BREAKING: UBA posts 33% rise in Q1 2025 profit as interest income surges
UBA reported a 33% increase in first-quarter profit, reaching ₦189 billion. Interest income surged 36% to ₦599 billion compared to ₦440 billion last year.
UBA to raise fresh capital through sale of 10.8 billion ordinary shares
UBA plans to raise fresh capital by selling 10.8 billion new ordinary shares. The bank will prioritize existing investors in the planned share sale.
