Tag: Sterling Bank

Customers can now transfer foreign currency — Banks

January 17, 2016/Punch Deposit Money Banks in the country are now allowing customers to transfer foreign currency cash deposits made into their domiciliary accounts. The announcement from the banks started coming in four days after the Central Bank of Nigeria lifted the ban on foreign currency deposits. The CBN had […]

Sterling Bank Q3 Post- Tax-Profit Up by 12.9%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc Thursday said its profit after tax (PAT) grew by 12.9 percent (12.9%) for the third quarter (Q3) report for the period ended September 30, 2013. According to the bank in its result announcement to the Nigerian Stock Exchange (NSE) in Lagos Nigeria, […]

X-Compliance Report: NSE Fines Sterling, First Bank N3.42 million

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) has fined Sterling Bank Plc and First Bank of Nigeria Plc (FBN) a total of N3,423,000 million for breaching the provisions of its listing rules. The NSE in its X-Compliance Report dated August 02, 2013 said Sterling Bank was […]