IOSCO Staff Tests Positive For Covid-19

IOSCO Staff Tests Positive For Covid-19

The IOSCO General Secretariat on Friday confirms that a member of its staff at its headquarters in Madrid has tested positive for Covid-19.IOSCO explained that the  individual is receiving medical treatment and “we wish our colleague a quick and full...
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Zenith General Insurance Partners MTN On Mobile Insurance Service In Nigeria

Zenith General Insurance Partners MTN On Mobile Insurance Service In Nigeria

Zenith General Insurance Company Limited also known as Zenith Insurance has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria.A statement explained that ssing the USSD...
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Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.A statement issued by Group Head, Corporate Communications Ecobank Transnational Incorporated...
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Akinwuntan: Ecobank Xpress Save And Xpress Loan Is Designed To Stimulate Micro Savings In The economy

Akinwuntan: Ecobank Xpress Save And Xpress Loan Is Designed To Stimulate Micro Savings In The economy

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan  said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate micro savings in the economy.  According to the bank Managing Director, this innovative product is par...
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Zenith Bank Rewards Shareholders With N87.9b Dividend

Zenith Bank Rewards Shareholders With N87.9b Dividend

By Moses Ebosele, ebosele@hotmail.com For the 2019 financial year, Shareholders of Zenith Bank Plc, on Monday,  in Abuja, unanimously approved final dividend of N2.50 per share, bringing the total dividend payment to N2.80 per share with a total valu...
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CBN Creates N50bn Fund, Cuts Rates On Loans

CBN Creates N50bn Fund, Cuts Rates On Loans

The Central Bank of Nigeria (CBN) Monday cut interest rates on all applicable CBN intervention facilities from 9 to 5 percent per annum for one year effective March 1, 2020.  The apex Bank also granted a further moratorium of one...
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SEC Capital Market Institute Expands Operations

SEC Capital Market Institute Expands Operations

As part of measures to provide excellent capital market education to stakeholders, the Nigerian Capital Market Institute (NCMI) is to operate from three centres. This was stated by acting Director-General of the SEC, Ms. Mary Uduk during a meeting with...
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Access Bank Sets Aside N1b For DiamondXtra Season 12

Access Bank Sets Aside N1b For DiamondXtra Season 12

Access Bank Plc on Friday unveiled DiamondXtra season 12 savings promo to boost savings culture and drive Federal Government’s financial inclusion initiative. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained at the launch in Lago...
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Coronavirus Crashes Global Stock Markets

Coronavirus Crashes Global Stock Markets

Shares around the world have plunged as investors fear the spread of the coronavirus will destroy economic growth with government action insufficient to arrest the decline. The main UK index dropped more than 10% in its worst day since 1987....
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Obaseki To Seek Funding For Edo Projects From NSE

Obaseki To Seek Funding For Edo Projects From NSE

Edo State Government is to raise instruments from the Nigerian Stock Exchange (NSE) for developmental projects. The State Governor, Godwin Obaseki, stated this on Monday during a courtesy visit to the NSE in Lagos. Obaseki, who assured the capital market...
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Access Bank Unveils TraderLite For Micro SMEs

Access Bank Unveils TraderLite For Micro SMEs

In the bid to stimulate the growth of the economy, Nigeria’s leading retail bank, Access bank plc has launched TraderLite, an account that enables micro businesses, with turnover between N50, 000 – N1Million, operate their businesses with their individual ...
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Investors lose N329b

Investors lose N329b

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.The News Agency of Nigeria (NAN) reports that the...
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Access Bank Declares 40k Final Dividend

Access Bank Declares 40k Final Dividend

Access Bank Plc is to pay a final dividend of 40kobo per share, bringing total dividend for the year ended December 31st, 2019 to 65kobo. Within the year under review, the bank recorded gross earnings of N666.75 billion, 26.10 per...
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NSE Boss Advocates Gender Equality

NSE Boss Advocates Gender Equality

The  Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema on Friday said gender equality was important to reduce employment and entrepreneurship gaps in the country. Onyema stated this at a symposium organised by the Exchange in Lagos t...
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