Category: Capital Market/Banking

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 statement on Monday in...
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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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NB Reports N309.2b Revenue, Budgets N3.23 For Interim Dividend
November 2, 2021 No Responses

NB Reports N309.2b Revenue, Budgets N3.23 For Interim Dividend

By Moses Ebosele, ebosele@hotmail.com  — For the nine months ended September 30, 2021, the Board of Directors, Nigerian Breweries Plc (NB Plc) has approved an interim dividend of N3.23 billion payable to shareholders at 40k each per ordinary share of 4...
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Zenith Bank Declares N180b PBT In Nine Months
November 1, 2021 No Responses

Zenith Bank Declares N180b PBT In Nine Months

For the nine months ended September 30, 2021, Zenith Bank Plc has posted a profit before tax (PBT) of N180 billion,  the Group’s unaudited nine months financial results presented to the Nigerian Exchange (NGX)on Sunday, in Lagos, has indicated.&nbs...
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Okomu Oil Reports N31.04b Turnover In Nine Months
October 31, 2021 No Responses

Okomu Oil Reports N31.04b Turnover In Nine Months

By Moses Ebosele, ebosele@hotmail.com   — For the nine-month ended September 30, 2021, Okomu Oil Palm Company Plc has declared N31.04 billion turnover, representing  increase of 66.79 percent when compared with N18.61 billion attained within same pe...
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Sanwo-Olu Unveils Ecobank Pan African Centre
October 30, 2021 No Responses

Sanwo-Olu Unveils Ecobank Pan African Centre

Lagos State Governor, Babajide Sanwo-Olu has said the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC) has a strong connection that will enhance the state’s Smart City Project and modernize infrastructure within the metropo...
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Guinness, Custodian Insurance, AIICO Top Gainers’ Chart As Bulls Sustain Dominance On NGX
October 30, 2021 No Responses

Guinness, Custodian Insurance, AIICO Top Gainers’ Chart As Bulls Sustain Dominance On NGX

The bulls maintained dominance on the Nigerian Exchange Ltd (NGX) on Friday with the All-Share Index crossing 42,000 mark on sustained gains. Specifically, the index inched higher by 77.46 points or 0.18 per cent to close at 42,038.60 from 41,961.14...
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Presco Declares Interim Dividend, N34.2b Revenue In Nine Months
October 29, 2021 No Responses

Presco Declares Interim Dividend, N34.2b Revenue In Nine Months

By Moses Ebosele, ebosele@hotmail.com    — For the nine months period ended September 30, 2021, Presco Plc attained N34.2b (N34,236,781) revenue, compared with N6.5 (N6,577,379) recorded within same period in 2020.    In its ...
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