Zenith Bank hikes dividend as profit beats expectations

Zenith Bank hikes dividend as profit beats expectations

Zenith Bank plc has raised its dividend as full-year profit beats analysts’ expectations, thanks to gains from foreign currency revaluation gains. The lender said pretax profit for the period ended December 2016 rose 24.78 percent to N156.74 billion, from N105.66 billion the previous year. Net income was N129.15 billion, beating the N110 billion estimates of…

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