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Nigerian tycoon Tony Elumelu’s UBA posts $189.6-million profit in H1 2024

Simon Osuji by Simon Osuji
September 30, 2024
in Business
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Nigerian tycoon Tony Elumelu’s UBA posts $189.6-million profit in H1 2024
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Nigerian tycoon Tony Elumelu’s UBA posts $189.6-million profit in H1 2024

































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The double-digit decline in profits can be attributed to UBA’s higher expenses, coupled with a drop in trading and foreign exchange gains.

Tony Elumelu

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Luxury apartments worth $7.7 million handed over by firm linked to Kenyan billionaire heiress Mary-Ann Musangi

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Zimbabwean tycoon Zed Koudounaris’ Innscor posts $48.2-million profit in 2024

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Innscor Africa reports robust 2024 financial performance driven by robust performances across its primary business lines.

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