Nigeria: Wema Bank Reports N1.8 Billion Loss in 2012

7 January 2013

The 2012 third quarter report of Wema Bank that was released recently, showed that the bank's gross earnings reached N19.8 billion, up 14.1 per cent from N17 billion made over the corresponding period in 2011.

It however reported that it had a drop in its investment income of 63 per cent, which led to losses before and after tax.

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