Ster­ling Bank Q1 profit rises 17 %

Daily Trust - - BUSINESS NEWS -

Nigeria’s Ster­ling Bank said yes­ter­day its first-quar­ter pre­tax profit rose to 3.54 bil­lion naira ($21.8 mil­lion), up 17.3 per­cent from 3.02 bil­lion naira a year ear­lier.

Gross earn­ings at the mid-tier bank climbed to 24.62 bil­lion naira dur­ing the three months to March 31, as against 19.84 bil­lion naira in the same pe­riod of last year, it said in a fil­ing with the Nige­rian Stock Ex­change.

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