Category: Capital Market/Banking

LCCI Lauds Fidelity Bank For Supporting MSMEs
November 7, 2019 No Responses

LCCI Lauds Fidelity Bank For Supporting MSMEs

The Lagos Chamber of Commerce and Industry (LCCI) has commended Fidelity Bank Plc for its support to the growth of Micro, Small and Medium Enterprises (MSMEs) in the country. Its President, Mr Babatunde Ruwase, made the commendation on Wednesday at...
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CBN Implores African Countries On Human Capital Development
November 5, 2019 No Responses

CBN Implores African Countries On Human Capital Development

As part of measures to compete globally, the Central Bank of Nigeria (CBN) on Monday urged African countries to invest in human capital development. The CBN Governor, Mr Godwin Emefiele, gave the advice at the ongoing African Economic Congress (AEC)...
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UBA Unveils Self-Printing Debit Card Machine At Lagos Trade Fair
November 5, 2019 No Responses

UBA Unveils Self-Printing Debit Card Machine At Lagos Trade Fair

As part of activities lined up for the ongoing Lagos International Trade Fair, United Bank for Africa (UBA) has unveiled self-printing debit machine.   Speaking at the event, the Chief Executive Officer, UBA Africa, Victor Osadolor explained that technolo...
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Heritage Bank Photo News
November 4, 2019 No Responses

Heritage Bank Photo News

 L-R: John Gbassa, CEO/MD of WAO Global Trading Ltd; Koji Shirotani, Divisional Manager, Sub-Sahara Africa Business Development Division; Afolasade Alonge, Divisional Head, Corporate and Specialized Banking, Heritage Bank Plc; Masafumi Tanimoto, General M...
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UBA Offers Full Banking Services At Lagos Trade Fair
November 3, 2019 No Responses

UBA Offers Full Banking Services At Lagos Trade Fair

The United Bank (UBA)for Africa Plc has commenced full banking services at the ongoing Lagos International Trade Fair. The Fair scheduled to hold between November 1st and 10th, 2019, is the 33rd edition and is put together by UBA Plc...
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NSE Photo News
November 1, 2019 No Responses

NSE Photo News

 R – L Mr. Olumide Bolumole, Head, Listing Business, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mr. Tony Okpanachi, Managing Director/CEO, Development Bank of Nigeria (DBN) during Closing Gong Ceremony to solidify the ...
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Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore
November 1, 2019 No Responses

Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore

 By Oscar Onyema, CEO, NSE I am honoured to recap the 59th WFE General Assembly & Annual Meeting (GA&AM) held in Singapore, 8-10 October 2019. It always gives me great pleasure to attend the WFE’s flagship conference, which is our...
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Zenith Bank Tops Activity Chart As Investors Stake N1.7b On Shares
October 31, 2019 No Responses

Zenith Bank Tops Activity Chart As Investors Stake N1.7b On Shares

Zenith Bank Plc on Thursday topped activity chart on the floor of Nigeria Stock Exchange (NSE) with a total of 103.69 million shares worth N1.77 billion.At the end of the day, transactions on the floor closed positive with 18 gainers...
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Union Bank Declares N15.2b Profit In Q3
October 31, 2019 No Responses

Union Bank Declares N15.2b Profit In Q3

Union Bank of Nigeria (UBN) Plc on Wednesday reported profit after tax of N15.2 billion for the nine months ended Sept. 30, 2019. The bank in a statement in Lagos said that the profit represented a growth of four per...
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Ecobank Offers Free Access Charge On *326# USSD Short Code
October 31, 2019 No Responses

Ecobank Offers Free Access Charge On *326# USSD Short Code

Ecobank Nigeria has announced that access to its *326# Unstructured Supplementary Service Data (USSD) is at zero cost to the consumer. By this announcement an Ecobank customer who performs transactions on the bank’s platform by dialing *326# is free of...
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Fidelity Bank Declares N23b Profit In Q3
October 30, 2019 No Responses

Fidelity Bank Declares N23b Profit In Q3

By citybusinessnews@yahoo.com — For the third quarter ended September 30, 2019, Fidelity Bank Plc has declared Gross Earnings of N161.4billion, an increase of 16.3 percent when compared to ₦138.7 billion reported in the same period in 2018. According t...
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Sterling Retail Loans Up 200%, Grows Net Interest Income By 19%
October 30, 2019 No Responses

Sterling Retail Loans Up 200%, Grows Net Interest Income By 19%

Sterling Bank Plc, a full-service national commercial bank, has reported a net interest income growth of N47.53 billion for the third quarter ended September 30, 2019 as against N39.834 billion for the corresponding period of 2018, representing a growth of...
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WFE Issues Call For Academic Papers
October 27, 2019 No Responses

WFE Issues Call For Academic Papers

The World Federation of Exchanges (WFE) has issued a call for papers, ahead of its Clearing & Derivatives Conference in Malta, 26-27 March 2020.  According to WFE, the conference will bring together academics, policy-makers, WFE member CCPs and deriva...
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Winners Emerge In NSE Inaugural Hackathon
October 25, 2019 No Responses

Winners Emerge In NSE Inaugural Hackathon

After a thorough review of entries received, the Nigerian Stock Exchange (NSE) on Thursday announced winners of its maiden edition of X-Kathon competition.  X-Kathon is NSE’s first Hackathon designed to encourage Tech enthusiasts to develop innovative F...
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