Nigeria's UBA says profit more than doubles

LAGOS (Reuters) - Shares in Nigeria's United Bank for Africa (UBA) rose to near the maximum allowed after the lender said pre-tax profit for the first half of the year more than doubled to 31.84 billion naira. Shares in UBA, a top tier bank, rose 4.89 percent to 4.29 naira by 1106 GMT, almost the maximum five percent limit, to value it at around 141 billion naira and help lift the all-share ...
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Added July 11, 2012
from Yahoo Nigerian News