Category: Capital Market/Banking

FirstBank attains ISO 9001: 2015 quality management systems certification
November 2, 2016 No Responses

FirstBank attains ISO 9001: 2015 quality management systems certification

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc  has achieved the Quality Management Systems certification from the International Standards    Organisation (ISO).   This certification also known as the ISO 9001:2015 is the latest version of ISO quality...
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500 students benefit from Wema Bank training on savings culture
November 2, 2016 No Responses

500 students benefit from Wema Bank training on savings culture

To mark this year’s World Savings Day, Wema Bank recently held financial education sessions with students in five secondary schools in various locations in the country. More than 500 students participated.    Asked why kids should save, one of the...
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NSE to train market participants on ETFs
November 2, 2016 No Responses

NSE to train market participants on ETFs

Consistent with its commitment to broaden and deepen the Nigerian capital market, the Nigerian Stock Exchange (NSE) in partnership with the Exchange Traded Funds (ETFs) Issuers Vetiva Fund Managers Limited, Lotus Capital Limited and Stanbic IBTC Asset Manageme...
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Fidelity Bank declares N110.3B gross earnings in nine months
November 1, 2016 No Responses

Fidelity Bank declares N110.3B gross earnings in nine months

For the nine months ended September 30, 2016, Fidelity Bank Plc attained N110.3 Billion gross earnings, indicating three per cent increase when compared to its previous N107 billion.    Also within the period, deposit increased by 3.4 per cent to N795.6...
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CBN to sanction fraudulent bank customers
October 31, 2016 No Responses

CBN to sanction fraudulent bank customers

Worried by reported cases of fraud, the Central Bank of Nigeria (CBN) is to put modalities in place to sanction fraudulent bank customers nationwide.   Speaking at the October meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, CBN Director,...
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Access Bank posts N72Billion profit in Q3
October 29, 2016 No Responses

Access Bank posts N72Billion profit in Q3

Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended 30 September 2016 based on enhanced business efficiency as a result of the effective execution of its long-term strategy. The Bank’s Profit Before Tax...
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World Savings Day: FirstBank promotes financial literacy
October 29, 2016 No Responses

World Savings Day: FirstBank promotes financial literacy

FBNHoldings has announced plan to  join the rest of the world in celebrating the 2016 World Savings Day on October 31 by engaging children and youths on the rudiments of savings in line with the Central Bank of Nigeria (CBN)...
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FBN Holdings posts N417.3B gross earnings in nine months
October 27, 2016 No Responses

FBN Holdings posts N417.3B gross earnings in nine months

For the nine Months ended September 30, 2016, FBN Holdings Plc recorded N417.3 Billion gross earnings, up by 7.0 per cent when compared to N390.0 Billion attained within same period in 2015.     Also within the period, net-interest income stood...
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World Federation of Exchanges to host 300 delegates at 2016 annual meeting
October 27, 2016 No Responses

World Federation of Exchanges to host 300 delegates at 2016 annual meeting

The World Federation of Exchanges (WFE) has concluded plans to host 300 delegates at its  56th General Assembly & Annual Meeting scheduled for November 2-4,  2016, in Cartagena, Colombia.  The event, hosted by Bolsa de Valores de Colombia (BVC), will...
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Union Bank declares N13.3b pre-tax profit in Q3
October 27, 2016 No Responses

Union Bank declares N13.3b pre-tax profit in Q3

Union Bank of Nigeria (UBN) Plc has declared N13.3 Billion profit before tax for the nine months ended September 30, 2016, indicating 27 per cent growth.      According to the result, gross earnings rose by 12 per cent to N93.43...
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NSE admits The Initiatives on ASEM board
October 26, 2016 No Responses

NSE admits The Initiatives on ASEM board

Efforts by The Nigerian Stock Exchange (NSE) to encourage indigenous firms to list their shares on its market has been bolstered with the listing of 889,981,552 ordinary shares of The Initiatives Plc ( TIP) at  50 kobo each.   Priced at...
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FirstBank wins Global Finance Digital Bank of Distinction award
October 26, 2016 No Responses

FirstBank wins Global Finance Digital Bank of Distinction award

First Bank of Nigeria Limited has won the Global Finance Digital Bank of Distinction award, 2016.    This new award recognizes outstanding accomplishments in digital banking made by middle-market and local banks. It honours banks that may be outspent by...
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Zenith Bank records N380b gross earnings in Q3
October 25, 2016 No Responses

Zenith Bank records N380b gross earnings in Q3

Despite ongoing economic challenges, Zenith Bank Plc recorded N380 Billion gross earnings for Third Quarter ended September 30, 2016, up by 13 per cent when compared to same period in 2015.   Also the group’s Profit After Tax (PAT) increased...
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FCMB explains late filling of Q3 accounts
October 25, 2016 No Responses

FCMB explains late filling of Q3 accounts

 The First City Monument Bank (FCMB) Group Plc is to release its nine months ended 30 September 2016 (3Q16) accounts before the end of November, this year.   In a notice to the Nigerian Stock Exchange (NSE), the Bank said:...
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