Skye Bank pretax profit, dividend jump

 Skye Bank’s full-year pre-tax profit jumped to N16.51 billion, compared with N2.84 billion the previous year, the bank said in a filing with the Nigerian Stock Exchange (NSE).

Gross earnings rose to N127.73 billion from N104.36 billion a year earlier, the bank said, according to Reuters.

The bank said it will payout N6.61 billion in dividends to shareholders from the profit, compared with N3.3 billion paid out the previous year.