Zenith Bank reports N33b in Q1 profit

Nigeria's Zenith Bank said on Monday its first quarter pretax profit rose 14.5 percent year-on-year to 33.12 billion naira ($166 million).

Turnover also rose to 113.32 billion naira compared with 94.32 billion naira the previous year, the bank said in a statement without giving a reason for the increase in earnings. ($1 = 198.95 naira)

Reuters
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