Tag: FirstRand

INTERVIEW-Nigeria to expand stock exchange range to lure investors

Thu Feb 11, 2016/Reuters By Chijioke Ohuocha and Ulf Laessing Nigeria’s stock exchange, Africa’s second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. “We would like to give exposure to asset classes that we are not […]

FirstRand has $1 bln to fund Africa growth plan

* FY earnings rise 20 pct, interest income up 13 pct * Impairments fall 5 pct to 4.8 billion rand * Diluted normalised EPS 271.8 cents vs 225.8 cents * Shares up 1.7 pct (Adds CEO, analyst quotes) South Africa’s FirstRand , Africa’s second-largest lender by stock market value, said […]