Jaiz Bank posts N979 million first-quarter profit

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Profit before tax increased significantly by 54 per cent which amounted to N979.17 million as against N636.69 million recorded...

In its financial result reported to the Nigerian Stock Exchange, the bank said its revenue rose from N4.18 billion in 2020 during the same period to N5.99 billion for the period ended March 31.

“The consistent earnings result is obviously reassuring to all stakeholders and the investing public that the Bank will brace the tape strongly at the end of the current financial year in December 2021,” the bank said in a statement.

 

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