Category: Capital Market/Banking

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) with the theme:...
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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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First Bank gets ‘most customer friendly award’
September 15, 2016 No Responses

First Bank gets ‘most customer friendly award’

FBN Holdings Plc recently garnered awards at the BusinessDay 2016 Annual Banking Awards.   First Bank of Nigeria Limited and FBN Capital Limited, both subsidiaries of the FBNHoldings Group were recipients of double laurels at the event. First Bank of...
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Unity Bank sacks 213 workers
September 15, 2016 No Responses

Unity Bank sacks 213 workers

The Management of Unity Bank Plc sacked 213 of its workforce.   A source explained that the exercise form part of the financial institution’s plan to reposition its operations.   Contacted on Wednesday, a highly placed source within the Bank...
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UBA wins best Bank in Sub-Sahara Africa award, sponsors Ebola Movie “93 Days”
September 13, 2016 No Responses

UBA wins best Bank in Sub-Sahara Africa award, sponsors Ebola Movie “93 Days”

Pan-African banking group, United Bank for Africa (UBA) Plc at the weekend carted home two very important laurels at the annual Businessday Banking Awards, winning the Best Bank in Sub-Saharan Africa and the Best Bank in support of Agriculture.  ...
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FG intensifies consultations on issuance of Green Bond
September 12, 2016 No Responses

FG intensifies consultations on issuance of Green Bond

The Federal Government has commenced consultation with capital market stakeholders on the issuance of Green Bond.   According to the Minister of Environment,   Amina Mohammed, the process is expected to contribute to Nigeria’s development.    Already, t...
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