Category: Capital Market/Banking

Elumelu: Negative narrative around Africa is continent’s greatest challenge
September 13, 2017 No Responses

Elumelu: Negative narrative around Africa is continent’s greatest challenge

The greatest challenge Africa has as a continent when it comes to attracting investment is in the way it is portrayed, the Chairman of Heirs Holdings, Tony Elumelu has said.    Speaking at Charhan House in London, Elumelu said Information presented...
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WFE elects eight Directors
September 8, 2017 No Responses

WFE elects eight Directors

At the 57th General Assembly in Bangkok on Thursday, the World Federation of Exchanges (WFE) elected eight Directors of the Board.​ ​The Directors of the Board are: 1.  Chairman Wu Qing, Shanghai Stock Exchange – Chairman, WFE (1-year term) 2....
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Q2: Stanbic IBTC attracts N413.62b capital into Nigeria
September 7, 2017 No Responses

Q2: Stanbic IBTC attracts N413.62b capital into Nigeria

Stanbic IBTC, a member of Standard Bank Group, in the second quarter (Q2) of this year, facilitated a $589.84 million capital inflow into the country, ranking it first among financial institutions that imported capital into Nigeria.  According to the Nigerian...
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FG begins audit of banks’ remittances to CBN
August 18, 2017 No Responses

FG begins audit of banks’ remittances to CBN

The Federal Government has commenced audit of remittances of its funds into the Treasury Single Account (TSA) by Deposit Money Banks.    Speaking in Abuja at a two-day workshop for finance journalists on the TSA and other public financial management...
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FirstBank appoints Tosin Adewuyi as Group Executive, Executive Director, FBNBank UK
August 16, 2017 No Responses

FirstBank appoints Tosin Adewuyi as Group Executive, Executive Director, FBNBank UK

First Bank of Nigeria Limited has announced the appointment of Mr. Tosin Adewuyi as a Group Executive of First Bank of Nigeria Limited and an Executive Director of its flagship subsidiary FBNBank UK Limited.   The appointment is, however, subject...
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Heritage Bank, RIMAN, FDC enjoin firms to embrace modern risk management practices
August 15, 2017 No Responses

Heritage Bank, RIMAN, FDC enjoin firms to embrace modern risk management practices

Heritage Bank Plc, Risk Managers Association of Nigeria (RIMAN) and Financial Derivatives Company Limited have called on corporate organizations to adopt systemic and cultural changes to embed risk management into their organisations as part of measures to ma...
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Heritage Bank Photo News
August 8, 2017 No Responses

Heritage Bank Photo News

L-R: Ifie Sekibo, MD/CEO of Heritage Bank Plc; Dr. Pual Apolo, Chief Launcher to the Fund and Governor of Oyo State, Sen. Abiola Ajimobi, at the launching of the N50bn Healthcare Endowment Fund for restoration and transformation of Government Hospitals...
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NSE gets CSR award
August 4, 2017 No Responses

NSE gets CSR award

The Lagos Chamber of Commerce and Industry (LCCI) has honoured the Nigerian Stock Exchange (NSE) with Corporate Social Responsibility (CSR) of the Year Award.     Speaking at the  Commerce & Industry Awards 2017 ,  Muda Yusuf, Director General of the....
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Ecobank unveils “double your target saving” Promo
August 3, 2017 No Responses

Ecobank unveils “double your target saving” Promo

Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within  a specified period. The promo tagged, Double Your Target Savings Promo is intended for customers who want to build...
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Oscar Onyema, NSE CEO elevated fellow of IoD Nigeria
July 31, 2017 No Responses

Oscar Onyema, NSE CEO elevated fellow of IoD Nigeria

The Chief Executive Officer of Nigerian Stock Exchange, Mr Oscar N. Onyema was on Friday, July 28, 2018 elevated to a Fellow of the Institute of Directors, Nigeria.   Fellowship is one of the highest honours the IoD can bestow...
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FG lauds Heritage Bank commitment to entertainment industry
July 24, 2017 No Responses

FG lauds Heritage Bank commitment to entertainment industry

For its commitment to the development and growth of the creative industry in Nigeria, the Federal Government has commended Heritage Bank Limited.  The Minister of Information and Culture, Alhaji Lai Mohammed gave the commendation at a two-day Creative Nigeria...
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UBA increases international spend limit on naira cards to $2000.
July 20, 2017 No Responses

UBA increases international spend limit on naira cards to $2000.

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increas...
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UBA lifts NSE’s activity chart
July 19, 2017 No Responses

UBA lifts NSE’s activity chart

The United Bank for Africa (UBA) on Tuesday sustained its growth profile on the floor of Nigerian Stock Exchange (NSE)  with a turnover of 2.09 billion shares valued at N19.76Billion.  At the end of trading activities on Tuesday,  a total...
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FirstBank’s financial literacy programme berths in South-East.
July 19, 2017 No Responses

FirstBank’s financial literacy programme berths in South-East.

First Bank of Nigeria Limited has expanded its Financial Literacy programme to the Eastern part of the country with the launch of its Financial Literacy programme for Secondary Schools in Ebony State, under the auspices of the FirstBank FutureFirst Programme.....
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