Category: Capital Market/Banking

UBA profit hits N62 Billion in nine months
October 13, 2016 No Responses

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents 18.2% annualized return...
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NSE Organises First Market Data Workshop
October 11, 2016 No Responses

NSE Organises First Market Data Workshop

The Nigerian Stock Exchange (NSE) in collaboration with Independent Software Vendors (ISVs) and Market Data Vendors (MDVs) is set to host its inaugural Market Data Workshop, onTuesday, October 18, 2016 at The Civic Center, Victoria Island, Lagos.     The wo...
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Ecobank renews partnership with Global Fund
October 8, 2016 No Responses

Ecobank renews partnership with Global Fund

Ecobank Transnational  Incorporated  has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years.   Ecobank in a statement on Friday explained that the  relationship between the two organisations began...
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Heritage Bank seeks sustained support for firms
October 8, 2016 No Responses

Heritage Bank seeks sustained support for firms

 As part of measures to create wealth for individual customers,  Heritage Bank  recently took advantage of customers’ service/appreciation week to organise a business fair to  celebrates the business activities of   various customers. The fair which t...
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FirstBank partners NESG on 22nd economic summit
October 8, 2016 No Responses

FirstBank partners NESG on 22nd economic summit

Inline with commitment to drive financial inclusion and sustainable national economic development, First Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered the Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) ...
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Heritage Bank sponsors African Fashion & Design week
October 6, 2016 No Responses

Heritage Bank sponsors African Fashion & Design week

Heritage Bank Plc will be the lead sponsor of the 2016 African Fashion and Design Week (AFDW) titled “Be Inspired”.  Already, Media personalities, Sika Osei and Uti Nwachukwu have been unveiled as the official hosts for the event. African Fashion and...
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‘Partnership with Tony Elumelu Foundation will lift creative industries’
October 5, 2016 No Responses

‘Partnership with Tony Elumelu Foundation will lift creative industries’

The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said.  Speaking at a cere...
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FBN Holdings supports Cerebral Palsy Day with advocacy campaign
September 29, 2016 No Responses

FBN Holdings supports Cerebral Palsy Day with advocacy campaign

Come Saturday October 1, 2016, FBN Holdings Plc, in collaborating with the Benola Cerebral Palsy initiative will  organise a charity walk and enlightenment campaign to commemorate World Cerebral Palsy Day.  According to FBN Holdings, the walk will take off a...
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Senate probes four banks over alleged MTN’s transfer of $13.9B
September 28, 2016 No Responses

Senate probes four banks over alleged MTN’s transfer of $13.9B

The Senate has   directed its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illegal repatriation of $13.9 billion to South Africa by MTN through its bankers between 2006 and 2016.   The probe is also expected...
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Wema Bank, Bank of Uganda brainstorm on performance management
September 27, 2016 No Responses

Wema Bank, Bank of Uganda brainstorm on performance management

Wema Bank, recently, hosted some staff of Uganda’s Apex Bank; The Bank of Uganda (BoU), on a week-long knowledge and skills sharing session on Balanced Score Card and Performance Management. Speaking on the BoU’s decision to take a cue from...
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World Federation of Exchanges unveils Cyber Resilience Principles
September 25, 2016 No Responses

World Federation of Exchanges unveils Cyber Resilience Principles

The World Federation of Exchanges (WFE) has published a set of principles around cyber resilience, intended to support and complement guidance already provided by global regulators.  According to WEF, the principles have been drafted in consultation with memb...
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Elumelu wins Africa Investor ‘Person of the Year’ Award in New York.
September 21, 2016 No Responses

Elumelu wins Africa Investor ‘Person of the Year’ Award in New York.

The Chairman of Heirs Holdings, Mr. Tony Elumelu has been honoured with the ‘Person of the Year’ award at the Africa Investor Chief Executive Officer (CEO) Institutional Investment Summit hosted alongside the UN General Assembly in New York,  Receiving th...
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FirstBank offers educational solutions to Schools
September 21, 2016 No Responses

FirstBank offers educational solutions to Schools

It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited, is again set to support schools with their educational requirements to enhance preparations for the school year....
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Elumelu seeks more U.S engagement, investment in Africa
September 20, 2016 No Responses

Elumelu seeks more U.S engagement, investment in Africa

The chairman of United Bank for Africa Plc, (UBA) Tony Elumelu, has called for more United States of America (USA)  engagement in Africa through mutually beneficial trade and investment.   Elumelu, who is on a business tour of the US...
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