Category: Capital Market/Banking

Fidelity Bank Rewards More GAIM 5 Promo Customers
January 31, 2022 No Responses

Fidelity Bank Rewards More GAIM 5 Promo Customers

Ten customers of Fidelity Bank Plc have become N1million richer having received their cash prizes for emerging winners in the January draw of the Bank’s Get Alert in Millions savings promo, season 5 (GAIM 5).  The prizes were presented on...
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NGX Loses N281b Amid Profit-Taking On Dangote Cement
January 28, 2022 No Responses

NGX Loses N281b Amid Profit-Taking On Dangote Cement

The bears resurfaced at the nation’s bourse on Thursday as a result of profit taking in Dangote Cement and 17 other stocks.  Accordingly, the All-Share Index declined by 520.76 per cent or 1.12 per cent to close at 46,009.23 from...
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Access Bank `W’ Initiative Tasks Women Entrepreneurs On Insurance
January 28, 2022 No Responses

Access Bank `W’ Initiative Tasks Women Entrepreneurs On Insurance

The ‘W’ Initiative, a flagship women empowerment programme from Access Bank plc, has advised women to take advantage of the Bancassurance cover and be protected in the event of unforeseen eventualities.  The Group Head of `W’ Initiative, Mrs Abiodun...
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CBN Reduces Charges On Electronic Transactions
January 28, 2022 No Responses

CBN Reduces Charges On Electronic Transactions

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial Institutions (OFIs) and Non-Bank Financial Institutions. A circular by Chibuzor...
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NGX Market Capitalisation Crosses N25trillion
January 27, 2022 No Responses

NGX Market Capitalisation Crosses N25trillion

Transactions on the nation’s bourse sustained positive momentum on Wednesday with the market capitalisation growing by N318 billion to cross over N25 trillion mark.   At the end of the day’s transaction, the market capitalisation rose b...
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DMO Lists $4b Oversubscribed Eurobond In FMDQ Exchange
January 27, 2022 No Responses

DMO Lists $4b Oversubscribed Eurobond In FMDQ Exchange

Debt Management Office (DMO) has listed its 2021 $4 billion Federal Government of Nigeria (FGN) Eurobonds on the FMDQ Group Securities Exchange.  This is in a bid to build investors’ confidence and also secure their investments.  The DMO revea...
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Fitch Affirms Ecobank Nigeria’s Stable Outlook
January 26, 2022 No Responses

Fitch Affirms Ecobank Nigeria’s Stable Outlook

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch has simultaneously upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(...
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Emefiele: Food Prices Will Moderate In 2022
January 26, 2022 No Responses

Emefiele: Food Prices Will Moderate In 2022

The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians that food prices would not accelerate the way people had anticipated in 2022.  The CBN Governor, Mr Godwin Emefiele, said this while answering questions from the press after presenting the...
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SEC: No Extension Of 2022 License Renewal Exercise After January 31
January 26, 2022 No Responses

SEC: No Extension Of 2022 License Renewal Exercise After January 31

The Securities and Exchange Commission (SEC) has warned Capital Market Operators (CMOS) and relevant stakeholders that the Jan 31 deadline for renewal of registration licence will not be extended.  SEC, in a circular posted on its website, said that ...
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Fidelity Bank Unveils Alert In Millions Season 5 Winners
January 24, 2022 No Responses

Fidelity Bank Unveils Alert In Millions Season 5 Winners

Fidelity Bank Plc has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5). The event, held in Victoria Island, Lagos State was witnessed by representatives of regulatory organisations which include: Ms Oyinkan Kus...
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FMDQ Exchange Admits Babban Gona N15b Commercial Paper
January 22, 2022 No Responses

FMDQ Exchange Admits Babban Gona N15b Commercial Paper

FMDQ Securities Exchange Limited (FMDQ Exchange), has approved the registration of the Babban Gona Farmer Services Nigeria Limited N15 billion Commercial Paper (CP) Programme on its platform.  A statement issued on Friday explained that the approval came ...
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DMO’s Bond Auction Records N300b Over Subscription
January 21, 2022 No Responses

DMO’s Bond Auction Records N300b Over Subscription

The Debt Management Office (DMO) has revealed that the just concluded Federal Government of Nigeria (FGN) bond auction for January was oversubscribed.  In a statement on Thursday, DMO explained that the auction received a total of 160 bids, adding that...
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SEC Lauds NGX, CSCS, Others On Market Development
January 20, 2022 No Responses

SEC Lauds NGX, CSCS, Others On Market Development

The securities and Exchange Commission has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by Co...
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FIRSTBANK REWARDS TRANSACT AND WIN PROMO CUSTOMERS
January 20, 2022 No Responses

FIRSTBANK REWARDS TRANSACT AND WIN PROMO CUSTOMERS

Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First...
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