Category: Capital Market/Banking

NSE Unveils Guidance On Virtual Meetings For Stakeholders
April 15, 2020 No Responses

NSE Unveils Guidance On Virtual Meetings For Stakeholders

The Nigerian Stock Exchange (NSE) has published guidance on virtual Board, Committee, and Management Meetings for stakeholders.A statement issued on Wednesday explained that the Guidance is in response to the shift from conventional physical meetings to virtual meetings precipitated by...
read more
Task Force Implores Banks To Render Skeletal Services
April 15, 2020 No Responses

Task Force Implores Banks To Render Skeletal Services

The Presidential Task Force (PTF) on COVID-19 (Coronavirus) on Tuesday appealed to banks in the country to continue to give skeletal services to Nigerians as the fight against the pandemic disease continues. National Coordinator of the PTF, Dr Sani Aliyu...
read more
IMF Projects Recession For Sub-Saharan Africa In 2020
April 14, 2020 No Responses

IMF Projects Recession For Sub-Saharan Africa In 2020

Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus pandemic wrecks the region’s economies, the International Monetary Fund said on Tuesday.Various Africa...
read more
SEC Nigeria Clarifies Ban On Sharing Of Gifts At AGM
April 13, 2020 No Responses

SEC Nigeria Clarifies Ban On Sharing Of Gifts At AGM

The Securities and Exchange Commission (SEC) has clarified its position on the sharing of gifts at Annual General Meetings (AGM) as contained in Rule 602 (4) of its Rules and Regulations. According to the SEC, “Rule 602(4) states that ‘’public...
read more
COVID-19: FirstBank Reinforces e-Banking Offerings, Appreciates Customers
April 11, 2020 No Responses

COVID-19: FirstBank Reinforces e-Banking Offerings, Appreciates Customers

First Bank of Nigeria Limited has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.”  The Bank, in a statement released on Thursday and signed by its chief executive officer,...
read more
Lockdown: FirstBank Assures Customers Of Seamless Services
April 10, 2020 No Responses

Lockdown: FirstBank Assures Customers Of Seamless Services

First Bank of Nigeria Limited, the leading financial inclusion bank in Nigeria, has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.”  The Bank, in a statement released on Thur...
read more
Zenith Bank Unveils Automated Voice Banking Services
April 9, 2020 No Responses

Zenith Bank Unveils Automated Voice Banking Services

Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response (IVR)solution which enables customers to perform basic banking transactions by dialing a dedicated phone line through t...
read more
FBN Holdings Declares N627b Gross Earnings, N73.67b Profit In 2019
April 7, 2020 No Responses

FBN Holdings Declares N627b Gross Earnings, N73.67b Profit In 2019

By Moses Ebosele, ebosele@hotmail.com —  For the year ended December 31, 2019, FBN Holdings Plc on Monday declared Gross earnings of ₦627.0 billion, up by  6.7 per cent when compared to ₦587.4 billion attained in 2018.   Profit after t...
read more
SEC Nigeria Boss Elected Into IOSCO Board
April 7, 2020 No Responses

SEC Nigeria Boss Elected Into IOSCO Board

The Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has been elected into the board of the International Organisation of Securities Commissions, IOSCO. Ms. Uduk is to represent the Africa/Middle-East Regional Committee, AM...
read more
First Bank Lauds Medical Professionals Tackling COVID-19
April 5, 2020 No Responses

First Bank Lauds Medical Professionals Tackling COVID-19

First Bank of Nigeria Limited has saluted medical professionals tackling the COVID-19 pandemic in Nigeria and the world, THE WITNESS reports. The Bank in series of tweets on its Twitter page, acknowledged the role medical experts are playing to fight...
read more
Lockdown: Access Bank Unveils Seamless Transactions App
April 5, 2020 No Responses

Lockdown: Access Bank Unveils Seamless Transactions App

Access Bank Plc has launched a new mobile banking application tagged “AccessMore” to ensure easy access to funds and seamless transactions by customers, amid COVID-19 lockdown. Mr Herbert Wigwe, the bank’s Chief Executive Officer, said this in a statemen...
read more
BoI Declares N39.33b Profit, Raises $1.11b To Boost Operations
April 2, 2020 No Responses

BoI Declares N39.33b Profit, Raises $1.11b To Boost Operations

For the financial year ended December 31, 2019, the Bank of Industry (BoI) recorded a profit before tax of N39.33 billion.  According to the Bank, the profit represent growth of 7.2 per cent when compared with ₦36.66 billion achieved in...
read more
COVID-19 Relief Fund Hits N15b
April 2, 2020 No Responses

COVID-19 Relief Fund Hits N15b

The Central Bank of Nigeria (CBN) on Wednesday disclosed that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. CBN Director of Corporate Communications, Isaac Okorafor, ex...
read more
NSE Resumes April Trading With 0.94% Loss
April 1, 2020 No Responses

NSE Resumes April Trading With 0.94% Loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.The News Agency of Nigeria (NAN) reports that the All-Share Index (ASI) dipped199.93 points or 0.94 per cent to close...
read more
1 … 111 112 113 114 115 … 181