The Deposit Money Bank reported a Profit Before Tax of N102.3 billion, reflecting an impressive growth of 461.1 percent.
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This was revealed in a statement signed by Somuyiwa Sonubi, the bank’s company Secretary, on Thursday in Lagos.
The companies whose accounts were domiciled with ten commercial banks in Nigeria are Sun Sam A1 International Limited, Sun Sam International Limited and Sunchrist O. Trans Nigeria Limited.
The Federal Government has began criminal investigation into alleged misappropriation of two billion dollars worth of Atlas Mara’s Union Back Plc shares owned by 65,000 shareholders, News Agency of Nigeria reports.
The confirmation of the ownership of the money by the bank was contained in a letter to the Central Bank of Nigeria by the Bankers Warehouse Limited
Bulldozers moved in early on Monday for the commencement of the demolition of the structures
The 14 banks in this report, controlling over 90 per cent of the Nigerian financial market, recorded N368.3 billion impairment losses for the Q3’17, representing an increase of 8.0 per cent from N341.1 billion in corresponding third quarter,Q3’16