Zenith Bank has declared a profit after tax of N95.8bn for the financial year ended December 31, 2012, an increase of 132 per cent when compared to N41.3bn recorded in the same period of 2011. During the review period, total assets of the bank grew by 12 per cent, from […]
Tag: Tax
‘Nigerian companies pay one-third of profits as taxes’
A recently released report titled, Paying Taxes 2012 Study, has revealed that Nigeria now ranks 138 out of 183 economies on the ease of paying taxes compared to a ranking of 134 in the previous year. This, according to the report, means that in Nigeria, a medium size company on […]
