Category: Capital Market/Banking

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 proposed...
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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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Zenith Bank Declares N150.72b Profit In Q3
October 24, 2019 No Responses

Zenith Bank Declares N150.72b Profit In Q3

Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a growth of five per cent when compared to N144.18 billion achieved in the corresponding period...
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Investors Stake N6.18b On Zenith Bank’s 357.23m Shares
October 23, 2019 No Responses

Investors Stake N6.18b On Zenith Bank’s 357.23m Shares

Investors on the floor of Nigerian Stock Exchange (NSE) on Tuesday staked N7.83 billion on 694.02 million shares in 2,780 deals.The volume of shares traded represented an increase of 182.29 per cent compared with 245.85 million shares valued at N1.36...
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Heritage Bank Pledges More Support For Young Entrepreneurs
October 22, 2019 No Responses

Heritage Bank Pledges More Support For Young Entrepreneurs

As part of measures  to contribute to the growth of economic drive, Heritage Bank Plc has pledged continued support for The Next Titan Season-six.The Next Titan entrepreneurial reality TV show sponsored annually by Heritage Bank Plc has unveiled 16 conten...
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SEC Photo New
October 22, 2019 No Responses

SEC Photo New

L-R:Managing Director, Central Securities Clearing System (CSCS), Mr Jalo Waziri, Acting Director General, Securities  and Exchange Commission (SEC) Ms Mary Uduk and Managing Director, Nigerian Association of Securities Dealers, Mr Bola Ajomole during an ...
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CSCS Wins BAFI Award
October 22, 2019 No Responses

CSCS Wins BAFI Award

The Central Securities Clearing System Plc (CSCS) has received special recognition for its contribution to the financial services industry, by winning the Continental Leader in Post-trade and Custody Services award, at the 7th Annual Business Day Banks’ and ...
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