ZENITH BANK RECORDS N166.8BN GROSS EARNINGS IN Q1 2020

Zenith Bank Plc said it recorded  gross earnings of N166.8 billion for the  first quarter ended March 31st  2020 (Q1’2020), representing six percent increase from N158.1 billion in the corresponding quarter of  2019 (Q1’2019). The bank disclosed this in the unaudited statement of account presented to the Nigerian Stock Exchange (NSE), saying that the growth in gross earnings was driven by the 43 percent expansion in non-interest income to N46.6 billion in March 2020 from N32.7 billion in the prior-year period. The bank’s profit before tax also rose three percent…

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