Bank Unveils $500m Facility For Nigerian Manufacturers

Bank Unveils $500m Facility For Nigerian Manufacturers

The African Export-Import Bank (AFREXIMBANK) has pledged to allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers. The bank’s President, Benedict Oramah, announced in Lagos that the facility is expected to help manufacturers take...
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SEC To Defunct Afribank Shareholders: Claim Your Dividends

SEC To Defunct Afribank Shareholders: Claim Your Dividends

The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme and as well as ensure that shareholders get the benefits of investing...
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Tunis Stock Exchange Celebrates 50 years

Tunis Stock Exchange Celebrates 50 years

Tunis Stock Exchange (TSE) was established in 1969 as a public institution in charge of organising and managing the securities market, as well as making it easier for companies to find new capital, and encouraging the investment of savings in...
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Zenith Bank Explains Education Loan For Children

Zenith Bank Explains Education Loan For Children

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced the Zenith Children’s Account (ZECA) Education Loan to assist parents pay their children/ wardsschool fees as the new school session begins. The loan offering, which is disbursed dire...
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CBN To Nigerians: Beware Of Fraudulent Loan Offers

CBN To Nigerians: Beware Of Fraudulent Loan Offers

The Central Bank of Nigeria (CBN) has warned Nigerians to beware of Fraudulent loans being offered to the unsuspecting public by fraudsters on social media.  In a statement, on Monday, the apex bank said such loans are fake and not...
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SEC To Engage Stakeholders On Master Plan Implementation

SEC To Engage Stakeholders On Master Plan Implementation

The Securities and Exchange Commission,(SEC )is to engage relevant stakeholders on the implementation of some initiatives of its 10 year Capital Market Master Plan Specifically, the engagements would be on E-Dividend registration and Multiple  Accounts re...
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Investors Consolidate 3.4b Shares

Investors Consolidate 3.4b Shares

Investors Consolidate 3.4b Shares The Securities and Exchange Commission (SEC), has announced that considerable progress has been made in the implementation of its consolidation of multiple shareholder accounts and electronic Dividend Mandate Management System...
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Zenith Bank  Explains N9.4b Interim Dividend

Zenith Bank Explains N9.4b Interim Dividend

For the six-months ended June 30, 2019, the board of Zenith Bank Plc has approved N9.4billion interim dividend for shareholders, amounting to 30kobo per share. Zenith Bank Plc explained on Monday that  shareholders on the register of the bank as...
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NSE Lists Greenwich Trust ETF

NSE Lists Greenwich Trust ETF

The Nigerian Stock Exchange (NSE) has  listed  Greenwich Alpha ETF on its Daily Official List. The Greenwich Alpha ETF units were listed at N100 each following an Initial Public Offer (IPO) on Monday, August 19, 2019.  Greenwich Alpha is an...
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UBA, LCCI Seal 2019 Lagos International Trade Fair Partnership

UBA, LCCI Seal 2019 Lagos International Trade Fair Partnership

Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI), have partnered to organize the 2019 edition of the Lagos International Trade Fair.  The Fair, which holds between November ...
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Digital Assets Takes Centre Stage As Investors Education Begins September 30

Digital Assets Takes Centre Stage As Investors Education Begins September 30

The International Organization of Securities Commissions (IOSCO) has concluded plans to launch its third annual World Investor Week (WIW) from 30 September to 6 October 2019.  WIW is a week-long, global campaign, which aims to promote investor education a...
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SEC  Nigeria Restates Commitment To Investor Protection

SEC Nigeria Restates Commitment To Investor Protection

The Securities and Exchange Commission, SEC has restated its determination to ensure that investors in the Capital market are adequately protected in all transactions. This was stated by Acting Director General of the SEC, Ms. Mary Uduk during a meeting...
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Access Bank Unveils Smartphone Device Financing Scheme

Access Bank Unveils Smartphone Device Financing Scheme

Access Bank continues to lead the way in innovative economic digital finance solutions, providing more Nigerians with access to credit as it unveils the Device Finance scheme, a scheme designed to provide salaried customers with the opportunity to purchase sma...
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Buhari To CBN: Stop Forex For Food Import

Buhari To CBN: Stop Forex For Food Import

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop release of Foreign Exchange (FOREX) for food import, saying Nigeria has achieved food security. Speaking on Tuesday, Buhari said: “We have achieved food security, and for physi...
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