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Ecobank reports N52.6bn after tax loss in 2016

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Ecobank Transnational Incorporated (ETI) has announced a loss after tax of N52.6 billion in 2016 from N21.52 billion reported in 2015. The lender in its 2016 financial statement released to the Nigerian Stock Exchange (NSE) in Lagos today shows that gross earnings down by 6 percent to $2.6 billion. Its operating profit before impairment losses ...

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