Category: Capital Market/Banking

Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap
October 3, 2023 No Responses

Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap

By Clifford Akpolo — Within the intricate landscape of Nigeria’s economic future lies a critical divide that demands the attention of all stakeholders — the chasm of financial literacy. In a nation with boundless aspirations, the sobering reality looms: a mere...
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Again, Ecobank Alerts Customers On Sim Card Fraud
October 2, 2023 No Responses

Again, Ecobank Alerts Customers On Sim Card Fraud

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In a message to customers via email, the bank explained that SIM swap fraud occurs when scammers use...
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Presco’s Shareholders Get N8.6b Dividend For 2022
September 29, 2023 No Responses

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
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CBN: Cardoso Pledges Compliance
September 27, 2023 No Responses

CBN: Cardoso Pledges Compliance

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has promised that his administration would inculcate a culture of compliance into the apex bank by adhering strictly to the CBN Act 2007. “I believe that the Central Bank under...
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FG, NGX To Drive Startup Listings With Tech Board
September 23, 2023 No Responses

FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board.  The Minister of Communications...
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Cardoso Assumes Duty As CBN Governor
September 23, 2023 No Responses

Cardoso Assumes Duty As CBN Governor

Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CBN in a statement, on...
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Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment 
September 22, 2023 No Responses

Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment 

President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital.   Tinubu stated this just before he rang the Closing Bell of...
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UBA Canvasses Stakeholders’ Collaboration Against Digital Threats
September 21, 2023 No Responses

UBA Canvasses Stakeholders’ Collaboration Against Digital Threats

The Head of Digital Banking, United Bank for Africa Plc (UBA),  Olukayode Olubiyi has called on stakeholders to come together as part of measures to checkmate growing threats to the country’s digital payment system.  Olubiyi made the call whil...
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Oando Declares N32.9b Profit For 2021
September 19, 2023 No Responses

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of its intent to acquire the Nigeria Agip Oi...
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Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry
September 18, 2023 No Responses

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. T...
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Photo News
September 18, 2023 No Responses

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Di...
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Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC
September 18, 2023 No Responses

Tinubu To Ring NASDAQ Closing Bell As NGX Group Partners U.S CoC, NIPC

President Bola Ahmed Tinubu will ring the Closing Bell of NASDAQ in New York, United States as part of proceedings at the Executive Business Dialogue organized by United States Chamber of Commerce, Nigerian Exchange Group Plc (NGX Group) and Nigerian...
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Tinubu Nominates Yemi Cardoso As CBN Governor
September 15, 2023 No Responses

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...
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Fidelity Bank Completes 100% Acquisition Of Union Bank UK 
September 14, 2023 No Responses

Fidelity Bank Completes 100% Acquisition Of Union Bank UK 

Fidelity Bank Plc has announced the completion of the acquisition of a 100 per cent stake in Union Bank Plc UK. In a statement to the investing community through the Nigerian Exchange Limited (NGX) on Wednesday, the bank explained that...
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