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The Pension Fund Administrators have recorded N7.98tn profit from investing contributions made by workers into their Retirement Savings Accounts under the Contributory Pension Scheme, according to a new report.
Wema Bank said its profit after tax rose by 97 per cent in the first half of 2023 financial period to N10.48bn from N5.30bn in H1, 2022. It disclosed this in its unaudited financial statements for the period ended June 2023, filed on the Nigerian Exchange Limited. The bank achieved improved performance including gross earnings of N89.09bn, a year-on-year increase of 49 per cent (H1, 2022: N59.59bn). Interest income went […]
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