Category: Capital Market/Banking

New Core Investor Acquires Polaris Bank
October 21, 2022 No Responses

New Core Investor Acquires Polaris Bank

A new core investor, Strategic Capital Investment Ltd. (SCIL) has acquired Polaris Bank, The Central Bank of Nigeria (CBN), disclosed on Thursday. A statement signed by Mr Osita Nwanisobi, Director, Corporate Communications and posted on CBN website on Thursday, said...
read more
Ecobank Nigeria Unveils Super Reward Season 3 Extension
October 19, 2022 No Responses

Ecobank Nigeria Unveils Super Reward Season 3 Extension

Ecobank Nigeria has announced the commencement of the Season 3 extension of its Super Rewards Campaign.  A statement sent to City Business News explained that the “customer-focused initiative is designed by Ecobank Nigeria to reward customers’ loyalty...
read more
Fidelity Bank Redeems $400m Eurobond Notes
October 18, 2022 No Responses

Fidelity Bank Redeems $400m Eurobond Notes

By Moses Ebosele, ebosele@hotmail.com — Fidelity Bank Plc on Monday announced the redemption of the $400 million Eurobond Notes due October 17, 2022.  A statement sent to City Business News explained that On October 17, 2017, the bank successf...
read more
World’s Five Largest Stock Exchanges List 450 New Firms In Nine Months
October 18, 2022 No Responses

World’s Five Largest Stock Exchanges List 450 New Firms In Nine Months

The global economy is staring at a possible recession as inflation continues to wreak havoc across the stock market. Despite the conditions, the leading global stock exchanges by the number of listed companies are attracting new firms as investo...
read more
SEC At Gombe Investment Summit, Harps On Opportunities In Capital Market
October 13, 2022 No Responses

SEC At Gombe Investment Summit, Harps On Opportunities In Capital Market

Investors in Nigeria have been urged to explore the various opportunities available in the capital market in a bid to grow their businesses, create wealth and improve their standards of living.   Director General of Securities and Exchange Commission...
read more
FirstBank Partners Group On National Competition
October 12, 2022 No Responses

FirstBank Partners Group On National Competition

First Bank of Nigeria Ltd., on Tuesday partnered Junior Achievement Nigeria (JAN) to implement the 22nd National Company of the Year (NCOY) competition.  A statement issued by Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications...
read more
SEC Nigeria, Ghana Renew Market Development Partnership
October 10, 2022 No Responses

SEC Nigeria, Ghana Renew Market Development Partnership

As part of measures to encourage market integration and provide better opportunities for the economic prosperity of Nigeria and Ghana, the Securities and Exchange Commissions of both countries have signed a renewed Memorandum of Understanding.   Speaking dur...
read more
Unity Bank Bags CBN Award
October 8, 2022 No Responses

Unity Bank Bags CBN Award

Unity Bank Plc has received an Award of Recognition for emerging as the “Best Bank in Customer Complaint Resolution 2021” recently at the Kano Central Bank of Nigeria/Banker’s Committee event held to uphold quality customer service culture in the banking...
read more
NGX Group Appoints Umaru Kwairanga New Chairman
October 7, 2022 No Responses

NGX Group Appoints Umaru Kwairanga New Chairman

The Board of the Nigerian Exchange Group (NGX Group) has appointed Dr Umaru Kwairanga as its new Chairman.  The group, in a statement on Thursday in Lagos, said that Kwairanga’s appointment was approved at a meeting on Wednesday.  Prior to...
read more
NGX Lists Geregu Power On Main Board 
October 6, 2022 No Responses

NGX Lists Geregu Power On Main Board 

The Nigerian Exchange Ltd. (NGX) on Wednesday listed Geregu Power Plc on its main board with 2.5 billion ordinary shares at N100 per share under the utilities sector and electric power generation sub-sector of NGX.  The News Agency of Nigeria...
read more
Access Bank To Acquire Majority Stake In Angolan-Based Finibanco 
October 5, 2022 No Responses

Access Bank To Acquire Majority Stake In Angolan-Based Finibanco 

Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of a majority equity stake in Angolan-based Finibanco S.A by Access Bank Plc.   The Company’s Secretary,  Mr Sunday Ekwochi, in a statement on Tuesday explained tha...
read more
Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery
October 5, 2022 No Responses

Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery

The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet and surpass their expectations with product offerings...
read more
NGX Group’s Shareholders Re-Elect Non-Executive Directors
October 1, 2022 No Responses

NGX Group’s Shareholders Re-Elect Non-Executive Directors

Shareholders of Nigerian Exchange Group Plc (NGX Group) on Friday approved resolutions by the company’s Board of Directors to re-elect Mr Apollos Ikpobe and Dr Okechukwu Itanyi as non-executive directors.  They both retired by rotation before their re-e...
read more
Elumelu Proposes N50m Capital Base For Insurance Brokers
September 30, 2022 No Responses

Elumelu Proposes N50m Capital Base For Insurance Brokers

Chairman, Heirs Holdings, Tony Elumelu,  on Thursday proposed N50 million as a capital base for insurance broking firms operating in Nigeria.  Elumelu, also founder, Tony Elumelu Foundation, said this at the 60th Anniversary Colloquium of the Nigerian Counc...
read more
1 … 38 39 40 41 42 … 169