Nigeria's First Bank says Q3 pre-tax profit up

Thu Oct 13, 2011 12:10pm GMT

LAGOS Oct 13 (Reuters) - Nigeria's First Bank said on Thursday it grew its third quarter pre-tax profit to 49.01 billion naira ($313.16 million) in the year to September from 40.70 billion a year ago.

The Bank's gross earnings rose to 211.16 billion naira from 177.06 billion naira previously, First bank said in a statement to the Nigerian Stock Exchange. ($1 = 156.500 Nigerian Nairas) (Reporting by Oludare Mayowa; Editing by Joe Brock)

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