October 12, 2016/The Nation •Lender eyes N65b in serial bond issuance Sterling Bank Plc has secured regulatory approval to raise about N8 billion in new capital as a first step in a large new capital issuance through which the bank seeks to raise a total of N65 billion. A regulatory […]
Updates
UBA Grows Profit To N62 Billion In Nine Months
October 12, 2016/UBA Plc Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. […]
Petroleum Technology Association of Nigeria Announces Details of Inaugural West African International Petroleum Exhibition and Conference in Feb’ 2017
October 11, 2016/West African International Petroleum Exhibition and Conference The Petroleum Technology Association of Nigeria (PETAN) has announced the launch of the inaugural West African International Petroleum Exhibition and Conference (WAIPEC) (www.WAIPEC.com) taking place 21-23rd February 2017 at the Eko Convention Centre, Lagos, Nigeria. PETAN has created WAIPEC as part […]
