Capital Market/Banking – Page 66

January 17, 2022 No Responses

Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries. Speaking at the formal launch of the Pan-African Payment &...

January 15, 2022 No Responses

FMDQ Admits MeCure Industries Commercial Papers

FMDQ Securities Exchange has approved the quotation of the MeCure Industries Ltd Series 1 and Series 2 Commercial Papers (CPs) on its platform. In a statement issued on Friday, FMDQ explained that the Series 1 (N0.49 billion) and Series 2...

January 14, 2022 No Responses

Opinion: Nigerian Shares Steady But Dollar Sinks As Investors Digest Inflation Data

By Lukman Otunuga, Senior Research Analyst at FXTM — Nigerian shares hovered around 2021 highs on Thursday, gaining over 4.4% year-to-datedespite the December U.S. inflation report reinforcing Fed rate hike expectations. The U.S. consumer price index (CP...

January 10, 2022 No Responses

Ecobank Restates Commitment To Pan African Trade, AfCFTA

Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities, award winning digital products and strategic focus. Kola Adeleke, Exec...

January 8, 2022 No Responses

NGX Sustains Growth By N130b On BUA Foods Rally

The bulls sustained trading on the nation’s bourse on Friday with the market capitalisation extending growth by N130 billion. Specifically, the market capitalisation which opened at N23.497 trillion rose by N130 billion to close at N23.627 trillion.&nb...

January 6, 2022 No Responses

BUA Foods Lists 18b Shares On NGX

BUA Foods has listed 18 billion ordinary shares at N40 per share on the Nigerian Exchange Ltd (NGX). At the end of Wednesday transaction, the listing of BUA Foods’ shares by introduction under the Consumer Goods sector of the NGX added...

January 5, 2022 No Responses

Fidelity Bank Inaugurates More CSR Projects In Host Communities

Fidelity Bank Plc has inaugurated Corporate Social Responsibility (CSR) projects in Oyo, Ondo, Ekiti and Kwara States. The projects which include the provision of maternal and healthcare materials for hospitals, renovation and furnishing of a juven...

January 4, 2022 No Responses

SEC Implores Fund Managers On Regulatory Fees Payment

The Securities and Exchange Commission has reminded all fund managers that payment of the annual supervisory fee to the Commission becomes due from the 1st January 2022 and full payment must be made on or before 31st January 2022. &nb...

January 1, 2022 No Responses

NGX Closes 2021 Last Trading Day With N471b Gain

The nation’s bourse rebounded on Friday to close the last trading day of 2021 with a growth of N471 billion due to gains posted by some blue chips. Speficially, the market capitalisation inched higher by N471 billion or 2.16 per...

January 1, 2022 No Responses

Vitafoam Declares N1.87b Dividend

Vitafoam Nigeria Plc has posted a profit before tax (PBT) of N6.78 billion for the full year ended Sept. 30, 2021 The company’s Group Managing Director, Mr Taiwo Adeniyi, disclosed in this in its audited financial statement sent to Nigerian...

December 30, 2021 No Responses

Coronation Merchant Bank Unveils Podcast Series

Coronation Merchant Bank has announced plans to launch its podcast series on December 31, 2021 which will cover economic and market development trends. In a statement on Wednesday, Managing Director/Chief Executive Officer, Coronation Merchant Bank, Mr B...

December 30, 2021 No Responses

Ecobank Nigeria: A Journey To The Top

The journey to position Ecobank as one of the top three banks in the country is fast gaining traction and recognition. The Nigerian franchise of the Pan-African financial institution, Ecobank Transnational Incorporated (ETI) is making good its miss...

December 28, 2021 No Responses

Access Bank CEO Discusses Expansion Plans

In an interview on CNN’s First Move with Julia Chatterley, Access Bank CEO Herbert Wigwe discussed the company’s expansion plans in Africa and beyond, balancing needs with digitization, and Access Bank’s efforts to provide financial s...

December 24, 2021 No Responses

DLM Capital Quotes N2.25b Commercial Papers On FMDQ

DLM Capital Group Ltd has quoted N1.24 billion Series 1 and N1.01 billion Series 2 Commercial Papers (CPs) on the FMDQ Securities Exchange Ltd platform. A statement issued by FMDQ Exchange on Thursday explained that the quotation was approved by the...

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Category: Capital Market/Banking