DMO Lists FGN’s N100b SUKUK

DMO Lists FGN’s N100b SUKUK

By Moses Ebosele, ebosele@hotmail.com  – – Debt Management Office (DMO) on Tuesday listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%,...
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CBN Retains Monetary Policy Rate At 13.5%

CBN Retains Monetary Policy Rate At 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC...
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PSN Honours Fidelity Bank

PSN Honours Fidelity Bank

Fidelity Bank Plc has received accolades for its unwavering support for the healthcare value chain in Nigeria. The Board of Fellows of the Pharmaceutical Society of Nigeria (PSN) made the commendation at the Society’s Annual Dinner & Award Night in...
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CBN Implores Banks On Relationship With Customers

CBN Implores Banks On Relationship With Customers

The Central Bank of Nigeria (CBN) has advised banks and other financial institutions in the country to be transparent in their dealings in order to build customers’ confidence. Kofo Salam-Alada, the Director, Consumer Protection Department of CBN gave the ad...
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SEC, NFIU Sign Mou To Tackle Ponzi Schemes, Others

SEC, NFIU Sign Mou To Tackle Ponzi Schemes, Others

The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with the Nigerian Financial Intelligence Unit (NFIU) to combat Ponzi schemes and fraud in the capital market. Mrs Mary Uduk, the Acting Director-General of SEC, disclos...
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Non-Oil Exports: Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano

Non-Oil Exports: Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano

As part of measures to provide world-class support to Micro Small Medium Enterprises (MSMEs) in Kano State, Fidelity Bank Plc has commenced training of over 100 Small and Medium Enterprises (SMEs) .  The training which form part of the 8th...
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SEC Begins Verification Of Dantata Investors

SEC Begins Verification Of Dantata Investors

The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and Profitable Company. The verification exercise commenced on Monday July 15th and is expected to last ...
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UBA Welcomes 120 SMEs, 20,000 Visitors To Abuja

UBA Welcomes 120 SMEs, 20,000 Visitors To Abuja

United Bank for Africa (UBA) Plc is set to host over 20,000 visitors, 100 small and medium enterprises and leading private and public sector players from across Africa, at the continent’s biggest entrepreneurial fair tagged #theUBAmarketplace2019 in Abuja, N...
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SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

For the year ended December 2018, Skyway Aviation Handling Company Plc (SAHCO) generated N6.2billion revenue, 23.2 per cent higher than 4.9billion recorded in 2017. In its 2018 financial statement sent to the Nigeria Stock Exchange (NSE) on Wednesday, the comp...
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NSE Admits Airtel Africa At N363 Per Share

NSE Admits Airtel Africa At N363 Per Share

The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc.  The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of...
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Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards ce...
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Bank Backs AfCFTA With $1b

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, M...
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SEC Tasks Stockbrokers on Professionalism, Capital Market Growth

SEC Tasks Stockbrokers on Professionalism, Capital Market Growth

The Securities and Exchange Commission ( SEC) has urged members of the chartered Institute of Stockbrokers, CIS to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organizations, and the...
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SEC Approves Airtel’s Listing On NSE

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...
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