Category: Capital Market/Banking

BUA Cement To Sustain Competitiveness With N115b Bond Issuance
April 14, 2021 No Responses

BUA Cement To Sustain Competitiveness With N115b Bond Issuance

BUA Cement Plc has pledged to sustain competitiveness with the N115 billion Series Fixed Rate Senior Unsecured Bond issue under the company’s maiden N200 billion bond issuance programme.  The Chief Executive Officer, BUA Cement, Yusuf Binji, made the disclosure at...
read more
Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b
April 13, 2021 No Responses

Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b

Transaction on the Nigerian Exchange Limited (NGX) opened activities for the week on Monday on a negative note with key indicators dropping by 0.40 per cent.  The decline was due to investors profit-taking on some recently appreciated stocks such as...
read more
TAJBank Introduces NQR Solution To Ease Customers’ Transactions
April 12, 2021 No Responses

TAJBank Introduces NQR Solution To Ease Customers’ Transactions

To ease problems associated with financial transactions by it’s Customers’,TAJBank, Nigeria’s most innovative non-interest bank, has announced the introduction of the NQR Payment solution, an indigenous Quick Response Code by NIBSS.The NQR Payment soluti...
read more
CIBN Implores Ecobank Management Trainees On Dedication, Integrity
April 12, 2021 No Responses

CIBN Implores Ecobank Management Trainees On Dedication, Integrity

The Registrar/Chief Executive, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has called on graduands of Ecobank Nigeria Academy to make their word their bond to excel in the banking profession.    The CIBN Registrar who gave ...
read more
SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation
April 12, 2021 No Responses

SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation

The Securities and Exchange Commission (SEC) is to discuss issues concerning the implementation of the financial technology roadmap in the market during its forth-coming virtual committee meeting sheduled for April 15 and April 16, 2021.  A statement issu...
read more
Shareholders Task Firms To Cut Operational Cost
April 7, 2021 No Responses

Shareholders Task Firms To Cut Operational Cost

The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges.  Mr Eric Akinduro, the Chairman of the Association, gave the advice...
read more
FMDQ: Market Development For Derivatives Nears Completion
April 7, 2021 No Responses

FMDQ: Market Development For Derivatives Nears Completion

FMDQ Securities Exchange Limited has announced that the implementation of its derivatives market development project on its platform is nearing completion.  The exchange disclosed this to capital market correspondents during its Academy Derivatives Market...
read more
Ecobank Nigeria MD Canvasses Artificial Intelligence To Check Cybercrimes
April 5, 2021 No Responses

Ecobank Nigeria MD Canvasses Artificial Intelligence To Check Cybercrimes

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated the use of artificial intelligence to predict security threats and proffer solutions.    Akinwuntan, who made this assertion at a webinar themed, “Cyber threat Landscape:...
read more
FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020
April 2, 2021 No Responses

FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020

By Moses Ebosele, ebosele@hotmail.com  — For the financial year ended December 31, 2020, FBN Holdings Plc has announced a profit of N89.7 billion, indicating an increase of 21.8 per cent.    In its 2020 audited result, FBN Holdings explained on ...
read more
UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets
April 2, 2021 No Responses

UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets

United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns on investments in the coming months. This, the bank said, followed its establishment of a diversified business model that would ensure impressive performanc...
read more
MasterCard Invests $100m In Airtel Africa’s Mobile Money
April 2, 2021 No Responses

MasterCard Invests $100m In Airtel Africa’s Mobile Money

Airtel Africa, a telecommunications and mobile money services company has signed an agreement under which MasterCard will invest $100 million in Airtel Mobile Commerce BV (AMC BV).  According to a statement issued by the telco, AMC BV is a wholly...
read more
Nigeria Stock Exchange Readies For New Chapter Post Demutualisation
April 2, 2021 No Responses

Nigeria Stock Exchange Readies For New Chapter Post Demutualisation

By Oscar N. Onyema  — Capital markets in Nigeria are entering a period of major change, commencing with the demutualisation of the Nigerian Stock Exchange (NSE or The Exchange), which was approved by the nation’s Securities and Exchange Commissio...
read more
Investors Lose N119b Amid Renewed Profit Taking
March 31, 2021 No Responses

Investors Lose N119b Amid Renewed Profit Taking

The Nigerian Stock Exchange (NSE) returned to negative territory on Tuesday with investors losing N119 billion on renewed profit taking.  Consequently, the market capitalisation which opened at N20.663 trillion dipped N119 billion to close at N20.544 tril...
read more
Ecobank Wins Starsight Sustainability Award 2020
March 30, 2021 No Responses

Ecobank Wins Starsight Sustainability Award 2020

Executive Director, Corporate Bank, Ecobank Nigeria, Kola Adeleke (right) receiving Starsight Sustainability Award 2020 from Head, Sales, SMEs, Starsight Energy, Teme Jack in Lagos   Leading West African Commercial and industrial solar power and...
read more
1 … 83 84 85 86 87 … 181