Zenith Bank has released its annual report for the 2022 financial year with all key income streams recording reasonable increase and revenue closing in on the N1 trillion mark.
The lender’s audited annual report however indicate that the net profit of Nigeria’s biggest bank by market value failed to keep pace with that of revenue as record inflation levels in the country pushed costs steeply up.
Similarly, gross earnings for the year jumped by roughly one fourth to N945.6 billion.
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