Nigeria’s Stanbic IBTC Says 9-month Profit  Up 126%

Nigeria’s Stanbic IBTC Holdings said on Tuesday its nine month pretax profit rose by 126 percent to N20.33 billion  ($128.22 million), up from 9.01 billion naira in the same period last year.
Gross earnings at the Nigerian unit of South Africa’s Standard Bank rose to N82.92 billion  during the nine months to September 30, against N64.03 billion  last year, the bank said in a filing with the Nigerian Stock Exchange. 

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