#TikTok's Parent ByteDance is Worth More Than the Top 10 Nigerian Banks Combined
ByteDance, the parent company of short-video app TikTok, generated $5.6 billion in revenue for the first-quarter of 2020, Reuters reports. This figure represents 130% growth in revenue year-over-year for the China-based company, which is now reportedly worth more than $100 billion.
Top 10 Banks in Nigeria by Profit After Tax in 9-months (Jan – September, 2020)
Zenith – N159.3bn GTB – N142.3bn Access Bank– N102.3bn UBA – N77.1bn First Bank– N68.2bn Stanbic– N66.2bn Fidelity – N20.4bn Union Bank– N15.1bn FCMB – N13.9bn Sterling– N7.4bn
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