UBA Nigeria Plc, one of Nigeria’s oldest and largest banks, reported its audited accounts for 2023, revealing gross earnings of N2 trillion, a significant increase from N835 billion just a year earlier.
This achievement marks the bank’s highest gross earnings on record and ranks as one of the highest in the banking sector for 2023.
Following this remarkable top-line performance, the bank announced a profit after tax of N607.696 billion in 2023, which represents a 257% surge from N170.277 billion in 2022.
This performance not only sets a record for the bank but also ranks among the top two best results observed so far.
Source: Nairametrics
