Business Nigeria's Wema Bank swings to pretax profit of 563 mln naira - Reuters

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Oct 17 (Reuters) - Nigeria's Wema Bank said it had swung to a pretax profit of 563 million naira in the first nine months of the year, compared with a loss of 1.785 billion naira a year ago, the bank said on Thursday.

The regional lender said gross earning rose to 26.3 billion naira in the nine months to September 30, as against 21.6 billion naira in the same period of last year.

Wema Bank gained 2.4 percent to 1.28 naira per share. It has gained 140 percent since the start of the year.

Reuters
http://www.reuters.com/article/2013/10/17/nigeria-wemabank-idUSL6N0I734Q20131017

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