The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has warned that a fall in oil price will cause a lot of problems for the country. Sanusi said in New York on Friday, “There will be a very bad day and a lot of gnashing of teeth if […]
Author: InvestAdvocate
Sterling Bank grows net profit by 60% to N7b
Sterling Bank Plc delivered a roundly impressive performance in 2011 as net profit rose by 60 per cent to N6.7 billion, placing the bank as one of the best-performing banks in a period characterised by lower earnings. Audited report and accounts of Sterling Bank for the year ended December 31, […]
First Bank Staffers Implicated In Theft Of N110million Pension Fund
The theft of a total sum of N110 million pensioners’ money by three workers at the Accounts Department of the Federal Civil Service Commission (FCSC) occurred with the connivance of some First Bank of Nigeria Plc staffers, according to emerging revelations. In a statement to the EFCC, the Bank’s business […]

