Similarly, profit after tax (PAT) grew 8.8 per cent to N78.59 billion from N72.26 billion declared the same period of 2016.
According to the fillings at the Nigerian Stock Exchange (NSE), gross earnings of the bank increased from N383.64 billion in 2016 end to N461.55 billion in the review period of 2017; representing an increase of 20.3 percent.
The lender, thus declared a final dividend of 65 kobo (20 kobo interim) which amounts to a total dividend of 85 kobo per share compared to 75 kobo paid in 2016.
Stanbic IBTC records 36% growth in earnings, adds 70% PAT
UBA says the qualification and closure dates are April 9 and April 10 2018 respectively, while the Annual General Meeting (AGM) and proposed payment date has been scheduled for April 23, 2018 respectively.
Given the strong set of results, analysts expect to see upward revisions to consensus 2018E PBT forecast and a positive reaction from the market.
They convened at the auditorium of the Federal University of Education in Zaria for this…
A coalition of Nasarawa State Youth has called on Dr Silas Ali Agara, the former…
Former Commissioner of Finance in Benue State and President/Founder of Apa Legacy Sustainability Initiative, Dr…
"blood donation is all about saving lives. We urge people to Imbibe the spirit of…
The recent escalating dispute between the former governor of Edo, Senator Adams Oshiomhole, and the…
The United Kingdom government has advised citizens of the country against travelling to Israel, saying...
This website uses cookies.