Finance

Board of UBA Approves Audited Half Year Financial Results

UBA Half Year Financial Results Approved

The Board of United Bank for Africa (UBA) Plc has approved the financial statements for the first half of the year.

UBA disclosed this on Friday through a statement released on the website of the Nigerian Stock Exchange (NSE).

The lender said the board considered and approved the 2020 Audited Half Year Results & Reports and payment of an interim dividend at the meeting held on Thursday, August 13, 2020.

The statement reads “Please refer to the announcement dated July 28, 2020 which notified the Nigerian Stock Exchange and the investing public of the Board Meeting of United Bank for Africa Plc.

“Please be informed that the Board of United Bank for Africa Plc at its meeting which held on Thursday, August 13, 2020 considered and approved the 2020 Audited Half Year Results & Reports and payment of an interim dividend, subject to the approval of the Central Bank of Nigeria.

“Further to the above, kindly be advised that the Nigerian Stock Exchange and the investing public would be immediately notified upon receipt of the 2020 Audited Half Year Results & Reports by the Central Bank of Nigeria,” the bank stated.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.