Category: Capital Market/Banking

BUA Cement, FBNH Lift NGX With N95b
October 13, 2021 No Responses

BUA Cement, FBNH Lift NGX With N95b

The nation’s bourse rebounded by N95 billion on Tuesday following investors’ interest in BUA Cement and FBN Holdings (FBNH).  Consequently, the market capitalisation rose by N95 billion or 0.45 percent to close at N21.310 trillion compared with N21.215 trillion posted...
read more
Osinbajo Clarifies View On Exchange Rate
October 12, 2021 No Responses

Osinbajo Clarifies View On Exchange Rate

Senior Special Assistant to the President on Media and Publicity,  Office of the Vice President, Laolu Akande, has made clarifications on Vice President Yemi Osinbajo’s view on the naira exchange rate.  Akande, in a statement on Tuesday, explained that the...
read more
NGX Group Seeks Global Competitiveness
October 12, 2021 No Responses

NGX Group Seeks Global Competitiveness

The Nigerian Exchange Group Plc (NGX Group) says it will leverage organic and inorganic growth opportunities for business expansion across relevant business categories to increase global competitiveness.  The Group Chief Executive Officer, NGX Group, Mr O...
read more
NGX: Group Protest Onyema’s Appointment, Listing
October 11, 2021 No Responses

NGX: Group Protest Onyema’s Appointment, Listing

Transparency group, Nigeria for All Nigerians (NAN) has called on the concerned regulatory authorities to stop violation of the Nigerian Investments and Securities Act by the impending listing by the introduction of the shares of Nigerian Exchange Group on th...
read more
NGX Market Capitalisation Extends Rally By N20b
October 9, 2021 No Responses

NGX Market Capitalisation Extends Rally By N20b

The nation’s bourse maintained positive trading on Friday, extending the gaining streak by 0.10 percent.  Specifically, the market capitalisation which opened at N21.275 trillion increased by N20 billion or 0.10 percent to close at N21.295 trillion.  Also,...
read more
NGX Implores Investors On Long-Term Investments
October 8, 2021 No Responses

NGX Implores Investors On Long-Term Investments

The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies.  The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtu...
read more
FBN Drives Trading On NGX, Exchanges 605.01m Shares
October 8, 2021 No Responses

FBN Drives Trading On NGX, Exchanges 605.01m Shares

FBN Holdings Plc (FBNH) emerged the most traded stock by volume on the Nigerian Exchange Ltd on Thursday.  Specifically, the company accounted for 605.01 million shares worth N8.90 billion.  Fidelity Bank followed with 20.59 million shares valued at ...
read more
NGX Group To List 1.96b Shares By Introduction
October 7, 2021 No Responses

NGX Group To List 1.96b Shares By Introduction

The Nigerian Exchange Group Plc. (NGX Group) on Thursday confirmed its intention to list on the main board of the Nigerian Exchange Ltd. (NGX).  A statement sent to City Business News explained that the planned listing follows successful completion of...
read more
NGX Market Indices Extend Gain By 0.12%
October 7, 2021 No Responses

NGX Market Indices Extend Gain By 0.12%

Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions.  The positive outcome was buoyed by investors’ buy-interests in banking and industrial sectors, with marke...
read more
FirstBank’s FinTech Summit To Highlight Open Banking
October 4, 2021 No Responses

FirstBank’s FinTech Summit To Highlight Open Banking

First Bank of Nigeria has explained that the 2021 FinTech summit scheduled to hold virtually on October  7, will highlight the impact of open banking on financial inclusion.  The Chief Executive Officer of FirstBank, Dr Adesola Adeduntan, in a s...
read more
NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors
October 1, 2021 No Responses

NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors

By Olumide Bolumole, Divisional Head, Listings Business, Nigerian Exchange Limited  — Nigeria, a country with an adult population of 106 million, offers a vast market for financial services. Despite this it faces the expectation of a 16.8% shortfall i...
read more
Adesola Emerges Ecobank Nigeria Board Chairman
September 29, 2021 No Responses

Adesola Emerges Ecobank Nigeria Board Chairman

The Board of Directors, Ecobank Nigeria has announced the appointment of three non-executive directors:  Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright.    According to the Board, the new Directors have distinguished ...
read more
Heritage Bank MD: Identity Challenge Impedes SMEs Financing
September 28, 2021 No Responses

Heritage Bank MD: Identity Challenge Impedes SMEs Financing

The Nigerian government must resolve the identity management system challenges in the country to empower commercial lenders to extend credit to Small and Medium Enterprises (SMEs) with less worry, the Managing Director/Chief Executive Officer, Heritage Bank, M...
read more
Heritage Bank MD Implores Govt On Private Sector Policies For Infrastructure Growth
September 28, 2021 No Responses

Heritage Bank MD Implores Govt On Private Sector Policies For Infrastructure Growth

The Managing Director/Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has called on governments to provide enabling policies that would support private sector interventions to achieve the vision of infrastructural development.  He made this subm...
read more
1 … 71 72 73 74 75 … 181