Category: Capital Market/Banking

NSE Lists FBNQuest Merchant Bank’s N5b Bond
May 16, 2020 No Responses

NSE Lists FBNQuest Merchant Bank’s N5b Bond

The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The listing was commemorated with a digital closing gong done due to the COVID-19 pandemic in the country. Commenting...
read more
NSE Market Capitalisation Sustains Growth With N87b
May 14, 2020 No Responses

NSE Market Capitalisation Sustains Growth With N87b

Sentiments in the nation’s bourse remained positive on Thursday following price appreciation in Dangote Cement and 17 other stocks. Consequently, the All-Share Index rose by 183.48 points or 0.77 per cent to close at 23,892.92 compared to 23,709.44 achieved ...
read more
Market Capitalisation Recovers N7billion
May 14, 2020 No Responses

Market Capitalisation Recovers N7billion

The Nigerian Stock Exchange (NSE) on Wednesday returned to positive path with key market indicators appreciating marginally by 0.06 per cent on renewed interest in highly capitalised equities. Specifically, the All Share Index (ASI) increased by 13.54 points, ...
read more
Market Capitalisation Loses N133b
May 12, 2020 No Responses

Market Capitalisation Loses N133b

The key performance indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday by 1.06 per cent amid profit-taking in some blue chips. Consequently, the market capitalisation lost N133 billion to close at N12.349 trillion against N12.482 trillion ...
read more
Ecobank Holds Virtual Graduation Ceremony For Batch 7 Trainees
May 12, 2020 No Responses

Ecobank Holds Virtual Graduation Ceremony For Batch 7 Trainees

Fifty-Seven trainees, who represent batch seven set of graduates being absorbed into Ecobank Nigeria as full time employees  were recently hosted to a virtual graduation ceremony by the Ecobank Academy as it positions itself as a high quality employer rea...
read more
Market Capitalisation Drops By N49b
May 12, 2020 No Responses

Market Capitalisation Drops By N49b

The nation’s bourse resumed trading for the week on Monday on a bearish trend with the crucial indices dropping by 0.39 per cent. Specifically, the All-Share Index (ASI) lost 94.57 points or 0.39 per cent to close at 23,950.83 compared...
read more
Sterling Bank Explains N2.1b Profit In Q1
May 11, 2020 No Responses

Sterling Bank Explains N2.1b Profit In Q1

For the first quarter ended March 31, 2020, Sterling Bank Plc has reported gross earnings and profit after tax of N32.9 billion and N2.065 billion respectively.   The Bank also reported net operating income of N18.779 billion compared with N18.565 bi...
read more
SEC Nigeria Implores Stakeholders On Full Disclosures, Reopens Head Office
May 11, 2020 No Responses

SEC Nigeria Implores Stakeholders On Full Disclosures, Reopens Head Office

The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses This was contained in a circular by the Commission to provide update...
read more
NSE Ranks Second In Bloomberg’s Best Performing Indexes
May 8, 2020 No Responses

NSE Ranks Second In Bloomberg’s Best Performing Indexes

Despite  the global Coronavirus (COVID-19) pandemic,the Nigerian Stock Exchange (NSE) has continued to enjoy significantly rallies in recent weeks.  As the Exchange sustains remote trading, free flow of information and vibrant market activity, the index ha...
read more
CBN Disburses Loan To Maize Farmers
May 8, 2020 No Responses

CBN Disburses Loan To Maize Farmers

The Central Bank of Nigeria (CBN) has commenced the disbursement of loans to maize farmers in Anambra under its Anchor Borrower Programme meant for the 2019 farming season.  Speaking at the event on Thursday, Mrs Bridget Okpalaeke, the Development Finance...
read more
NSE Boosts Fight Against Coronavirus With N100m
May 7, 2020 No Responses

NSE Boosts Fight Against Coronavirus With N100m

The Nigerian Stock Exchange (NSE) has committed the sum of N100 million to support the fight against coronavirus pandemic in the country. The exchange explained in a statement on Thursday that N60 million out of the N100 million would be...
read more
Market Capitalisation Gains N110b
May 7, 2020 No Responses

Market Capitalisation Gains N110b

Activities on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday with the market capitalisation improving further by N110 billion following gains in Nestle and Dangote Cement. Consequently, the market capitalisation which opened at N12.582 trillion ...
read more
Ecobank Nigeria Opens More Branches, Urges Customers To Obey COVID-19 Rules
May 7, 2020 No Responses

Ecobank Nigeria Opens More Branches, Urges Customers To Obey COVID-19 Rules

Ecobank Nigeria has encouraged its customers to obey COVID-19 rules,  emphasizing the importance of social distancing to check the spread of the Coronavirus, especially when visiting the branches. The bank which gave this advice in a mail to customers als...
read more
UBA Rewards 100 Customers With N100,000
May 7, 2020 No Responses

UBA Rewards 100 Customers With N100,000

United Bank for Africa (UBA) Plc has rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw.   The draw, which took place at the UBA Head office on Tuesday, was held via the Facebook platform in strict compliance...
read more
1 … 107 108 109 110 111 … 181