UBA Pledges More Funding For SMEs

UBA Pledges More Funding For SMEs

The United Bank for Africa Plc (UBA) has pledged more funding for the growth and development of Small and Medium Scale Enterprises (SME’s) in Africa. The General Managing Director, UBA, Mr Kennedy Uzoka disclosed this on Friday in Abuja at...
read more
CBN Injects $284.2m, CNY36m

CBN Injects $284.2m, CNY36m

The Central Bank of Nigeria (CBN), in the latest round of mediation in the inter-bank foreign exchange market, has injected the sum of $284.2million in the retail Secondary Market Intervention Sales (SMIS). This is in addition to CNY36.0million in the...
read more
NSE Unveils Investors Relations Data Pack

NSE Unveils Investors Relations Data Pack

The Nigerian Stock Exchange (NSE) has unveiled Investor Relations (IR) Data Pack, an innovative and dynamic webpage integrated with key market data, corporate news and disclosures, for corporate issuers.  NSE Investor Relations Data Pack is designed to re...
read more
Presco Reward Shareholders With N2b Dividend For 2018

Presco Reward Shareholders With N2b Dividend For 2018

By Moses Ebosele, ebosele@hotmail.com —  For the year ended December 31, 2018, Shareholders of Presco Plc on Wednesday approved proposal by the Board of Directors to pay N2billion dividend, amounting to 200kobo per share.   The company within t...
read more
Access Bank Unveils More DiamondXtra Monthly Draw Winners

Access Bank Unveils More DiamondXtra Monthly Draw Winners

Ten Nigerians have emerged in the monthly draw of the DiamondXtra savings scheme season eleven initiated by Access Bank.  The presentation, which took place in various states across Nigeria saw Samuel Ebu, Stanley Igwe, Olusina Fadare, Amos Tochukwu, Orun...
read more
DMO Lists FGN’s N100b SUKUK

DMO Lists FGN’s N100b SUKUK

By Moses Ebosele, ebosele@hotmail.com  – – Debt Management Office (DMO) on Tuesday listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%,...
read more
CBN Retains Monetary Policy Rate At 13.5%

CBN Retains Monetary Policy Rate At 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC...
read more
PSN Honours Fidelity Bank

PSN Honours Fidelity Bank

Fidelity Bank Plc has received accolades for its unwavering support for the healthcare value chain in Nigeria. The Board of Fellows of the Pharmaceutical Society of Nigeria (PSN) made the commendation at the Society’s Annual Dinner & Award Night in...
read more
CBN Implores Banks On Relationship With Customers

CBN Implores Banks On Relationship With Customers

The Central Bank of Nigeria (CBN) has advised banks and other financial institutions in the country to be transparent in their dealings in order to build customers’ confidence. Kofo Salam-Alada, the Director, Consumer Protection Department of CBN gave the ad...
read more
SEC, NFIU Sign Mou To Tackle Ponzi Schemes, Others

SEC, NFIU Sign Mou To Tackle Ponzi Schemes, Others

The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with the Nigerian Financial Intelligence Unit (NFIU) to combat Ponzi schemes and fraud in the capital market. Mrs Mary Uduk, the Acting Director-General of SEC, disclos...
read more
Non-Oil Exports: Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano

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...
read more
SEC Begins Verification Of Dantata Investors

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 ...
read more
UBA Welcomes 120 SMEs, 20,000 Visitors To Abuja

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

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...
read more