Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

United Bank Africa Gains 9th Day After Forecasting Higher Net

United Bank for Africa Plc, a Nigerian lender with operations in 19 countries, rose for a ninth day after forecasting higher first-half profit.

The stock gained 17 kobo, or 4.8 percent, to 3.74 naira by 10:59 a.m. in Lagos. A close at this price would be the highest since Oct. 13. The shares have advanced 44 percent this year.

Profit after tax for the six months through June is expected to be 26.6 billion naira ($169.3 million), with gross earnings of 113.4 billion naira, the Lagos-based lender said on the Nigerian Stock Exchange’s website today. The bank, known as UBA, didn’t give year-earlier figures. First-half net income last year was 8.2 billion naira, according to data compiled by Bloomberg.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.