Ecobank posts N735.9bn profit

Ecobank Transnational Incorporated has reported a profit after tax of N735.9bn for the 2024 financial year, marking a 179 per cent increase from N263.5bn recorded in the previous year.

According to its financial statement released on the Nigeria Exchange Limited on Thursday, Ecobank’s gross earnings rose by 131 per cent to N4.22tn in 2024, up from N1.83tn recorded in the previous year. This increase was driven by higher interest and…