Category: Capital Market/Banking

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b
November 11, 2017 No Responses

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation  which opened at N12.823 trillion, increased  by N24 billion or 0.19 per cent to close at N12.847 trillion.   Also, the All-Share Index...
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Market capitalisation sustains growth with N43b
November 9, 2017 No Responses

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.   Also, the...
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Heritage Bank savings campaign berth in more schools
November 9, 2017 No Responses

Heritage Bank savings campaign berth in more schools

As part of measures to expose more Nigerians to financial literacy especially at very early age in life, Heritage Bank Plc, recently joined the world in celebrating the World Savings’ Day with the theme: Our Future Starts with Savings.  ...
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Relief as NSE market capitalisation rises by N29b
November 8, 2017 No Responses

Relief as NSE market capitalisation rises by N29b

Investors’ wealth in Nigerian Stock Exchange (NSE) appreciated on Tuesday as the market capitalisation increased by N29 billion or 0.23 per cent to close at N12.810 trillion from N12.781 trillion recorded on Monday.   Also, the All-share index increased by....
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FirstBank promotes female youth entrepreneurship with house of Tara International
November 8, 2017 No Responses

FirstBank promotes female youth entrepreneurship with house of Tara International

First Bank of Nigeria Limited has partnered with House of Tara in organising “1000 Voices” to celebrate and promote female youth entrepreneurship.   The event, scheduled to hold on Wednesday, November 8, 2017 at the Harbour Point, Victoria Island, Lagos.....
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Total top losers’ table as market capitalisation records N3b loss
November 7, 2017 No Responses

Total top losers’ table as market capitalisation records N3b loss

Transactions on the floor of  Nigerian Stock Exchange (NSE) resumed on a negative note on Monday as market capitalisation, which opened atN12.784 trillion, dropped by three billion naira or 0.02 per cent to close at N12.781 trillion.  Also, the All-Share...
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Market capitalisation declines by N3b
November 3, 2017 No Responses

Market capitalisation declines by N3b

Profit taking on Thursday curtailed the three-day growth recorded on the floor of Nigerian Stock Exchange (NSE).  Specifically, market capitalisation, which opened at N12.766 trillion, dropped three billion or 0.02 per cent to close at N12.763trillion.  Also...
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At Sterling Bank lecture, experts harp on reducing poverty, unemployment through non-interest banking
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 Bank...
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Heritage Bank partners IFCOD on use of art performance for economic development
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 ...
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Citibank hosts cash, trade seminar for banking industry professionals
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 ...
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N22 lifts Nestle to N1,252 per share
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...
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Total Nigeria, Forte Oil top gainers’ table
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...
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Oando: Shareholders seek accelerated forensic audit
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...
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Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days
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...
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