Thursday 16 April 2015

Nigeria's Stanbic IBTC Holdco Q1 pretax profit falls 46 pct

 
Stanbic IBTC Holding Company , a unit of South Africa's Standard Bank, said on Thursday its first quarter pretax profit fell 46 percent to 4.81 billion naira ($24 million) versus the same period last year.


Stanbic did not give a reason for the decline in profit but said in a statement that revenue rose to 33.73 billion naira for the period to end-March from 30.22 billion naira a year ago.

No comments:

Journalist Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation

Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...