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How 13 banks posted N118b PBT in three months

A total of 13 Deposit Money Banks (DMBs) have declared a total of N118 billion as Profit before Tax (PBT) in three month of 2016 (Q1 2016). According to our correspondent checks, the PBT declared by these 13 DMBs dropped by 13.4 percent or N18.2billion recorded in prior first quarter of 2015. Surprising, Union Bank […]