• Most Popular
  • Most Shared

CORRECTED - (OFFICIAL)-Nigeria's Skye Bank posts full yr loss

Thu Oct 29, 2009 1:05pm EDT

(Corrects headline and first paragraph to full year, not fourth quarter, loss)

Financials

LAGOS, Oct 29 (Reuters) - Nigeria's Skye Bank SKYE.LG posted a 12.63 billion naira ($84.70 million) pretax loss in the 12 months to Sept. 30, compared with a pretax profit of 20.42 billion naira in the same period a year earlier.

Gross earnings at the bank rose 36 percent to 101.44 billion naira from 74.61 billion naira a year earlier, it said in a filing to the Nigerian Stock Exchange. (Reporting by Tume Ahemba; editing by David Cowell)



More from Reuters

A man dressed as talks on a telephone during his visit at the Benjamin Bloom National Children Hospital in San Salvador December 17, 2009.

Making the call on stocks

Looking for something special to put under your favorite investor's tree? These shares may provide the best upside surprise.  Full Article 

A customer orders food at the newly opened Island Salad restaurant in Harlem in New York December 16, 2009. REUTERS/Finbarr O'Reilly

Food fight in Harlem

In a neighborhood where hamburgers and tacos reign supreme, one entrepreneur is waging war on obesity -- one salad at a time.  Full Article