profits and losses Archives

Despite FX loss, Nigerian Breweries records improved net sales revenue

Net foreign exchange loss of N70.6 billion in the second quarter (Q2) created a net loss of almost N37 billion for Nigerian Breweries Plc in Q2 and extended the company’s

Union Bank reaps windfall, lifts profit by 127% to N12.6bn in Q1

Union Bank of Nigeria Plc reaped a windfall of N17.9 billion from net trading gain in the first quarter (Q1), which powered an outstanding growth of 127.6 percent in after-tax

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UBA grows profit to N170bn in 2022 — strongest increase in nine years

United Bank for Africa (UBA) gained much speed on earnings growth in 2022 with after tax profit advancing by 43.5 percent to N170.3 billion, a growth record unmatched any time

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