Category: Capital Market/Banking

50,000 Target: Firstbank , NCF Extend Tree Planting To FCT
August 22, 2024 No Responses

50,000 Target: Firstbank , NCF Extend Tree Planting To FCT

FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover.According to the bank, the tree planting exercise led by Aishatu Bubaram, the Group Executive, Commercial Banking, North, FirstBank, is part...
read more
FG Imposes N555.8m Fine On Fidelity Bank
August 22, 2024 No Responses

FG Imposes N555.8m Fine On Fidelity Bank

For violating its customers’ data privacy, the National Data Protection Commission (NDPC) has imposed N555.8 million fine on Fidelity Bank Plc.  NDPC’s National Commissioner, Vincent Olatunji, disclosed this during a Validation Workshop on t...
read more
Presco To Construct Ugo-Evboesi Axis Of Benin-Abraka Expressway
August 21, 2024 No Responses

Presco To Construct Ugo-Evboesi Axis Of Benin-Abraka Expressway

Presco Plc has concluded plans to commence the construction of Ugo-Evboesi axis of the Benin-Abraka Road under the Edo State Infrastructure Development and Social Investment Tax Credit Scheme.The scheme was set up by Governor Godwin Obaseki to enable companies...
read more
CBN Explains High Remittance Inflows Of $553m In July
August 21, 2024 No Responses

CBN Explains High Remittance Inflows Of $553m In July

For the Month of July, 2024, the Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m, a 130 per cent increase from the corresponding period in 2023. A statement by the Apex bank’s Ag....
read more
FirstBank Commemorates Corporate Responsibility & Sustainability Week
August 20, 2024 No Responses

FirstBank Commemorates Corporate Responsibility & Sustainability Week

FirstBank has announced its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. A statement explained that this year’s edition aims to reinforce the bank’s positive outcomes of sowing seeds of kindn...
read more
Ecobank Unveils Top Finalists For 2024 Fintech Challenge
August 17, 2024 No Responses

Ecobank Unveils Top Finalists For 2024 Fintech Challenge

Ecobank has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre in Lagos, Nigeria. According to Ecobank, the finalists were selected from a cohort of 40...
read more
ACCESS Holdings Plc Extends Rights Issues Acceptance To August 24
August 15, 2024 No Responses

ACCESS Holdings Plc Extends Rights Issues Acceptance To August 24

Following the approval of the Securities & Exchange Commission (SEC), Access Holdings Plc has extended the acceptance period for its ongoing Rights Issue to August 23, 2024. It was initially scheduled to close on August 14, 2024. A statement signed...
read more
DMO Offers Two FG Savings Bonds For Subscription
August 13, 2024 No Responses

DMO Offers Two FG Savings Bonds For Subscription

The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Monday, the first offer is a two-year FGN savings bond due...
read more
CBN Approves Merger Of Unity, Providus Banks
August 7, 2024 No Responses

CBN Approves Merger Of Unity, Providus Banks

The Central Bank of Nigeria (CBN) has approved the merger between Unity Bank Plc and Providus Bank Limited. In a statement on Tuesday, CBN through its acting Director of Corporate Communications, Hakama Sidi-Ali, explained that the move is designed to...
read more
Capital Market Investors Recover N219b
August 3, 2024 No Responses

Capital Market Investors Recover N219b

The equity market rebounded on Friday with N219 billion gain, closing the week’s trading sessions on a positive note in spite of the nationwide protests. The major drivers of the market’s positive performance included Zenith Bank, Access Corporation, Fidel...
read more
Shareholders Lose N235bAmidst Nationwide Protest
August 2, 2024 No Responses

Shareholders Lose N235bAmidst Nationwide Protest

The Nigerian stock market on Thursday, August 1, 2024, lost N235 billion in value amid cautious investor sentiment triggered by ongoing nationwide protest. At the end of the day’s transactions, the market capitalisation reduced to N55.278 trillion from an op...
read more
VFD Group Declares N3.11b Profit for H1 2024
July 31, 2024 No Responses

VFD Group Declares N3.11b Profit for H1 2024

VFD Group Plc has announced its unaudited financial results for the first half of the year 2024.The Group reported a profit after tax of N3.11 billion, demonstrating strong financial performance and resilience in a challenging economic landscape.Group’s tota...
read more
Access Bank Revamps QuickBucks, Disburses N740b Digital Loans in Seven Years
July 30, 2024 No Responses

Access Bank Revamps QuickBucks, Disburses N740b Digital Loans in Seven Years

Access Bank has revamped its digital loan platform ’QuickBucks’, to boost lending across Nigerian consumers.The bank said customers can access the bank’s digital loans for businesses, vehicle financing, school fees payment, among others. QuickBucks Loans...
read more
CBN Allocates Another $148m To Authorised Dealers
July 28, 2024 No Responses

CBN Allocates Another $148m To Authorised Dealers

The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign exchange market. Acting Director of the Corporate Communications Department, Hakama Ali,...
read more
1 … 23 24 25 26 27 … 182