Revealed: How 5 banks gained N103.78bn in 6 months Motolani Oseni, Lagos
A total of five out of 16 quoted commercial banks on the floor of the Nigerian Stock Exchange (NSE) have recorded total profit of N103.78 billion in the first six months of 2018. This amount represents N23.67 billion or 29.6 per cent increase reported by
the five banks in six months of 2018 when compared to N80.11 billion profit recorded by the same banks in the same period of 2017. The five banks are First City Monument Bank Group, Ecobank Transnational Incorporated Plc, FBN Holdings Plc, Wema Bank Plc and Union Bank of Nigeria Plc. Continued on page 3
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MONDAY, JULY 30, 2018
VOL. 3
NO. 712
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Lawmakers’ defection won’t affect Buhari’s reelection- Presidencyg 5 Buhari sends 1000 military force, fighter jet after Zamfara bandits g 9
Health Minister recalls 2.4m bottles of cough syrup with g 5 codeine
‘New EFCC Hqrts, best anti- graft office in the world’ g 9
L-R: Special Adviser to the President on Political Matters, Senator Babafemi Ojudu; Minister of State, Federal Ministry of Industry, Trade and Investment, Hajia Aisha Abubakar; President, Aliko Dangote Group, Alhaji Aliko Dangote and Managing Director, PZ Wilmar (West Africa), Mr Santosh Pillai, at Nigeria Food Processing and Nutrition CEO Forum in Lagos at the weekend.
I was arrowhead of APC merger as Buhari never wanted Tinubu – Buba Galadima g
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