BUSINESS

FirstBank Share Price Appreciates By 1.8% As Market Cap Closes Week At N402bn

FirstBank of Nigeria share price has appreciated by 1.8% as its market capitalization closed the week at N402 billion, gaining a total of N7.17 billion week-on-week.

The bank’s earnings report for the 9-month ended 30th September 2022, showed that interest income grew by 45.3% Y-o-Y to N144 billion from N99 billion recorded in the same period of 2021.

NewsBeatng  reports that profit after tax grew by 1155% Y-o-Y to N34 billion during the period under review, from N2.7 billion.

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