April 8, 2011 / 2:50 PM / in 6 years

Nigeria's Skye Bank 2010 profit soars

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LAGOS, April 8 (Reuters) - Nigeria's Skye Bank (SKYEBAN.LG) said on Friday its 2010 pre-tax profit soared to 12.7 billion naira ($82 million) from 845 million the previous year.

The mid-tier lender said gross earnings declined 36 percent to 84 billion naira during the period. It proposed a 0.40 naira dividend. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Chijioke Ohuocha; Editing by Nick Tattersall)

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