Category: Capital Market/Banking

FirstBank Rewards Verve Card Holders With Free Fuel
July 15, 2020 No Responses

FirstBank Rewards Verve Card Holders With Free Fuel

First Bank of Nigeria Limited customers using Verve Cards are entitled to extra five (5) litres of fuel for every N3,000 fuel purchased using the card at specified periods. Group Head, Marketing & Corporate Communications of the bank, Mrs Folake...
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Nigeria’s Stock Market Opens Week With N55b Loss
July 13, 2020 No Responses

Nigeria’s Stock Market Opens Week With N55b Loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion....
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Nigeria’s Unclaimed Dividends Hit N158.44b
July 13, 2020 No Responses

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...
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SEC Nigeria, NITDA Collaborate On Data Protection In Capital Market
July 13, 2020 No Responses

SEC Nigeria, NITDA Collaborate On Data Protection In Capital Market

The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital mark...
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MTN Nigeria, Vitafoam, Others Lift Market Capitalisation By N15b
July 10, 2020 No Responses

MTN Nigeria, Vitafoam, Others Lift Market Capitalisation By N15b

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Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b
July 9, 2020 No Responses

Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b

Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, ...
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Access Bank To Acquire Zambian Bank
July 9, 2020 No Responses

Access Bank To Acquire Zambian Bank

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its...
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NSE Cautions Investors On Shares Of Medview Airline,DN Tyre, Union Homes, Others
July 9, 2020 No Responses

NSE Cautions Investors On Shares Of Medview Airline,DN Tyre, Union Homes, Others

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The News Agency of Nigeria (NAN) reports that the affected companies include Aso...
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Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b
July 8, 2020 No Responses

Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest. Specifically, the All-Share Index rose by 180.59 points or 0.75 per cent to close at 24,278.07 compared...
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Interest In Airtel Africa, BUA Cement, Zenith Bank Lift Market Capitalisation By N35b
July 7, 2020 No Responses

Interest In Airtel Africa, BUA Cement, Zenith Bank Lift Market Capitalisation By N35b

The nation’s bourse halted negative trend on Tuesday due to investors’ interest in Airtel Africa, BUA Cement and 15 other equities. Consequently, the All-Share Index rose by 71.43 points or 0.30 per cent to close higher at 24,097.48 compared with...
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FCTA Threatens To Shut GTBank Over Alleged COVID-19 Protocol Violation
July 7, 2020 No Responses

FCTA Threatens To Shut GTBank Over Alleged COVID-19 Protocol Violation

The Federal Capital Territory Administration (FCTA) has threatened to seal some Guarantee Trust Bank branches in Abuja over alleged non-adherence to COVID-19 safety protocols in their operations. Chairman of the FCTA Enforcement Team on COVID-19, Mr Ikharo Att...
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Yuguda, New SEC Nigeria Boss Resumes, Pledges To Tackle Market Manipulation
July 6, 2020 No Responses

Yuguda, New SEC Nigeria Boss Resumes, Pledges To Tackle Market Manipulation

The Director General of the Securities and Exchange Commission(SEC) Mr. Lamido Yuguda has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.  Yuguda resumed alongside the Executive Commis...
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Access Bank To Reward Over 1,000 DiamondXrra Customers
July 6, 2020 No Responses

Access Bank To Reward Over 1,000 DiamondXrra Customers

Access Bank Plc is to reward over 1,000 DiamondXtra customers with various grants and cash prize in the second DiamondXtra quarterly draw of Season 12. The bank’s Group Head, Retail Products and Segments, Adaeze Ume, disclosed this in a statement...
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Market Capitalisation Opens Week With N162b Loss
July 6, 2020 No Responses

Market Capitalisation Opens Week With N162b Loss

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day. Specifically, the market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion. Also, the...
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