Category: Capital Market/Banking

NSE Market Capitalisation Sustains Growth By N130b
May 20, 2020 No Responses

NSE Market Capitalisation Sustains Growth By N130b

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement. Specifically, the market capitalisation inched higher by N130 billion or 1.03 per cent to close...
read more
Emefiele Woos Conglomerates To Help Boost Economy
May 20, 2020 No Responses

Emefiele Woos Conglomerates To Help Boost Economy

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged industrial conglomerates operating in the country to support efforts aimed at growing the Nigerian economy. Emefiele gave the advice on Tuesday in a virtual meeting with the...
read more
Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation
May 19, 2020 No Responses

Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation

Capital market operators on Tuesday advised Mr Lamido Yuguda, nominated as the Director-General, Securities and Exchange Commission (SEC), to prioritise  investor protection and effective implementation of capital market master plan, if confirmed by the Senat...
read more
Zenith General Insurance Declares N3.06b Profit For 2019
May 19, 2020 No Responses

Zenith General Insurance Declares N3.06b Profit For 2019

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn...
read more
Okomu Oil Tops Gainers’ Table As Market Capitalisation Opens Week With N37b Growth
May 18, 2020 No Responses

Okomu Oil Tops Gainers’ Table As Market Capitalisation Opens Week With N37b Growth

The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion. Speficially, the market capitalisation which opened at N12.440 trillion rose by N37 billion to close at...
read more
UBA Upgrades Mobile App, Diaspora Banking, Others
May 18, 2020 No Responses

UBA Upgrades Mobile App, Diaspora Banking, Others

 The United Bank for Africa Plc (UBA), on Monday, upgraded its mobile banking applications with unique and exciting features that would make banking easy for Nigerians. Mr Sampson Aneke, the Group Head, Digital Banking, at an online media parley in...
read more
Japan Falls Into Recession
May 18, 2020 No Responses

Japan Falls Into Recession

Japan  has fallen into recession as the financial toll of the coronavirus continues to escalate. The world’s third biggest economy shrank 3.4% in the first three months of 2020 compared to a year ago, its biggest slump since 2015. The...
read more
Access Bank Rewards 38 Customers
May 17, 2020 No Responses

Access Bank Rewards 38 Customers

Access Bank Plc has rewarded 10 customers with one million naira each and 28 female customers with N100,000 each in its DiamondXtra monthly draw. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained in a statement on Saturday that&nbsp...
read more
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
1 … 107 108 109 110 111 … 182