Victor Osadolor - CFO, UBA - Results

Nigeria's United Bank for Africa announced this past Friday that its net profit dropped to 6.8 billion naira - that's $45.4 million - in the nine months to the end of June, making it a 76% decline. While gross earnings rose to 160.5 billion naira in the period from 120.2 billion last year, the bank said it had made a provision of 21.28 billion naira for exceptional items as well as a 1.44 billion naira provision for other loan losses. Taking us through the numbers and provide some insight into what we should be expecting as we move forward - Victor Osadolor CFO at UBA from Lagos Nigeria.

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