Tag: First Bank

First Bank’s Q1 profit up by 29%

First Bank of Nigeria Plc has announced a 29 per cent increase in its profit before tax to N31.4bn for the first quarter ended March 31, 2013. A statement by the bank on Monday said the bank’s gross earnings stood at N99.5bn, representing an increase of 13.5 per cent year-on-year, […]

Nigeria’s First Bank Q1 pretax profit up 29 pct yr-yr

Nigeria’s First Bank Group’s first quarter pretax profit rose by 29 percent year-on-year to 31.41 billion naira ($198.8 million), from 24.36 billion naira in the same period last year, the company said on Thursday. Gross revenues rose to 99.47 billion naira during the period, compared with 87.62 billion naira the […]

Fidelity Emerges Nigeria’s healthiest Bank-The Banker Magazine

By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc has emerged Nigeria’s Healthiest Bank by The Banker Magazine, a publication of Financial Times of London in its current ranking of the global top 1000 Banks. The Banker Magazine affirmed that in the ranking report that two (2) Nigerian Banks featured in the Capital […]