Question 98
Business UnitsWhich of the following is a Public Limited Company?
- A.Nigerian Agricultural Development Bank
- B.Nigerian Industrial Development Bank
- C.Federal Mortgage Bank
- D.United Bank for Africa
- E.Federal Radio Corporation of Nigeria
Show the answer and explanation
Answer: D (United Bank for Africa)
Explanation
UBA's shares are sold to the public; the others are government-owned public corporations or development banks.