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(AFX UK Focus) 2009-12-11 14:35 Nigeria's Intercontinental posts 447 bln naira loss (Interactive Investor)

LAGOS, Dec 11 (Reuters) - Nigeria's Intercontinental Bank on Friday posted a pre-tax loss of 447.45 billion naira ($3 billion) for the seven months to September, hit by exceptional items of 437 billion naira. The bank, one of nine rescued in a $4 billion bailout earlier this year, said gross earnings in the period reached 119.77 billion naira. Intercontinental is changing its financial year to ...
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Added December 11, 2009
from Yahoo Nigerian News