Category: Capital Market/Banking

Fidelity Bank Partners ESLF On Support For Less Privileged In Benue
May 31, 2020 No Responses

Fidelity Bank Partners ESLF On Support For Less Privileged In Benue

Fidelity Bank Plc has donated the sum of N10 million to Eunice Spring of Life Foundation (ESLF), a pet project of the Benue First Lady.  According to the Bank, the donation would enable the organisation, in no small measure implement...
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Obasanjo,Kufour, Jonathan,Sirleaf, Others Rally Support For Adesina
May 30, 2020 No Responses

Obasanjo,Kufour, Jonathan,Sirleaf, Others Rally Support For Adesina

No fewer than 15 former African Presidents on Friday rallied support for President of African Development Bank (AfDB), Dr Akinwumi Adesina. In a statement signed by the ex presidents, including Nigeria’s Olusegun Obasanjo and Goodluck Jonathan, the former le...
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AfDB: Why The US Is Targeting Akinwumi Adesina
May 30, 2020 No Responses

AfDB: Why The US Is Targeting Akinwumi Adesina

The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor, Larry Madowo. Akinwumi Adesina is a sharp dresser known for his expensive tailored suits, i...
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Bua Cement, Flour Mills Top Gainers’ Table As Market Capitalisation Expand Growth By N53b
May 29, 2020 No Responses

Bua Cement, Flour Mills Top Gainers’ Table As Market Capitalisation Expand Growth By N53b

The key performance indicators of the Nigerian Stock Exchange (NSE) closed the last trading day of May with 0.40 per cent growth. Specifically, the market capitalisation on Friday inched higher by N53 billion or 0.40 per cent to close at...
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SMEs Development, Agriculture, Others Take Centre Stage At UBA Africa Day Conversations
May 28, 2020 No Responses

SMEs Development, Agriculture, Others Take Centre Stage At UBA Africa Day Conversations

Development of homegrown solutions and adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent on a stronger footing post Covid-19.  Various experts and leaders who mad...
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NSE To Host Sustainable Capital Markets Forum
May 28, 2020 No Responses

NSE To Host Sustainable Capital Markets Forum

The Nigerian Stock Exchange (NSE) in collaboration with the Milken Institute, is set to host the inaugural edition of  Webinar Series on Sustainable Capital Markets for West Africa on Friday, 5 June 2020 by 2:30pm.  According to NSE, the webinar...
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Oscar Onyema Highlights Resilience Of Nigeria’s Capital Market
May 26, 2020 No Responses

Oscar Onyema Highlights Resilience Of Nigeria’s Capital Market

As corporations all over the world battle the impacts of the Coronavirus (COVID-19), the support of securities exchanges for capital market ecosystems has become even more relevant in building sustainable businesses and stimulating growth across Africa.  ...
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Ecobank Gets Most Innovative Bank In Africa Award
May 25, 2020 No Responses

Ecobank Gets Most Innovative Bank In Africa Award

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honoring entities that regularly identify new paths and design new tools in finance.   Cat...
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CSCS Shareholders Approve N4.3b Dividend For 2019
May 22, 2020 No Responses

CSCS Shareholders Approve N4.3b Dividend For 2019

For the financial year ended December 31, 2019, Shareholders of Central Securities Clearing System (CSCS) Plc, on Friday, approved total dividend of N4.3 billiion. The shareholders gave the approval at the company’s virtual 26th Annual General Meeting (AGM) ...
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Mobil, MTN, Bua Cement Top Gainers’ Table As Market Capitalisation Crosses N13trillion
May 22, 2020 No Responses

Mobil, MTN, Bua Cement Top Gainers’ Table As Market Capitalisation Crosses N13trillion

Investors net worth appreciated by N233 billion on the Nigerian Stock Exchange (NSE) on Friday, following gains achieved by some blue chips. NAN reports that the market capitalisation which opened trading at N12.902 trillion rose by N233 billion to close at.....
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FirstBank Targets 1m Students In Free e-Learning Platform
May 22, 2020 No Responses

FirstBank Targets 1m Students In Free e-Learning Platform

First Bank of Nigeria Limited is targeting one million students in free e-learning solutions platform in partnership with Roducate and Lagos State Government. In a statement on Thursday, First Bank’s Chief Executive Officer, Dr Adesola Adeduntan, explained t...
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Adeduntan: FirstBank Will Maximise COVID-19 Induced Opportunities
May 21, 2020 No Responses

Adeduntan: FirstBank Will Maximise COVID-19 Induced Opportunities

First Bank of Nigeria Limited has assured its stakeholders that it will optimally maximise the opportunities from the disruptions occasioned by the Coronavirus (COVID-19) pandemic on the economy to their advantage. Dr Adesola Adeduntan, FirstBank Chief Executi...
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Market Capitalisation Extends Growth By N158b
May 21, 2020 No Responses

Market Capitalisation Extends Growth By N158b

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday for four consecutive days, with the key performance indicators improving further by 1.25 per cent. Consequently, the All-Share Index which opened at 24,452.23 rose by 306.16 points o...
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Shareholders Laud Sterling Bank’s 2019 Financial Performance
May 21, 2020 No Responses

Shareholders Laud Sterling Bank’s 2019 Financial Performance

Shareholders of Sterling Bank Plc, Nigeria’s leading commercial bank have commended its financial performance and dividend payout for the financial year ended December 31, 2019. They gave the commendation at the 58th Annual General Meeting (AGM) of the b...
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