Citigroup Inc Chief Executive Vikram Pandit has resigned, effectively immediately, a shock change at the top of the bank just one day after surprisingly strong quarterly results. A statement on Tuesday from Chairman Michael O’Neill said Michael Corbat, previously chief executive for Europe, Middle East and Africa, would succeed Pandit […]
Uncategorized
NSE overheads hit N1.72bn in 2011
The Nigerian Stock Exchange recorded increased overheads and operating expenses at the end of the 2011 financial year, with staff related costs rising to N1.724bn. The Exchange’s overheads, which stood at N1.354bn at the end of the 2010 financial year, rose by N37m or 27.3 per cent to close at […]
UBA Returns Impressive Q3 Results, PBT Grows by 376% to N44.866Bn
Press Release The impressive returns by the United Bank for Africa Plc continued into third quarter of 2012, with a strong performance characterized by improvements in all key financial indicators as noted in the third quarter financial results released on Monday October 15, 2012. The Bank in its un-audited financial […]
