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Business Nigeria: Unity Bank Records Huge Leap in Pretax Profit



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Nigeria's Unity Bank on Friday reported a huge leap in its pretax profit for the first nine months of its financial year, Reuters say.

The bank's pretax profit reportedly jumped to 12.01 billion naira ($73.13 million) from 1.20 billion naira in the same period last year.

Revenue also rose to 48.77 billion naira from 45.39 billion last year, it said in a filing with the Nigerian Stock Exchange.

#Reuters #Nigeria #Unity