By Agency Reporter Friday, 3 Dec 2010 Standard Bank Group Limited, Africa‘s biggest lender, said full-year profit might fall by as much as 12 per cent as revenue came under pressure and it incurred ”substantial” costs to cut 1,745 jobs. Earnings per share in the year to December 31 are expected […]

By Stanley Opara with agency report Friday, 3 Dec 2010 FirstRand Limited, South Africa‘s second-biggest financial-services company, said it planned to expand in Nigeria, Tanzania, Angola, Ghana and Kenya through acquisitions and internal growth. The Chief Executive of the company, Mr. Sizwe Nxasana, said in Johannesbourg, on Thursday, that it was […]

By Agency Reporter Friday, 3 Dec 2010 The Bank of Agriculture said it had disbursed N38.7bn within the last nine years. The Managing Director of the bank, Alhaji Mohammed Santuraki, disclosed this in Kaduna when a supervision team, comprising consultants and officials of the Federal Government and the Internatiobnal Fund for […]