Nigeria’s UBA 2014 pretax profit up marginally

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LAGOS Nigeria’s United for (UBA) said on Thursday its 2014 pretax rose marginally by 0.26 percent 56.20 billion naira ($282 million) compared with a year ago.

It said revenue rose to 290 billion naira in the period to December 31, from 264.68 billion naira a year ago. UBA cut its 2014 dividend payment to 0.10 naira per share, down from 0.50 naira it paid a year earlier.($1 = 199.00 naira) (Reuters)
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