ZENITH BANK POSTS N174BN PROFIT

Zenith Bank Plc, has posted N174 billion as its gross Profit-Before-Tax for the year ended 2017. The figure is higher than the N140 billion recorded as Profit-Before-Tax in 2016, showing an improvement of 24 per cent. Speaking at its 27th Annual General Meeting in Abuja on Friday, the bank’s Chairman, Jim Ovia revealed that the bank’s Profit-After-Tax rose by 32 per cent, from N119 billion in 2016 to N157 billion in 2017. He described the performance as impressive considering the fact that 2017 was particularly a turbulent financial year due…

Read More