Category: Capital Market/Banking

Exploring Collaboration Between NSE, Tuface Idibia
October 1, 2019 No Responses

Exploring Collaboration Between NSE, Tuface Idibia

By Olumide Orojimi, To advance its position as the sustainable securities exchange championing Africa’s growth, The Nigerian Stock Exchange (NSE) has signed one of Africa’s biggest musicians, Innocent Tuface Idibia (Tuface) as its first Good Cause Ambassador. In announcing the...
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SEC Nigeria Inaugurates Private Equity Committee
September 30, 2019 No Responses

SEC Nigeria Inaugurates Private Equity Committee

Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments.This was stated by Acting Director General of the Securities and Exchange Commission, S...
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WFE, Sustainable Stock Exchanges Seal Partnership
September 28, 2019 No Responses

WFE, Sustainable Stock Exchanges Seal Partnership

The World Federation of Exchanges (WFE) and the United Nations Sustainable Stock Exchanges (SSE) initiative have formalised their deepening partnership, with the two organisations agreeing to work together on building capacity and technical assistance to stake...
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NSE Photo News
September 28, 2019 No Responses

NSE Photo News

L – R, Dr. Nkiru Balonwu, Managing Partner, RDF, African Women on Board; Otunba Abimbola Ogunbanjo, President of the National Council of The Nigerian Stock Exchange (NSE); His Royal Majesty, Nnaemeka Alfred Achebe, CFR, Obi of Onitsha and Mr. Oscar...
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Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012
September 27, 2019 No Responses

Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012

President Muhammadu Buhari has disclosed that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012.Quoting from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by ...
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Senate Refers MTEF, FSP To Finance Committee
September 27, 2019 No Responses

Senate Refers MTEF, FSP To Finance Committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.The committee chaired by Senator Solomon Olamilekan Adeola (APC, Lagos West) was given one week to come...
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NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives
September 27, 2019 No Responses

NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives

The Nigerian Stock Exchange (NSE) in partnership with Dangote Cement Plc and Global Reporting Initiative (GRI) held a capacity development workshop on&nbsp...
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AFFC Lauds Heritage Bank On Youth, Entertainment development
September 27, 2019 No Responses

AFFC Lauds Heritage Bank On Youth, Entertainment development

African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on th...
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New IMF MD Unveils Agenda
September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her imm...
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Photo News
September 26, 2019 No Responses

Photo News

UBA Photo News
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Polaris Bank Commits To Climate Action, Sustainability
September 25, 2019 No Responses

Polaris Bank Commits To Climate Action, Sustainability

Polaris Bank has joined the United Nations, and other leading banks across the world, to become a Founding Signatory of the UNEP FI Principles for Responsible Banking as part of its commitment to climate action and sustainability.The launch and signing...
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NSE Domestic Transactions Drops By 66.68% In 12 Years
September 19, 2019 No Responses

NSE Domestic Transactions Drops By 66.68% In 12 Years

Domestic transactions in the Nigerian Stock Exchange (NSE) has declined by 66.68 per cent in 12 years, the News Agency of Nigeria (NAN) reports. The exchange said in its Domestic and Foreign Portfolio Investment (FPI) report released on Wednesday that...
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CBN Approves Three New Payment Service Banks
September 19, 2019 No Responses

CBN Approves Three New Payment Service Banks

The Central Bank of Nigeria on Wednesday granted approvals-in-principle (AIP) to three new Payment Service Banks (PSBs) in the country. The CBN spokesperson, Isaac Okorafor, said the new institutions, issued approvals in principle to operate as Payment Service...
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Nigeria Imposes Additional Charges On Bank Accounts
September 18, 2019 No Responses

Nigeria Imposes Additional Charges On Bank Accounts

With effect from Wednesday, September 18, 2019, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday.  In a circular to all deposit money bank (DMBs), the Director, Paymen...
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