Category: Capital Market/Banking

FirstBank Enhances Palliative Measures, Promotes e-Learning For Nigerians
April 17, 2020 No Responses

FirstBank Enhances Palliative Measures, Promotes e-Learning For Nigerians

Foremost Financial Institution, FirstBank, has unveiled enhanced palliative measures to help its customers and Nigerians through the extended COVID 19 lockdown in some states.  Amongst these measures are; the introduction of  special waivers on repayment fees on the Bank’s credit...
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PwC COVID-19 Survey: Liquidity, Safety Of Staff Top Concerns Of Businesses In Nigeria
April 16, 2020 No Responses

PwC COVID-19 Survey: Liquidity, Safety Of Staff Top Concerns Of Businesses In Nigeria

Businesses in Nigeria have identified Liquidity and the safety of their staff among the most pressing business needs they are concerned about as they grapple with the impact of the COVID-19 pandemic. These are some of the findings from a...
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FBN Holdings Tops Activity Chart With 74.758m Shares
April 16, 2020 No Responses

FBN Holdings Tops Activity Chart With 74.758m Shares

FBN Holdings on Wednesday topped activity chart on the floor of Nigeria Stock Exchange (NSE) with 74.758 million shares valued at N354.24 million.  Zenith Bank followed with 72.11 million shares worth N1.097 billion, while Guaranty Trust Bank traded 36.77...
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Ecobank To Nigerians: Embrace Instant Account Opening With EcobankMobile *326#
April 15, 2020 No Responses

Ecobank To Nigerians: Embrace Instant Account Opening With EcobankMobile *326#

Ecobank Nigeria is encouraging unbanked and underbanked Nigerians which include artisans such as  mechanics, carpenters, electricians, small scale retailers, transporters and others who depend on daily earning for survival, to open bank accounts instantly...
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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 virtua...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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