Nigeria's Oceanic Bank Results with Oyinkan Adewale

(www.abndigital.com)
Nigeria's Oceanic Bank announced that swung to 2.56 billion naira pre-tax profit in the first quarter from a 14.83 billion naira loss a year ago. The bank of course being one of nine lenders rescued by the central bank in a $4 billion bailout last year. The market not reacting too positively to those numbers - Oceanic still trading limit down by the close of the session yesterday - Oyinkan Adewale, Executive Director/Chief Financial Officer of Oceanic Bank joins us now to talk us through the way forward for the bank

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News & Politics

Tags:

• Nigeria
• Oceanic Bank
• Results
• Oyinkan Adewale