UBA Slashes Fraud Losses by Nearly 50%, Soars to ₦335bn Profit Milestone
United Bank for Africa (UBA), boasting a market valuation of ₦1.93 trillion ($1.29 billion) and operations spanning 20 African nations, successfully reduced its fraud-related losses...
United Bank for Africa (UBA), boasting a market valuation of ₦1.93 trillion ($1.29 billion) and operations spanning 20 African nations, successfully reduced its fraud-related losses by 45.35% to ₦288 million ($192,130) during the first half of 2025. This improvement came alongside a 6.06% rise in profit after tax, which reached ₦335.53 billion ($223.84 million), as...