The directors of Sterling Financial Holdings Company Limited, have continued to mop- up its shares, thereby expressing confidence in the viability of the financial institution. The most recent insiders dealings carried out by four of the directors of the Holding Company, among which is the Group Managing Director and Chief Executive Officer of Sterling Financial…
Fidelity Bank Plc says its profit before tax rose by 204.4 per cent as of the end of the first half of 2023 financial period to N76.3bn. In a statement, it said a review of the results published on the Nigerian Exchange Group on Friday, 1 September 2023, showed a positive performance across all financial…
Shareholders of Stanbic IBTC Holdings Plc will record increased capital gains during the first half year period ending June 2023, according to report. Investors in the shares of the holding company increased their wealth through capital gain by 124 per cent in one year, spanning from June 2022 to June 2023. The implication is that…
…..Admiralty Way, Lekki; Ajose Adeogun, V.I; Maitama, Abuja; Aba Road, Port Harcourt and seven others already wear new look By Ayomide Otitoju Ecobank Nigeria has started the remodeling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy…
ProvidusBank has restated its commitment to supporting its clients in the quest to grow a sustainable export-based domestic economy.The Managing Director/Chief Executive Officer, ProvidusBank, Walter Akpani, stated this in his welcome address at the financial institution’s hybrid 3rd Non-Oil Export Summit in Lagos. Akpani who was represented by the Deputy Managing Director ProvidusBank, Mr. Kingsley…
Fidelity Bank Plc says it will help schools to prepare adequately for the next session and deliver quality education as summer break gets to an end. In a statement, it said through its product known as the Fidelity Edu Loan, administrators of registered private primary, secondary and tertiary institutions in Nigeria could access loans of…
The former Chief Executive of Stanbic IBTC Holdings, Sola David-Borha, has sold 615,812 units of the lender’s shares. In a notice on the director’s dealings, it was revealed that David-Borha carried out the transaction on Thursday on the platform of the Nigerian Exchange Limited. The shares sold at an average rate of N63.21 per unit,…
The Lagos Chamber of Commerce and Industry has said that the removal of fuel subsidy and unification of exchange rates in the country negatively impacted the growth of businesses in the first half of the year. The President of the LCCI, Michael Olawale-Cole, represented by his deputy, Gabriel Idahosa stated this during the half-year economic…
A non-executive director of Sterling Financial Holdings Plc, Abubakar Suleiman, has increased his stakes in the group by 7,882,228 units. Suleiman, who is also the chief executive officer of Sterling Bank, purchased the shares on Tuesday and Wednesday on the Nigerian Exchange Platform in Lagos, according to an insider trading notice filed with the Nigerian…
