Capital Market/Banking – Page 64

March 4, 2022 No Responses

2021: Vitafoam Shareholders Get N1.9b Dividend

Vitafoam Nigeria Plc, a leading manufacturer of rigid foams and other household materials, has rewarded its shareholders with a total dividend of N1.9 billion for the year ended December 31, 2021, translating to N1.50 per share. Its Chairman, Dr Bamidele Makanjuola,...

March 2, 2022 No Responses

2021:Transcorp Hotels Records 114% Growth In Revenue, Votes N717m For Dividend

Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021.  The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as o...

March 1, 2022 No Responses

CBN Releases Operating Guidelines For R200 Policy

The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. The News Agency of Nigeria (NAN) recalls that the apex bank recently initiated the R200 policy in an effort to reduce exposure to volatile...

February 24, 2022 No Responses

Fidelity Bank Unveils Ten More GAIM 5 Promo Winners

Fidelity Bank Plc has reiterated its commitment to enriching the lives of its customers as it announced the third set of 10 millionaires in its Get Alert in Millions season 5 (GAIM 5) promo. The third monthly draw of the...

February 23, 2022 No Responses

Fidelity Bank Restates Support For CBN FX Repatriation Push, Sensitizes Customers In Non-Oil Exports Emerging Opportunities

Fidelity Bank Plc has reaffirmed its commitment to actively support the Central Bank of Nigeria’s (CBN) efforts to achieve its goal of $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years. The Executive D...

February 20, 2022 No Responses

United Capital Proposes 114% Increase In Dividend

United Capital Plc, an investment bank and pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021. The Group Chief Executive Officer of the...

February 12, 2022 No Responses

DMO Auctions N150b FGN Bond

The Debt Management Office (DMO) on Friday offered for auction, two separate Federal Government of Nigeria (FGN) bonds at N75 billion each. The DMO in its website, announced that the bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per...

February 11, 2022 No Responses

CBN Introduces RT200 Programme To Improve Exports, Boost FOREX

The Central Bank of Nigeria (CBN) has introduced a new intervention programme (RT200) to help improve export receipts and boost the country’s foreign exchange earnings. The CBN Governor, Mr Godwin Emefiele, made this known on Thursday in Abuja, while a...

February 8, 2022 No Responses

FG Lists $4b Eurobonds On FMDQ Exchange

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform. This is contained in a statement by FMDQ Exchange made available ...

February 8, 2022 No Responses

GTCO Acquires Wealth Management Firm

Guaranty Trust Holding Company Plc (GTCO Plc) has acquired 100 per cent shares in Investment One Funds Management Limited, a wealth management company. GTCO in a notice signed by Erhi Obebeduo and sent to the Nigerian Exchange Limited on Monday,...

February 7, 2022 No Responses

Ecobank Nigeria Expands Agency Banking Locations To 50,000

Ecobank Nigeria says its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over 50,000 agents locations across the country. According to the bank, apart from helping to drive its...

February 4, 2022 No Responses

NGX Lists Key Growth Drivers For 2022

The Nigerian Exchange (NGX) Ltd. has listed five key areas it will pursue to make significant strides in 2022. The Chief Executive Officer, NGX, Mr Temi Popoola, listed the key areas as building on digital transformation, listings and delistings, technol...

February 3, 2022 No Responses

FirstBank Rewards 300 Visa Gold Card Customers

First Bank of Nigeria is to reward over 300 holders and customers of its branded Visa Gold card at the ongoing Visa Gold card campaign scheduled to end March 25, 2022 First Bank’s Group Executive, e-Business and Retail Products, Mr...

February 2, 2022 No Responses

2022:FMDQ Group Lists Priorities For Growth

FMDQ Group has listed priorities to be pursued by the company in 2022 to enhance the growth and development of the fixed income markets. Ms Kaodi Ugoji, Group Chief Operating Officer, FMDQ Group, said the top priorities were the launch...

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Category: Capital Market/Banking