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Audited result for the 10 months ended 31st December 2008 shows Gross Earnings of N104,120 million as against N81,496 million in the 12-month ending February 29, 2008. Profit after tax stood at N28,316 million compared with N21,169 million in 2008. The bank changed its Accounting year end from February 28 to December 31 in 2008 to conform to the Common Year-end Policy for Financial Institutions. The Board of Directors is recommending a dividend of N1.00 per share and bonus of 1 for 4. The date of closure of register of members is May 6, 2009 while payment date is May 20, 2009. The 19th Annual General Meeting is scheduled to hold at Shell Hall, Muson Centre, Marina, Lagos on Wednesday, May 20, 2009.

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