By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid tier lender, Wema Bank Plc said on Tuesday its first quarter 2015 pretax profit inched up slightly by 4.2 percent to N615.28 million from N590.74 million in the same period of 2014. Similarly, profit after tax (PAT) appreciated with the same margin of […]
Results & Dividends
Sterling Bank Grows 2015 Q1 Pretax Profit by 14%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender Sterling Bank Plc said on Monday its pretax profit for the period ended march 31, 2015 grew 14 percent to N4.042 billion N3.542 billion in the same period of last year. Profit after tax (PAT) increased 24.7 percent to N3.192 billion from N3.137 […]
ETI Proposes 1 for 15 Bonus, Increase Profit 165.7% in 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI) said on Monday it has proposed a 1 for 15 bonus issue to investors of the bank. According to ETI in its corporate action filed with the Nigerian Stock Exchange (NSE) , closure date of shareholders to benefit […]
