By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]
Tag: Sterling Bank Plc
Nigerian Bourse Remains Positive, Gains 0.02%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note as all-share index (ASI) gained 0.02 percent to close at 23,981.09 basis points, while market capitalisation increased by N1.37 billion to N8.25 trillion, according to Cordros daily market update. Today’s marginal gain extended the Month-to-date […]
Sterling Bank Names Michael Jituboh Non-Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Sterling Bank Plc on Friday said it has appointed Michael Jituboh as non-executive director on its board; Jituboh is currently the executive director, Special Projects of Globacom Limited, according to Sterling Bank in a notice to the Nigerian Stock Exchange (NSE). The Bank says he worked […]