growth of 47.46% from N183.9 billion reported the previous year. Profit after tax of N53.589 billion was reported for the 3 months period, up by 29.14% from N41.496 billion achieved the[…]

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