Tag: Profit

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 […]

Enterprise Bank Declares Impressive Profit of N11.3 billion

Press Release Enterprise Bank Limited rose from its first Annual General Meeting (AGM) during the week and announced an impressive performance with a profit-before-tax of N11.3billion. Enterprise Bank is one of the bridge banks that emerged on August 5, 2011 following the takeover by the Nigeria Deposit Insurance Corporation (NDIC) […]