This is a big response. The Central Bank of Nigeria wants banks to have a paid-up capital of N500 billion. But here, one bank made a profit after tax of N677 billion in one year.
Good People, there is something fundamentally intriguing about Nigeria. Yes, it is so wide apart that you may not know you are in the same country. The country of Zenith Bank which closed on N677 billion and one of Unity Bank which declared billions in losses.
I read one book – Acres of Diamonds – and I realized that the diamonds I am looking for may be right before me. Yes, we often dream of fortunes to be made elsewhere even though opportunities may be around the corner. I am not here to debate and against bank profits (I have written about them in the past), I am here to tell everyone that promises remain for the future.
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May Zenith Bank’s alpha give you energy to keep pushing…
Zenith Bank Declares N676.91bn Profit After Tax (PAT) for FY 2023, GTBank’s GTCO N539.655bn
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