Sterling Bank reports rise in full-year profit
By CNBC
05 April 2019 |
1:41 pm
Nigerian Tier-2 lender, Sterling Bank reported a 15 per cent rise in its full-year profit after tax to 9.2 billion naira. Abubakar Suleiman, Managing Director and CEO of Sterling Bank join CNBC Africa to break down the numbers.
In this article
Related
14 Jun 2020
Here is why you should pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Monday.
7 Jul 2020
No doubt Nigeria's currency has come under pressure in recent months; the Central Bank of Nigeria says it is working towards the gradual unification of exchange rates. But what does the CBN's recent move in asking lenders to bid for dollars at 5 per cent above the official rate mean for the markets going forward? Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.
6 Aug 2020
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
11 Aug 2020
Property worth Millions of Naira destroyed as flood hits Zamfara
23 Sep 2020
West Africa's aspirations for a single currency hit a setback after its leaders met in Niamey for a one-day summit earlier this week and passed a resolution to delay the proposed adoption until all critical issues are resolved.
18 Nov 2020
Nigeria’s bond market traded with bearish undertone as players reacted to the bond auction calendar for the 4th quarter, and the circular by the National Pension Commission where the commission said it had concluded arrangement for the take-off of the RSA transfers. Adamma Mbachu, Team Lead of Currency Trading at Access bank speaks to CNBC Africa for more.
23 Nov 2020
Nigeria’s bond market traded with bearish undertone as players reacted to the bond auction calendar for the 4th quarter, and the circular by the National Pension Commission where the commission said it had concluded arrangement for the take-off of the RSA transfers. Adamma Mbachu, Team Lead of Currency Trading at Access bank speaks to CNBC Africa for more.
12 Jan 2021
Kugbo fire: Goods worth Billions of naira destroyed in Abuja
21 Jan 2021
Properties worth 32.12 Billion Naira destroyed in 2020 - Fire Service
16 Feb 2021
Nigeria’s antinarcotics agency, the NDLEA, appears to have been invigorated by the appointment of Mohammed Buba Marwa as its new chief executive, as the agency has made multiple drug busts and seized narcotics worth over ₦60 billion in the past month.
17 Feb 2021
The Central Bank of Nigeria floated an OMO auction on Thursday with a total of 170 billion naira on offer. Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.
Latest
1 day ago
Ursula von der Leyen said Ukraine was making progress toward its goal of EU membership and needed to foster business confidence by appointing top anti-corruption officials.
1 day ago
VPN software encrypts all the data on your computer. No hacker or government will be able to decipher this encrypted traffic. Your personal information and internet traffic are safe with the use of a VPN.
1 day ago
Maastricht University has doubled its money thanks to a ransomware attack three years ago. The university plans to help struggling students with its new funds.
1 day ago
Airlines hoping to cash in on renewed demand are facing labor agitation after firing swathes of workers during the pandemic.
1 day ago
We report on a growing and dangerous divide between feminism and transgender rights. Annette Young talks to Dr Finn Mackay, the British sociologist and campaigner who believes that it is possible to back both women's and trans rights. Also #MeToo in the world of athletics where we meet one former French athlete who's shining a spotlight on cases of sexual abuse and violence.