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Sterling Bank posts 16.3 % growth in Q1 2012

By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc Thursday reported a 16.3 percent (16.3%) growth in Profit After Tax (PAT) for the First Quarter Report for the Period Ended March 31 2012. From the Result Announcement of the Bank to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and made available to […]

Nigeria’s Dangote eyes London listing by Q3 2013

Nigerian billionaire Aliko Dangote said on Thursday he was aiming to list his $11 billion cement company on the London stock exchange by the third quarter of 2013. “If the market is good by next year, we will hit the market, sometime. Maybe third quarter … we will try,” he […]

Sony reports record annual loss

Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. The electronics and entertainment company, which also makes “Spider-Man” movies, reported […]