Capital Market/Banking Archives — Page 132 of 153

November 3, 2017 No Responses

At Sterling Bank lecture, experts harp on reducing poverty, unemployment through non-interest banking

As part of measures to further deepen public awareness and understanding of alternative finance or Non-Interest Banking (NIB) in Nigeria, Sterling Bank Plc, recently organised a public lecture on “Reducing Poverty & Unemployment through Non-Interest Banking. Seasoned scholars and policy...

November 2, 2017 No Responses

Heritage Bank partners IFCOD on use of art performance for economic development

As part of its commitment to the growth and socio-economic development of Nigeria’s creative industry, Heritage Bank Plc has seal partnership with the organizers of the International Festival of Contemporary Dance (IFCOD) to host the second edition of ...

November 2, 2017 No Responses

Citibank hosts cash, trade seminar for banking industry professionals

Citibank recently concluded a week long Cash & Trade Seminar for banking industry professionals. The seminar had over 45 participants from various banks in the industry. The annual seminar is a demonstration of Citi’s commitment to using its global ...

November 1, 2017 No Responses

N22 lifts Nestle to N1,252 per share

By citybusinessnews@yahoo.com – Transactions on the floor of Nigerian Stock Exchange (NSE) continued on Tuesday on a positive note as market capitalisation gained N67 billion or 0.53 per cent to close at N12.694 trillion compared with N12.627...

October 31, 2017 No Responses

Total Nigeria, Forte Oil top gainers’ table

By citybusinessnews@yahoo.com – Transactions on the floor of Nigerian Stock Exchange (NSE) resumed on Monday on a positive note as market capitalisation increased by N8 billion or 0.06 per cent to close at N12.627 trillion compared to N12.61...

October 30, 2017 No Responses

Oando: Shareholders seek accelerated forensic audit

The proposed forensic audit of Oando Plc should commence without any further delay, shareholders of the company declared on Sunday in Lagos. According to the shareholders, the investigation should be detailed and “without any fear or favour”. Under t...

October 28, 2017 No Responses

Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days

For the week ended October 27, 2017, trading in the shares of United Bank for Africa (UBA) Plc, Access Bank Plc and FBN Holdings Plc accounted for 515.058 million shares worth N4.458 billion in 3,088 deals. Trading in the shares on the...

October 27, 2017 No Responses

Access Bank declares N365b earnings in Q3

Access Bank Plc has announced its third quarter (Q3) results for 2017 which reflect the Bank’s ability to generate sustainable earnings despite the challenging operating environment. The results for the nine months ended 30 September 2017 showed 33% grow...

October 27, 2017 No Responses

FBN Holdings declares N45.8B profit in Q3, appoints Folake Ani-Mumuney, Mimiko Executive Directors

By citybusinessnews@yahoo.com – For the nine months ended September 30, 2017, FBN Holdings has announced Profit after tax of N45.8 billion, up 7.8 per cent when compared with N42.5 billion recorded in 2016. Gross earnings is N439.2 b...

October 26, 2017 No Responses

Market capitalisation attains N101b, index up by 0.25 per cent

For the second day, the Nigerian Stock Exchange (NSE) on Wednesday sustained growth as the market capitalization recorded N101billion to close atN12.675 trillion. Also, the index increased by 91.23 points or 0.25 per cent to close at 36,622.85 compared with....