Sterling Bank reports rise in full-year profit
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.
Sterling Bank’s Abubakar Suleiman speaks on job creation
The Managing Director and Chief Executive Officer of Sterling Bank, Abubakar Suleiman says unemployment remains the biggest challenge in Nigeria but the country’s opportunity lies in the fact that it has a labour force that can be put to use. He discussed this and more with CNBC Africa’s Wole Famurewa on the side-lines of the Alaghodaro 2018 summit.
Sterling Bank reports 49.7 decline in profit
Nigerian lender Sterling bank has reported a 49.7 per cent decline in after-tax profits for the 2016 fiscal year.