Category: Capital Market/Banking

Emefiele: Nigeria’s Rising Inflation Consistent With Global Trend 
November 26, 2022 No Responses

Emefiele: Nigeria’s Rising Inflation Consistent With Global Trend 

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele,  on Friday said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global trends.  Emefiele said this at the 57th...
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<strong>Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps Members</strong><strong>  </strong>
November 25, 2022 No Responses

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps Members  

Unity Bank Entrepreneurship Development Initiative – Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth edition of the Corpreneurship Challenge held ...
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Union Bank Gets Euromoney Market Rankings In Five Categories 
November 23, 2022 No Responses

Union Bank Gets Euromoney Market Rankings In Five Categories 

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings.  Mrs Ogochukwu Ekezie-Ekaidem, the Chief Brand and Marketing Officer, UBN, made the announcement in a statement on Tuesday in Lagos . ...
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World Bank Urges Nigeria To Fix Public Finances
November 22, 2022 No Responses

World Bank Urges Nigeria To Fix Public Finances

World Bank has advised Nigeria to fix its public finances as part of measures to promote inclusive and sustainable development.  This is contained in the World Bank Nigeria Public Finance Review Report released on Monday in Abuja.  A copy of...
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FBN Holdings Wins ‘Great Place To Work’ Awards
November 22, 2022 No Responses

FBN Holdings Wins ‘Great Place To Work’ Awards

FBN Holdings Plc has been recognised for performing creditably at the 2022 ‘Great Place to Work Awards’ ceremony.  A statement issued on Monday by Head, Marketing and Corporate Communications, FBN Holdings Plc, Mr Tunde Lawanson, explained that the ho...
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DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit
November 21, 2022 No Responses

DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit

The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government.   It stated in Abuja that the offer is of 10-year tenor due for maturity...
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Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  
November 21, 2022 No Responses

Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  

Ecobank Nigeria, an affiliate of the leading pan-African banking group, the Ecobank Group has taken financial literacy and inclusion to traders in several markets across the country being part of activities to mark “Ecobank Day”, 2022.   Cit...
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<strong>Access Bank Empowers Closa Agents With Solar Powered fibre kiosks</strong>
November 21, 2022 No Responses

Access Bank Empowers Closa Agents With Solar Powered fibre kiosks

Access Bank’s commitment to deliver banking services to at least one in every two Nigerians has been reaffirmed as the leading retail financial institution successfully commissioned and empowered Access Closa agents across Nigeria with Solar powere...
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Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance, Scalable Proposal To Attract Investors
November 14, 2022 No Responses

Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance, Scalable Proposal To Attract Investors

To achieve a sustainable and stable fintech ecosystem, operators in the industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors.   This was...
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FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators
November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022.    The event which had cust...
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Access Bank Budgets $1b To Boost SMEs In Africa
November 10, 2022 No Responses

Access Bank Budgets $1b To Boost SMEs In Africa

Access Bank Plc is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years. Mr Seyi Kumapayi, the Executive Director in charge of African subsidiaries said this on the sidelines...
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Investors Gain N9b On NGX 
November 10, 2022 No Responses

Investors Gain N9b On NGX 

The Nigerian Exchange (NGX) on Wednesday recorded N9 billion gain due to price appreciation in Dangote Cement and some tier-one banking stocks.  The primary drivers of the market were Dangote Cement, Guaranty Trust Holding Company (GTCO), Zenith Bank and Unit...
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Agusto Upgrades EDC Nigeria Money Market Fund Rating
November 9, 2022 No Responses

Agusto Upgrades EDC Nigeria Money Market Fund Rating

Pan- African credit rating agency, Agusto & Co has upgraded the rating of EDC Nigeria Money Market Fund (‘EDC MMF’ or ‘the Fund’) to A(f). Funds rated ‘A(f)’ are deemed to have low to moderate exposure to downside risk, impairment...
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DMO Issues 2 FGN Savings Bonds 
November 8, 2022 No Responses

DMO Issues 2 FGN Savings Bonds 

The Debt Management Office (DMO) has announced the issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit.  According to a statement by the DMO via its website on Monday, the first offer is...
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