The Board of United Bank for Africa (NGX: UBA) has approved its 2021 financial year result and a final dividend. The information was contained in a corporate release posted on the exchange and signed by the Group Company Secretary, Bili A. Odum.
The Bank had on January 21, 2022 notified The Nigerian Exchange and the Investing public of the Board Meeting slated on 14th February, 2022.
At the meeting, the Board considered and approved the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2021, and payment of a final dividend, subject to the approval of the Central Bank.
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About the Company
United Bank for Africa Plc. (the “Group”) is a Nigerian registered company incorporated on 23 February 1961 to take over the business of British and French Bank Limited (BFB).
UBA listed its shares on the Nigerian Stock Exchange (NSE) in 1970 and became the first Nigerian bank to subsequently undertake an Initial Public Offering (IPO).
The Bank and its subsidiaries are primarily involved in corporate, commercial and retail banking, trade services, cash management, treasury and custodial services.
The company’s registered address is at 57 Marina, Lagos, Nigeria.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
