United Bank for Africa Delays Board Meeting to Finalize 2023 Financial Statements

United Bank for Africa Plc (UBA) has announced a change in the date of its highly anticipated Board Meeting to Friday, October 27, 2023.

The Nigerian Exchange Limited and the investing public were initially informed of the meeting’s original date set for October 19, 2023, but unforeseen exigencies have necessitated the rescheduling.

The Board Meeting now holds vital significance as it will be the platform for UBA to deliberate upon and approve the Company’s 2023 Financial Statements and Reports, covering the period up to September 30, 2023.

Investors and stakeholders keenly await these financial insights, given UBA’s prominent role in the African banking sector.

The decision to postpone the meeting underscores the bank’s commitment to ensuring the accuracy and completeness of its financial disclosures.

As the Group Company Secretary and Legal Counsel, Bili A. Odum, stated, “UBA takes its responsibilities to the investing public seriously. This delay allows us to thoroughly assess and finalize the 2023 financials, thereby upholding transparency and ensuring the best interests of our shareholders.”

This shift in the meeting’s schedule, while unexpected, demonstrates UBA’s dedication to delivering accurate and comprehensive financial information, reassuring investors and emphasizing the importance of integrity and transparency in the banking industry.

The investing public will be watching closely as UBA’s Board Meeting unfolds on its rescheduled date, eager to gain insights into the bank’s financial performance.