Sterling Bank Vows to Deliver Superior Returns to Shareholders

By Modupe Gbadeyanka The management of Sterling Bank Plc, a mid-tier financial institution in Nigeria, has promised to deliver superior returns to its shareholders. The lender explained that it hopes to achieve this goal by managing its risk, balance sheet and capital. Speaking at the Sterling Bank Facts Behind the Figures on Tuesday at the… Continue reading Sterling Bank Vows to Deliver Superior Returns to Shareholders

Flour Mills to Restructure Balance Sheet With N40b Rights Issue

By Modupe Gbadeyanka The board of Flour Mills of Nigeria has disclosed that proceeds from its N39.85 billion rights issue would be used to expand its operations to make the firm more competitive as well as used to strengthen its balance sheet. Speaking on Thursday at the Nigerian Stock Exchange (NSE) during its presentation of… Continue reading Flour Mills to Restructure Balance Sheet With N40b Rights Issue