Stakeholders Outline Solutions For Successful AfCFTA Implementation

Stakeholders Outline Solutions For Successful AfCFTA Implementation

Stakeholders in the Africa Continental Free Trade Area (AfCFTA) have called for private sector participation and creation of compatible trade policies to ensure successful implementation of the agreement.  Top government officials, industrialists, and financial services experts made these recommendations in...
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CBN Begins Registration Of More Financial Institutions On Credit Management Platform

CBN Begins Registration Of More Financial Institutions On Credit Management Platform

The Central Bank of Nigeria (CBN) has started the registration of “Other Financial Institutions’’ (OFIs) on its Credit Risk Management System (CRIMS) to improve credit risk management.  “Other Financial Institutions’’ are Development Finance I...
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UBA Business Series To Equip SMEs With Performance Management Strategies

UBA Business Series To Equip SMEs With Performance Management Strategies

As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next edition of its...
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FirstBank Educates Nigerians On  Cybersecurity

FirstBank Educates Nigerians On Cybersecurity

First Bank of Nigeria Ltd., is sensitising indivduals and businesses with useful information on protection to avoid cyberattack in today’s digital age.  The Chief Executive Officer, FirstBank Group, Dr Adesola Adeduntan explained in statement on Tuesday...
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BUA Cement To Sustain Competitiveness With N115b Bond Issuance

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

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...
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TAJBank Introduces NQR Solution To Ease Customers’ Transactions

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...
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CIBN Implores Ecobank Management Trainees On Dedication, Integrity

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 ...
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SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation

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...
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Shareholders Task Firms To Cut Operational Cost

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...
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FMDQ: Market Development For Derivatives Nears Completion

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...
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Ecobank Nigeria MD Canvasses Artificial Intelligence To Check Cybercrimes

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

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

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...
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