UBA Record 256.89% Profit Jump To N607.7b FY 2023

United Bank For Africa Plc (UBA) has recorded a profit jump of 256.89 percent from N170.277 billion in 2022 to N607.696 billion for the financial statements for the year ended 31 December 2023.

This is contained in a notice to the Nigerian Exchange Limited that interest income also witnessed a jump from N557.152 billion in 2022 to N1.075 trillion while deposits from customers appreciated to 14.891 trillion from N7.825 trillion in 2022.