Category: Capital Market/Banking

Non-Oil Exports: Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano
July 17, 2019 No Responses

Non-Oil Exports: Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano

As part of measures to provide world-class support to Micro Small Medium Enterprises (MSMEs) in Kano State, Fidelity Bank Plc has commenced training of over 100 Small and Medium Enterprises (SMEs) .  The training which form part of the 8th...
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SEC Begins Verification Of Dantata Investors
July 17, 2019 No Responses

SEC Begins Verification Of Dantata Investors

The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and Profitable Company. The verification exercise commenced on Monday July 15th and is expected to last ...
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UBA Welcomes 120 SMEs, 20,000 Visitors To Abuja
July 16, 2019 No Responses

UBA Welcomes 120 SMEs, 20,000 Visitors To Abuja

United Bank for Africa (UBA) Plc is set to host over 20,000 visitors, 100 small and medium enterprises and leading private and public sector players from across Africa, at the continent’s biggest entrepreneurial fair tagged #theUBAmarketplace2019 in Abuja, N...
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SAHCO Records N6.2b Revenue, N23.1b Assets In 2018
July 11, 2019 No Responses

SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

For the year ended December 2018, Skyway Aviation Handling Company Plc (SAHCO) generated N6.2billion revenue, 23.2 per cent higher than 4.9billion recorded in 2017. In its 2018 financial statement sent to the Nigeria Stock Exchange (NSE) on Wednesday, the comp...
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NSE Admits Airtel Africa At N363 Per Share
July 10, 2019 No Responses

NSE Admits Airtel Africa At N363 Per Share

The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc.  The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of...
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Fidelity Private Bank Wins At PWM Global Wealth Tech Awards
July 10, 2019 No Responses

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards ce...
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Bank Backs AfCFTA With $1b
July 9, 2019 No Responses

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, M...
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SEC Tasks Stockbrokers on Professionalism, Capital Market Growth
July 9, 2019 No Responses

SEC Tasks Stockbrokers on Professionalism, Capital Market Growth

The Securities and Exchange Commission ( SEC) has urged members of the chartered Institute of Stockbrokers, CIS to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organizations, and the...
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SEC Approves Airtel’s Listing On NSE
July 7, 2019 No Responses

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...
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FirstBank To Empower 500 Widows
July 6, 2019 No Responses

FirstBank To Empower 500 Widows

First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR).  Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their....
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NSE Postpones Listing Of Airtel
July 6, 2019 No Responses

NSE Postpones Listing Of Airtel

The Nigerian Stock Exchange (NSE) has postponed the proposed Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc.  According to NSE, the listing earlier scheduled for Friday, July 5th, 2019 was  postponed to ensure th...
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NSE Partners Chapel Hill On Alternative Investment Training
July 4, 2019 No Responses

NSE Partners Chapel Hill On Alternative Investment Training

The Nigerian Stock Exchange (NSE), in collaboration with Chapel Hill Denham, on Wednesday organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments”.   The training covered core concepts of alter...
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SEC Reduces Cost, Timelines For Transmission of Shares
July 4, 2019 No Responses

SEC Reduces Cost, Timelines For Transmission of Shares

Determined to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim such dividends the Securities and Exchange Commission (SEC) has further reduced the time, proce...
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NSE Suspends Conoil, Ten Others
July 3, 2019 No Responses

NSE Suspends Conoil, Ten Others

The Nigerian Stock Exchange (NSE) on Tuesday suspended trading in the shares of 11 companies over delayed filing of accounts. According to NSE Head, Listings Regulation Department, Godstime Iwenekhai, the companies are: Conoil, FTN Cocoa Processors, Goldlink I...
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