In separate filings on the Nigerian Stock Exchange (NSE) on Thursday, Zenith and Unity banks declared increases in pretax profit for the first quarter (Q1).
Zenith Bank said its first-quarter pretax profit rose to N28.91 billion ($179 million), up from N28.87 billion in the same period last year.
Gross earnings at the top tier lender rose 8 percent year-on-year during the three-month period to N94.32 billion.
Unity Bank increased first-quarter pretax profit 26 percent to N3.14 billion ($19.42 million) from N2.49 billion in the same period of last year.
Gross earnings rose to N14.97 billion during the three-month period, against N13.98 billion a year ago.

