One of Nigeria’s biggest banks, FBN Holdings Plc, published its 2023 second-quarter results, indicating pre-tax profits increased by five times, to N150.1 billion (Q2 2022: N29.2 billion).

Its half-year profit before tax increased by 213% to N206.2 billion from N65.8 billion during the same period the previous year due to the second-quarter profit growth.

Details to come later…