Category: Capital Market/Banking

Bank Backs AfCFTA With $1b
July 9, 2019 No Responses

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, Mr Obi Emekekwue,...
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SEC Tasks Stockbrokers on Professionalism, Capital Market Growth
July 9, 2019 No Responses

SEC Tasks Stockbrokers on Professionalism, Capital Market Growth

The Securities and Exchange Commission ( SEC) has urged members of the chartered Institute of Stockbrokers, CIS to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organizations, and the...
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SEC Approves Airtel’s Listing On NSE
July 7, 2019 No Responses

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...
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FirstBank To Empower 500 Widows
July 6, 2019 No Responses

FirstBank To Empower 500 Widows

First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR).  Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their....
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NSE Postpones Listing Of Airtel
July 6, 2019 No Responses

NSE Postpones Listing Of Airtel

The Nigerian Stock Exchange (NSE) has postponed the proposed Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc.  According to NSE, the listing earlier scheduled for Friday, July 5th, 2019 was  postponed to ensure th...
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NSE Partners Chapel Hill On Alternative Investment Training
July 4, 2019 No Responses

NSE Partners Chapel Hill On Alternative Investment Training

The Nigerian Stock Exchange (NSE), in collaboration with Chapel Hill Denham, on Wednesday organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments”.   The training covered core concepts of alter...
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SEC Reduces Cost, Timelines For Transmission of Shares
July 4, 2019 No Responses

SEC Reduces Cost, Timelines For Transmission of Shares

Determined to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim such dividends the Securities and Exchange Commission (SEC) has further reduced the time, proce...
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NSE Suspends Conoil, Ten Others
July 3, 2019 No Responses

NSE Suspends Conoil, Ten Others

The Nigerian Stock Exchange (NSE) on Tuesday suspended trading in the shares of 11 companies over delayed filing of accounts. According to NSE Head, Listings Regulation Department, Godstime Iwenekhai, the companies are: Conoil, FTN Cocoa Processors, Goldlink I...
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SEC To Skye Bank Investors: Claim Your Dividends
July 1, 2019 No Responses

SEC To Skye Bank Investors: Claim Your Dividends

The Securities and Exchange Commission, SEC, has again re iterated it earlier directives to shareholders of defunct Skye bank to claim their dividend payment. This the SEC said is part of its investor protection programme and as well as ensure...
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CFA Institute To Partner Ecobank On Training, Research
July 1, 2019 No Responses

CFA Institute To Partner Ecobank On Training, Research

The Chief Executive and President Chartered Financial Analyst (CFA) Institute, Paul Smith has called for a closer collaboration with Ecobank Nigeria along areas of mutual interest in the nation’s  financial industry. Smith who was speaking during a cour...
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Sunu Assurances Boss Lauds New Capital Base Requirement For Insurance Sector
June 29, 2019 No Responses

Sunu Assurances Boss Lauds New Capital Base Requirement For Insurance Sector

The Managing Director, Sunu Assurances Nigeria Plc, Mr Samuel Ogbodu, has commended the National Insurance Commission  (NAICOM) for increasing the capital base of various categories of players in the industry. According to Ogbodu,  the proposal is ex...
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Total Nigeria Shareholders Get N4.75b Dividend For 2018
June 28, 2019 No Responses

Total Nigeria Shareholders Get N4.75b Dividend For 2018

For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to  N14 per share.  The shareholders gave the approval at the company’s 41st Annual General M...
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CSR At The Nigerian Stock Exchange
June 28, 2019 No Responses

CSR At The Nigerian Stock Exchange

By Olumide Orojimi – At The Nigerian Stock Exchange (NSE or the Exchange), CSR means Corporate Sustainability and Responsibility. Our approach to CSR ensures that the NSE adopts a holistic programme in creating sustainable value, leveraging its unique po...
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NSE Begins Enlightenment Campaign On ETF
June 27, 2019 No Responses

NSE Begins Enlightenment Campaign On ETF

The Nigerian Stock Exchange (NSE)  has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in Exchange Traded Funds (ETFs) market.  The campaign which runs from June 26 to 28, 2019, will see the Exchange ...
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