Nigeria’s Wema Bank said on Wednesday said it swung to a pretax profit of 591 million naira ($3.64 million) in the first-quarter from loss of 853 million naira in the same period last year, sending its shares higher. Gross earnings rose to 10.15 billion naira during the three months to […]
Results & Dividends
Sterling Bank up Profit 17.28% in Q1 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc Tuesday said its profit before tax (PBT) climbed 17.28 percent (17.28%) in its first quarter report for the period ended March 31, 2014. The bank said its PBT went up from N3.020 billion in Q1 of 2013 to N3.542 billion in the […]
UBA Plc Gross Earnings Up 8.16% in Q1 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa (UBA) Plc on Tuesday reported its gross earnings climbed 8.16 percent (8.16%) in its first quarter report for the period ended March 31, 2014. UBA Plc also said profit before tax (PBT) fell by 21% as it recorded N13.544 billion in […]
