UBA SURPASSES N1TRN MARKET CAPITALISATION MARK, EMERGES BEST PERFORMING BANKING STOCK IN 2023

Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the close of trading on Monday, the Bank’s market capitalization hit N1,022,562,698,843, making it the 3rd most capitalized financial institution in Nigeria, a remarkable lift from N283.8bn at the beginning of the 2023. The Bank has 34,199,421,366 shares in issue, UBA’s N1tn market capitalisation mark comes amidst the bank’s share being named as the highest performing…

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