UBA Board Approves Payment of Interim Dividend

By Modupe Gbadeyanka

The board of directors of United Bank for Africa (UBA) Plc has announced the approval of its 2017 half year results and reports.

In a statement issued on Thursday by the bank, it was disclosed that the board also approved the payment of an interim dividend, subject to the approval of the Central Bank of Nigeria (CBN).

The lender, in the statement signed by its Secretary, Mr Bili Odum, said as soon as it gets the apex bank’s approval, it would forward its financial statements to the Nigerian Stock Exchange (NSE).

“Please be informed that the board of United Bank for Africa (UBA) Plc, at its meeting of Thursday, July 20, 2017, considered and approved the 2017 half year results and reports and payment of an interim dividend, subject to the approval of the Central Bank of Nigeria (CBN).

“Further to the above, kindly be advised that the Nigerian Stock Exchange (NSE) would be immediately notified upon receipt of the approval of the CBN of the 2017 half year results and reports,” the statement said.