Category: Capital Market/Banking

Access Bank Hits N1b Digital Daily Lending
October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, on Tuesday said:“We...
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Firm Tackles CBN Over $285m Supreme Court Judgment
October 15, 2019 No Responses

Firm Tackles CBN Over $285m Supreme Court Judgment

A communications firm, Interstella Communications Limited has urged the Central Bank of Nigeria (CBN) to obey a Supreme Court order by paying them $285 million judgment sum for alleged breach of contract. The News Agency of Nigeria (NAN) reports that...
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Court Freezes 45 Bank Accounts
October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly  involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...
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DMO Lists ₦15b FGN Green Bond On NSE
October 14, 2019 No Responses

DMO Lists ₦15b FGN Green Bond On NSE

The Nigerian Stock Exchange (NSE) on Monday announced the listing of the Federal Government of Nigerian (FGN) N15billion Green Bond on its daily official list.  Promoted by the Debt Management Office (DMO), the 7-year Green bond issued at coupon rate...
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NSE Photo News
October 14, 2019 No Responses

NSE Photo News

 L-R: The President, National Council of The Nigerian Stock Exchange ( NSE), Otunba Abimbola Ogunbanjo during a courtesy visit to the Director General, Bureau of Public Enterprises, Mr. Alex Okoh in Abuja.
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SEC Nigeria Restates Commitment To Sustainable Financing
October 14, 2019 No Responses

SEC Nigeria Restates Commitment To Sustainable Financing

The Securities and Exchange Commission (SEC) remains a strong advocate for the promotion of infrastructural development through sustainable financing, Acting Director General,, Ms. Mary Uduk has said  Speaking at the formal launch of the Financial Center ...
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First Bank Boss At Edinburgh Conference, Reiterates Commitment to Financial Inclusion In Nigeria
October 12, 2019 No Responses

First Bank Boss At Edinburgh Conference, Reiterates Commitment to Financial Inclusion In Nigeria

By citybusinessnews@yahoo.com — As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive pa...
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Fidelity Bank Canvasses Better Data Sharing In Retail Growth
October 12, 2019 No Responses

Fidelity Bank Canvasses Better Data Sharing In Retail Growth

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available c...
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UBA Celebrates 2019 Customers’ Forum In Lagos
October 11, 2019 No Responses

UBA Celebrates 2019 Customers’ Forum In Lagos

United Bank for Africa(UBA) has reiterated its commitment to surpass the expectations of its customers through the provision of products and services that meet their needs. The Bank made this promise at a special Customer Forum to mark the 2019...
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NSE Reviews Pricing Methodology Rules
October 11, 2019 No Responses

NSE Reviews Pricing Methodology Rules

The Nigerian Stock Exchange (NSE) on Thursday announced amendment to the rules on Pricing Methodology and price movements of equity securities traded on The Exchange.The amendments, effective from Friday, October 11, 2019 areaccording to Rules 15:29.2. C.2 of ...
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NSE Photo News
October 11, 2019 No Responses

NSE Photo News

L – R: Olajobi Makinwa, Chief, Inter-governmental Relations and Africa, United Nations Global Compact (UNGC); Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Lise Kingo, Chief Executive Officer & Executive Director UNGC; B...
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Nigeria, Luxembourg Stock Exchange Sign Green Bond Markets MoU
October 9, 2019 No Responses

Nigeria, Luxembourg Stock Exchange Sign Green Bond Markets MoU

The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) on Wednesday announced the signing of a Memorandum of Understanding (MoU) to cooperate in promoting cross listing and trading of green bonds in Nigeria and Luxembourg.The announcement ...
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Ecobank Photo News
October 9, 2019 No Responses

Ecobank Photo News

Managing Director, Ecobank Nigeria, Patrick Akinwuntan attending to a customer at Area 7, Garki branch, Abuja in commemoration of Customer Service Week
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Photo News
October 8, 2019 No Responses

Photo News

 L-R: Deputy Permanent Secretary, Ministry of Finance and Economic Affairs The Gambia Mrs Juldeh Ceesay, Principal Manager, International Relations Division, Securities and Exchange Commission, Mr Tony Iloka and Senior Bank Examiner, Central Bank of The G...
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