United Bank for Africa Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net interest income was NGN 119,630 million compared to NGN 84,869 million a year ago. Net income was NGN 50,416 million compared to NGN 38,933 million a year ago.

Basic earnings per share from continuing operations was NGN 1.47 compared to NGN 1.14 a year ago.