The Board of Directors of United Bank for Africa (UBA) has scheduled a board meeting to approve the group’s unaudited financial results. The board meeting will take place in Abuja on Thursday, 17th October 2019 by 9:00 am.
This was disclosed to newsmen in a statement signed by the Company’s Secretary Bili Odum. The statement was duly obtained by Financial Metrics Nigeria.
The scheduled Board meeting is a partial fulfillment for listed companies on the Nigerian Stock Exchange. They are obliged to meet, consider and approve their unaudited financial accounts at the end of every quarter. After obtaining the listed companies Board of Directors’ approval, the unaudited accounts will be forwarded to CBN for final approval.
Financial Metrics Nigeria garnered that the lender’s board will approve its Q3 unaudited accounts for the period ended 30th September 2019. They will also consider and approve its financial statements.
Financial Metrics Nigeria reports that UBA shares went down by 0.81% on Monday 30th September 2019 to close at N6.15.