Category: Capital Market/Banking

Seplat Confirms Exchange Rate To Determine Interim Dividend For Q3
November 16, 2021 No Responses

Seplat Confirms Exchange Rate To Determine Interim Dividend For Q3

Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021.  The Company’s Chief Financial Officer, Mr Emeka Onwuka, disclosed this in a notice sent to the Nigerian...
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Ecobank Wins Big At BAFI Awards
November 16, 2021 No Responses

Ecobank Wins Big At BAFI Awards

Ecobank Nigeria was the cynosure of all eyes at the prestigious Banks and Other Financial Institutions’ (BAFI) Awards 2021 held in Lagos at the weekend. At the keenly contested awards, Ecobank Nigeria emerged winner of the “Market Confidence and Capita...
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Savings Promo: Fidelity Bank To Reward Customers With N125m
November 14, 2021 No Responses

Savings Promo: Fidelity Bank To Reward Customers With N125m

As part of measures to drive financial inclusion in the country, Fidelity Bank Plc has unveiled new savings campaign tagged: “Get Alert in Millions (GAIM) Season 5”.    A statement sent to City Business News explained that the savings promo ...
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SEC Nigeria Urges Corporates to Leverage on Islamic Capital Market
November 10, 2021 No Responses

SEC Nigeria Urges Corporates to Leverage on Islamic Capital Market

As part of its developmental role, the Securities and Exchange Commission (SEC) has reiterated its commitment to encourage corporates to leverage on the Islamic Capital Market by providing and ensuring an attractive enabling environment.    Dire...
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Airtel, MTN, Others Drive NGX Growth Further By N252b
November 10, 2021 No Responses

Airtel, MTN, Others Drive NGX Growth Further By N252b

The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others.  Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or ...
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Renewed Interest In Airtel, MTN, Others Lift NGX By N644b
November 9, 2021 No Responses

Renewed Interest In Airtel, MTN, Others Lift NGX By N644b

Transactions on the Nigerian stock market closed on a positive note on Monday with the market capitalisation gaining N644 billion to hit N22 trillion mark, amid gains by telecommunication companies.  Specifically, the market capitalisation inched higher b...
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Fidelity Bank MD Tasks Employees On Ethics, Integrity
November 9, 2021 No Responses

Fidelity Bank MD Tasks Employees On Ethics, Integrity

The Managing Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has charged employees to uphold high ethical standards, integrity and sound corporate governance while providing financial services to the banking public.  Onyeali-Ikpe gave the charge in a...
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FMDQ, Luxembourg Seal Dual Listing Partnership
November 8, 2021 No Responses

FMDQ, Luxembourg Seal Dual Listing Partnership

As part of measures to boost international visibility and facilitate dual listing of green bonds, FMDQ Securities Exchange Limited has entered into a strategic partnership with Luxembourg Stock Exchange (LuxSE).   This was revealed during the signing...
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SEC Nigeria Urges Sustained Green Investments In Capital Market
November 4, 2021 No Responses

SEC Nigeria Urges Sustained Green Investments In Capital Market

The Securities and Exchange Commission (SEC) has reiterated the need to facilitate the issuance of green and sustainable instruments in the Nigerian capital market, saying such issuances will go a long way to assist in financing solar energy and other...
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SEC DG Canvasses Support For Non-Interest Finance
November 4, 2021 No Responses

SEC DG Canvasses Support For Non-Interest Finance

The Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda has stated that the Non-Interest finance segment holds great potentials in furthering the development of the capital market and the growth of the Nation’s economy.The SEC DG wh...
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JAMB Remits N3.51billion 2021 Operating Surplus
November 3, 2021 No Responses

JAMB Remits N3.51billion 2021 Operating Surplus

By Moses Ebosele, ebosele@hotmail.com  The Joint Admissions and Matriculation Board (JAMB) has remitted N3.51 billion to the national treasury as part of its 2021 operating surplus.  In a statement isued by its spokesperson, Dr Fabian Benjamin, ...
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Transcorp Hotels Reports N14.6b Revenue In Q3
November 3, 2021 No Responses

Transcorp Hotels Reports N14.6b Revenue In Q3

TRANSCOHOT.LG, owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149 percent to....
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Adeniyi Falade Joins Custodian Investment Board
November 3, 2021 No Responses

Adeniyi Falade Joins Custodian Investment Board

By Moses Ebosele, ebosele@hotmail.com  The Board of Custodian Investment Plc at the Board meeting held on October 27, 2021, approved the appointment of Mr. Adeniyi Falade as a Director on the Company’s Board with effec from January 1,...
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FirstBank Unveils Fully Automated Branch
November 3, 2021 No Responses

FirstBank Unveils Fully Automated Branch

First Bank of Nigeria has unveiled its first fully automated branch, called FirstBank Digital Experience Centre for customers.   A statement issued on Tuesday quoted the Chief Executive Officer of FirstBank, Dr Adesola Adeduntan as saying the digital...
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