Category: Capital Market/Banking

MasterCard Index Predicts 81% SMEs Growth In Africa, Middle East
June 28, 2021 No Responses

MasterCard Index Predicts 81% SMEs Growth In Africa, Middle East

MasterCard on Sunday announced that its latest research shows that Small and Medium Enterprise (SME) confidence in Middle East, North Africa (MENA) is on the rise.  It said the rise was after facing unprecedented changes in the wake of the...
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Access Bank CEO, Wigwe Emerges African Banker Of The Year
June 28, 2021 No Responses

Access Bank CEO, Wigwe Emerges African Banker Of The Year

The Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr Herbert Wigwe, has been named as the African Banker of the Year for the second consecutive year.  A statement issued on Sunday explained that he was recognised at the 2021...
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FG Commends NGX On Capital Market Development
June 27, 2021 No Responses

FG Commends NGX On Capital Market Development

The Federal Government has commended the Nigerian Exchange (NGX) Limited for its efforts in ensuring that the Nigerian capital market (NCM) is deepened.   The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, made the commendation ...
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At TAJBank’s AGM, Shareholders Laud Performance
June 25, 2021 No Responses

At TAJBank’s AGM, Shareholders Laud Performance

Shareholders of TAJBank Limited, Nigeria’s leading non-interest banking products and services provider, yesterday commended the board and management of the bank for its impressive performance in its first year of operations, promising continued commitment to...
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NCDMB, NEXIM Seal $30m Capital, Capacity Building Fund Agreement
June 24, 2021 No Responses

NCDMB, NEXIM Seal $30m Capital, Capacity Building Fund Agreement

The Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export Import Bank (NEXIM) have signed agreement on 30 $30million Capital and  Capacity building Fund for the oil and gas sector servicing. Mr Simbi wabote, the Executive Secretar...
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Ecobank Nigeria Promotes 600 Staff, Recruits New Employees
June 22, 2021 No Responses

Ecobank Nigeria Promotes 600 Staff, Recruits New Employees

Ecobank Nigeria has announced the promotion of 682 staff effective May 1st, 2021 representing 26% of its core staff despite the impact of the COVID-19 pandemic and all the attendant impact on business performance globally.  This accord...
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FBN Holdings Harps On Critical Role Of Financial Statement To Investment Drives
June 18, 2021 No Responses

FBN Holdings Harps On Critical Role Of Financial Statement To Investment Drives

FBN Holdings (FBNH) Plc on Thursday harped on the importance of financial statements reporting to drive investments in the country.  The Chief Finanicial Officer of FBNH, Oyewale Ariyibi, said this at the Capital Market Correspondents Association of Niger...
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NEXIM Bank Urges Nigeria To Boost Regional Trade
June 17, 2021 No Responses

NEXIM Bank Urges Nigeria To Boost Regional Trade

The Nigerian Export-Import Bank (NEXIM Bank) has advised the Federal Government to make effort to boost Nigeria’s trade in the ECOWAS and African continent.   Managing Director, NEXIM Bank, Mr Abba Bello, gave the advice in Abuja on Wednesday, at t...
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Dangote Cement Issues N50b Bond
June 17, 2021 No Responses

Dangote Cement Issues N50b Bond

By citybusinessnews@yahoo.com — Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme.  Chief Executive Officer, Dangote Ce...
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Zenith Bank Gets Best Corporate Governance Financial Services Award
June 17, 2021 No Responses

Zenith Bank Gets Best Corporate Governance Financial Services Award

Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2021 by the Ethical Boardroom for the second consecutive year.  The Group Managing Director/Chief Executive of the bank, Mr Ebenezer Onyeagwu, in a statement o...
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Seplat, MTN Lift Trading On NGX By 0.15%
June 17, 2021 No Responses

Seplat, MTN Lift Trading On NGX By 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest inSeplat Plc and MTN Nigeria Communications (MTNN).  Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close ...
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Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b
June 16, 2021 No Responses

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks  Specifically, the market capitalisation, which opened at N20.409 trilli...
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Mixta Real Estate Quotes N1.02b CP On FMDQ
June 15, 2021 No Responses

Mixta Real Estate Quotes N1.02b CP On FMDQ

The FMDQ Securities Exchange Ltd. has approved the quotation of Mixta Real Estate Plc’s N1.02 billion Series 36 Commercial Papers (CP)  Issuance on its platform.  FMDQ in a statement on Monday explained that the offer was approved by FMDQ under...
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Ecobank Nigeria Pledges More Support, Collaboration With Bankers Institute
June 12, 2021 No Responses

Ecobank Nigeria Pledges More Support, Collaboration With Bankers Institute

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has pledged more support and collaboration with the Chartered Institute of Bankers of Nigeria (CIBN), the umbrella body of all bank workers in the country.    Akinwuntan who was speaking...
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