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Tier 2 banks rake in N228bn to account for 29% industry profits

Seven tier 2 banks in the country realised N228.32 billion profits after tax (PAT) in 2018 as against N140.11 billion in 2017 thus leading to an increase in their share of the banking industry profits last year. Their portion of the banking industry profits rose to 29 percent in 2018 up from 23 percent in…

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