Ekiti Partners Ecobank On Women Empowerment, Others

Ekiti Partners Ecobank On Women Empowerment, Others

    Ekiti State Government has partnered with Ecobank to ensure financial inclusion, women empowerment, micro credit loans and agency banking across communities in the state.   This was disclosed in Ado-Ekiti at the maiden edition Se’tigbo (Have You Heard)...
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FirstMonie Network Records N6tri Transactions

FirstMonie Network Records N6tri Transactions

First Bank of Nigeria Ltd processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020.  Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos....
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Capital market Stakeholders Seek Alternative Funding For Infrastructure Development

Capital market Stakeholders Seek Alternative Funding For Infrastructure Development

  Worried by budgetary pressure and reduction in the level of public funds,  stakeholders in the capital market are calling for alternative sources of financing to support infrastructure development   They spoke on Thursday at a webinar session targeted...
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Seplat Tops Gainers’ Chart As Market Capitalisation Hit N13trillion

Seplat Tops Gainers’ Chart As Market Capitalisation Hit N13trillion

  The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark.   Speficially, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday...
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Investors stake N3.89b On UACN, FBN Holdings, Others

Investors stake N3.89b On UACN, FBN Holdings, Others

      The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent with an exchange of 383.29 million shares worth N3.89 billion in 3,860 deals. This was in contrast with a...
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Sterling Bank reports 10% growth in half-year net interest income

Sterling Bank reports 10% growth in half-year net interest income

Sterling Bank Plc, a full service national commercial bank has reported a net interest income of N33.5 billion during the half-year ended June 30, 2020, as against N30.4 billion during the corresponding period of 2019, representing a growth of 10.1...
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SEC Capital Market Institute Expands Operations

SEC Capital Market Institute Expands Operations

The Nigerian Capital Market Institute (NCMI) is poised to enhance the market development role of the Securities and Exchange Commission (SEC) by providing excellent capital market education to stakeholders, Managing Director of the Ins...
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Zenith Bank Fetes Customers

Zenith Bank Fetes Customers

Zenith Bank Plc, Nigeria’s leading financial institution, has commenced its “Zenith Beta Life” Promo to reward customers of the Bank with gifts every week starting from 31st July 2020 to 30th July 2021.   During this period, fifty (50) customer...
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Nestlé Nigeria Declares N141b Revenue, N22b Profit In Six Months

Nestlé Nigeria Declares N141b Revenue, N22b Profit In Six Months

For the half year ended June 30, 2020, Nestlé Nigeria Plc on Thursday announced  revenue of N 141.0 billion, compared with N141.9 billion attained within same period in  2019.  The company also recorded profit after tax of N 21.8 billion, ...
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Ecobank Nigeria Unveils Loan Package For Female Entrepreneurs

Ecobank Nigeria Unveils Loan Package For Female Entrepreneurs

Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is specially designed by the bank to financially empower female business owners and entrepreneurs in the cou...
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FBN Holdings Declares N296b Gross Earnings, ₦49.5b Profit In Six Months

FBN Holdings Declares N296b Gross Earnings, ₦49.5b Profit In Six Months

FBN Holdings Plc on Wednesday announced its unaudited results for the six months ended June 30, 2020.   The financial institution declared  gross earnings of ₦296.4 billion, up 5.8% when compared to the previous year of  ₦280.3 billion...
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NASCON’s Shareholders Laud Prompt Dividend Payment

NASCON’s Shareholders Laud Prompt Dividend Payment

Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, has applauded the company for improved performance and dividend declared in 2019.  The shareholders also urged the food seasoning company to expand its market share ...
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Reps Reiterate Capital Market Growth Commitments

Reps Reiterate Capital Market Growth Commitments

The House of Representatives Committee on Capital Markets and other Institutions has assured the Securities and Exchange Commission (SEC) of its readiness to provide support by way of enabling laws to support the growth of the capital market.  The Chairma...
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Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

The Nigerian Stock Exchange (NSE) on Friday returned to the negative territory on with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on Thursday...
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