By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTBank) has increased its profit after tax (PAT) by 9.06 percent (9.06%) in its half year 2013 financial report. To record the 9.0% PAT, GTBank recorded N44.943 billion in the half year of 2012 compared to N49.105 billion recorded in the […]
Tag: Tax
Reps accuse banks of tax evasion
The House of Representatives said on Sunday that banks in the country evaded tax and engaged in other illegal conduct such as false declaration, violation of laws and “self exemption from existing rules.†The House noted that an ongoing investigation into tax collection and remittances by the banks had exposed […]
Access Bank Reports -22.38% Fall in Half Year 2013 Profit After Tax
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Access Bank Plc Wednesday announced a -22.38 percent (-22.38%) fall in profit after tax (PAT) for its 2013 Half Year Report. From the result announcement of the bank to the Nigerian Stock Exchange (NSE) and obtained by InvestAdvocate, to record the fall of -22.38% […]
