Category: Capital Market/Banking

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign
May 31, 2019 No Responses

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign

The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of affected Board Members. The commission in a statement on Friday also barred the Group Chief Executive Officer (GCEO), Wale Tinubu and the...
read more
Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants
May 30, 2019 No Responses

Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants

As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners ...
read more
‘Investors’ To Get Refund As SEC Begins Verification Of Dantata Success
May 30, 2019 No Responses

‘Investors’ To Get Refund As SEC Begins Verification Of Dantata Success

The Securities and Exchange Commission (SEC) has concluded plans to commence a verification exercise for Nigerians who “invested” monies with Dantata Success and Profitable Company, Kano. According to the SEC, as part of the arrangements to commence a refu...
read more
CBN Lifts Forex Market With $205m
May 29, 2019 No Responses

CBN Lifts Forex Market With $205m

The Central Bank of Nigeria (CBN) on Tuesday, May 28, 2019, injected the sum of $205 million into the inter-bank Foreign Exchange Market, in its continued push to sustain liquidity in the sector. Figures obtained from the CBN indicated that...
read more
NSE Donate N1Om To Maisandari Alamderi Model Nursery And Primary School
May 29, 2019 No Responses

NSE Donate N1Om To Maisandari Alamderi Model Nursery And Primary School

The Nigerian Stock Exchange (NSE) has donated  N10 million to Maisandari Alamderi Model Nursery and Primary School, located in the Abuja Talakawa District of Maiduguri.    According to NSE, the donation is in fulfilment of the Exchange’s commi...
read more
Photo News
May 27, 2019 No Responses

Photo News

Photo News:  L-R,  Head of Department,  Securities and Investments Services, Securities and Exchange Commission Mr Abbas Abdulkadir, Head of Department, Legal Department SEC Mrs Anastasia Braimoh, Managing Partner, Perchstone and Graeys Mr ...
read more
UAC Photo News
May 24, 2019 No Responses

UAC Photo News

read more
SEC, NSE To Streamline Listing Modalities From June 1
May 23, 2019 No Responses

SEC, NSE To Streamline Listing Modalities From June 1

The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...
read more
Customers Win N59m In Access Bank’s DiamondXtra Savings Scheme
May 23, 2019 No Responses

Customers Win N59m In Access Bank’s DiamondXtra Savings Scheme

Access Bank Plc has  rewarded about 1,016 with more than N59 million in its DiamondXtra season 11 quarterly draw prize presentation held yesterday at the bank’s headquarters in Lagos. According to the Bank, Mrs Nnenna Chukwu was the ...
read more
Emefiele In Benin, Assures On Single-Digit Interest For MSMEs
May 22, 2019 No Responses

Emefiele In Benin, Assures On Single-Digit Interest For MSMEs

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options. Emefiele, who spoke on Wednesday during a visit ...
read more
CBN To Restrict Banks Access To Bonds, Treasury Bills
May 22, 2019 No Responses

CBN To Restrict Banks Access To Bonds, Treasury Bills

The Central Bank of Nigeria (CBN) is to restrict Banks access to government securities. Speaking at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the CBN Governor,  Godwin Emefiele explained that MPC also directed CBN to  initiate....
read more
How To Lift Forex Earnings Through Viable Commodities Exchange, By SEC Boss
May 22, 2019 No Responses

How To Lift Forex Earnings Through Viable Commodities Exchange, By SEC Boss

In a bid to ensure that Nigeria realizes its full potentials in the Commodities market as well as boost foreign exchange earnings, , the Securities and Exchange Commission, SEC has emphasized the need to have a vibrant Commodities Exchange in...
read more
NSE Backs MTN On N40b Free Float Requirement, Premium Board Listing
May 21, 2019 No Responses

NSE Backs MTN On N40b Free Float Requirement, Premium Board Listing

By Moses Ebosele, ebosele@hotmail.com — MTN Nigeria met with the free float requirement of N40 billion.  The free float of MTN Nigeria  at the time of listing was in excess of N90 billion, the Nigerian Stock Exchange (NSE) clarified on...
read more
Rotary Honours NSE With Outstanding Company Award
May 20, 2019 No Responses

Rotary Honours NSE With Outstanding Company Award

The Nigerian Stock Exchange (NSE) has received “Rotary Outstanding Invaluable Company Award” from Rotary International District 9110, Nigeria, one of the 535 Districts that make up Rotary International worldwide. It comprises over 100 Rotary Clubs wit...
read more
1 … 120 121 122 123 124 … 168