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Nigeria's FCMB Q1 pretax profit rises 15 pct to 5.5 bln naira
April 29, 2014 / 12:21 PM / 3 years ago

Nigeria's FCMB Q1 pretax profit rises 15 pct to 5.5 bln naira

LAGOS, April 29 (Reuters) - Nigeria’s First City Monument Bank said on Tuesday its pretax profit grew 15 percent to 5.56 billion naira ($34.52 million), compared with 4.83 billion naira the same period last year.

Gross earnings also rose by 8 percent to 33.81 billion naira from 31.41 billion naira a year earlier, the bank said in a filing with the Nigerian Stock Exchange.

$1 = 161.05 Naira Reporting by Oludare Mayowa, editing by William Hardy

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