FBN Holdings annual profit more than doubles to N310 billion but credit quality worsens
FBN Holdings, the parent company of Nigeria’s oldest bank FirstBank, attained an all-time peak in its profit level last year after a big bulge in interest income helped net profit jump 127.6 per cent to N309.9 billion. The group’s unaudited earnings report hit the market Thursday, a day after its second-biggest shareholder, Femi Otedola, was … Read more
