financial institution report

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    Business UBA Records High Profit in First Quarter of 2016

    The United Bank for Africa (UBA) has reported that its after-tax profit rose marginally in the first quarter of this year, according to a statement released on Tuesday. UBA said its after-tax profit rose 0.18 percent to N16.98 billion in Q1 2016 compared with N16.96 billion in Q1 2015. The...
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    Business GTBank's Profit Dropped By 6% in 1st Quarter of 2016

    Guaranty Trust Bank, one of Nigeria’s largest banks, has recorded a 6 percent drop in pre-tax profit in the first quarter ended March 31, 2016. GT Bank said in a statement on Wednesday that its pre-tax profit fell to N30.68 billion in Q1 2016 compared with N32.65 billion profit the bank...
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    Business First Bank's Profit Dropped by 82% In 2015

    First Bank of Nigeria Holdings, a leading Nigerian financial services group, released on Tuesday its financial statement for the 2015 full year ended December 31, 2015. The company said its after-tax profit fell 82 percent year-on-year to N15.1 billion in 2015 compared with N84 billion...