Browsing: CAR

Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and a sharply lower level of non-performing loans (6.1%). Its capital adequacy ratio (CAR) increased to 17.4%, giving it the much-needed buffers required to withstand financial shocks and turbulent headwinds in the coming quarters.

Following the controversial decision by CAF to replay the second leg of the CAF Champions League final between Wydad Casablanca and Esperance de Tunis, the Court of Arbitration for Sport has now confirmed the Tunisian side as champions of Africa.