Sterling Bank 9-month pretax profit rises 41 percent

Nigeria’s Sterling Bank said on Monday its 9-month pretax profit grew 41 percent to 8.5 billion naira ($51.67 million) from 6.01 billion naira a year earlier.

Revenue also rose to 73 billion naira in the nine month to Sept. 30, from 65.12 billion naira in the same period last year, the bank said in a filing with the Nigerian Stock Exchange.

Reuters