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UBA, Access Bank, 10 Others Make Over N334bn Profit In Q1 2022, Pay N53bn Tax - Business - Nairaland

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UBA, Access Bank, 10 Others Make Over N334bn Profit In Q1 2022, Pay N53bn Tax by GreatAustin: 5:30pm On May 04, 2022
UBA, Access Bank, 10 others make over N334bn profit in Q1 2022, pay N53bn tax

At least twelve Nigerian banks recorded great profits in the first quarter of 2022, as they report a profit of N334 billion before tax.

This was an increase of 13.7per cent when compared to N293.5 billion reported in the first quarter of 2021.

The banks, however, paid N52.4 billion tax to the federal government account leaving them with a profit of N281.56 billion after tax.

https://newsvilleng.com/uba-access-bank-10-others-make-over-n334bn-profit-in-q1-2022-pay-n53bn-tax/

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