FirstRand Ltd. (FSR), South Africa’s second-largest lender, said it’s expanding corporate banking in Nigeria to take advantage of surging growth in the continent’s most populous nation. “We are growing into commercial banking in Nigeria,” Sizwe Nxasana, chief executive officer of FirstRand, said in a phone interview from Johannesburg today, adding […]
Business News
Apple Chief Financial Officer Peter Oppenheimer to Retire in September
Apple’s chief financial officer Peter Oppenheimer will retire at the end of September, having worked at the California company for 18 years. Oppenheimer, who joined the company in 1996 and has worked as CFO since 2004, will be replaced by Apple’s current vice president of finance, Luca Maestri, who will […]
Ecobank shareholders pass governance action plan, CEO stays
* Meeting agenda did not contain resolution on Tanoh * CEO must step down, says bank’s top shareholder * Tanoh took over as CEO in Jan. 2013 (Adds quote, context) Ecobank shareholders passed a governance action plan to address criticism by Nigeria’s securities regulator at an extraordinary general meeting […]

