Business News

Skye Bank Targets 22 Percent ROE by 2017

Lagos (INVESTADVOCATE)-Peter OBIORA, Online Editor at InvestAdvocate in his usual manner on May 22, 2014 captured a Question and Answer Session with the management of Skye Bank Plc at its pre-annual general meeting media chat with business editors and other financial journalists. Below are excerpts of the Q & A […]

U.S. commerce Secretary, Elumelu canvass for increased US-Nigeria investments

Press Release The U.S. Secretary of Commerce, Penny Pritzker and Chairman Heirs Holdings Mr. Tony Elumelu on Wednesday called for increased US-Nigeria Investments. Both leaders spoke at a gathering of business leaders in Lagos. Pritzker, who is leading 20 American companies on an Energy Business Development trade mission to Ghana […]

Sterling Bank Awaits SEC’s Approval on N20 Billion Private Placement

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian mid-tier lender, Sterling Bank Plc is awaiting the approval of the Securities and Exchange Commission (SEC) to raise N20 billion fresh capital via private placement (PP). Abubakar Suleiman, chief financial officer (CFO) of the bank disclosed this Friday to InvestAdvocate at an analyst/investor presentation […]