Browsing: Economy

Despite a challenging macroeconomic environment exacerbated by the COVID-19 pandemic, the Group’s gross earnings rose by 5 per cent to N696.5 billion from N662.3 billion reported in the previous year, with an 8 per cent growth in non-interest income from NGN232.1 billion in 2019 to NGN251.7 billion in 2020 and a 1 per cent increase in interest income from N415.6 billion in 2019 to N420.8 billion in 2020