Nigerian FCMB bank's yearly profit rises 154 pct

Wed Aug 27, 2008 10:31am EDT

 LAGOS, Aug 27 (Reuters) - Results of Nigeria's First City
Monument Bank (FCMB) (FCMB.LG> for its full-year to April 30,
2008, as released by the financial institution on Wednesday:
 (In millions of naira)
                       2007/08     2006/07
 Gross earnings         52,818      24,973
 Profit after tax       15,109       5,949
 
 NOTE - The directors have proposed a dividend of 0.50 naira
per share held by shareholders in the books by Sept. 26, 2008.
 (Reporting by Oludare Mayowa)


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