UBA mgt. approves 2020 FY, dividend payout to shareholders

By Kayode Tokede

The management of United Bank for Africa Plc (UBA) met on Tuesday and approved the Group audited consolidated results for year ended December 31, 2020 and dividend payout to shareholders of the bank.

The Group Company Secretary, UBA, Mr.  Bili  Odum in a statement to the Nigerian stock Exchange (NSE) on Wednesday, said, “Please refer to the announcement dated January 12, 2021 which notified the NSE and the investing public of the board meeting of UBA Plc.

“Please be informed that the Board of UBA at its meeting which held on Tuesday, January 26, 2021 considered and approved the group audited consolidated & separate financial statements for the year ended December 31, 2020 and payment of a final dividend, subject to the approval of the Central Bank of Nigeria (CBN).

“Further to the above, kindly be advised that the NSE and the investing public would be immediately notified upon approval of the group audited consolidated & separate financial statements for the year ended December 31, 2020.”