Category: Capital Market/Banking

Non-Interest Capital Market, Full Of Potentials, Says SEC DG
March 29, 2021 No Responses

Non-Interest Capital Market, Full Of Potentials, Says SEC DG

The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy.  This was stated by...
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FirstBank Holds 2021 FirstGem Conference March 31
March 29, 2021 No Responses

FirstBank Holds 2021 FirstGem Conference March 31

First Bank of Nigeria Limited has concluded plans to hold the fourth edition of its annual FirstGem Conference on Wednesday, March 31, 2021.  Tagged FirstGem 4.0., the 2021 event is themed ‘The Art of Negotiation’ and convened to p...
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Winners Emerge In Heritage Bank’s ‘YNSPYRE’, Cream Platform Promo
March 29, 2021 No Responses

Winners Emerge In Heritage Bank’s ‘YNSPYRE’, Cream Platform Promo

Winners have emerged at the Heritage Bank Plc, ‘YNSPYRE’ Cream Platform Promo held in Abuja. CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with ...
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FirstBank Reiterates Commitment To Women Empowerment
March 28, 2021 No Responses

FirstBank Reiterates Commitment To Women Empowerment

First Bank of Nigeria Ltd. has reinforced commitment to women empowerment with ‘FirstGem’ for economic growth and development.  In a statement on Saturday, FirstBank Deputy Managing Director, Mr Francis Shobo, explained that the bank seeks to drive fi...
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Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%
March 26, 2021 No Responses

Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

The Nigerian Stock Exchange (NSE) maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria.  Speficially, the All-Share Index advanced further by 207.86...
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Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020
March 25, 2021 No Responses

Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020

Lafarge Africa Plc on Wednesday declared a total dividend of N16.11 billion for the 2020 financial year, amounting to N1 per share and would be payable to shareholders on the register of the cement group as at the close of...
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NSE Recounts One Year Experience Of Remote Trading
March 25, 2021 No Responses

NSE Recounts One Year Experience Of Remote Trading

The Nigerian Stock Exchange (NSE) on Wednesday recounted experiences of one year of remote trading occasioned by the challenges of the COVID-19 pandemic.  The NSE in a statement said it activated business continuity plan which saw the transition to remote...
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Ecobank Group Declares N641.8b Revenue, N33.7b Profit In 2020
March 24, 2021 No Responses

Ecobank Group Declares N641.8b Revenue, N33.7b Profit In 2020

For the financial year ended December 31, 2020, Ecobank Group attained N641.8 billion revenue, representing nine per cent increase compared with N586.9b posted in the corresponding period of 2019. Audited report submitted to the Nigeria Stock Exchange (NSE) on...
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CBN Retains MPR At 11.5%
March 24, 2021 No Responses

CBN Retains MPR At 11.5%

In the midst of confessed policy dilemma and other monetary considerations, the Central Bank of Nigeria (CBN) Monetary  Policy Committee (MPC) has retained the Monetary Policy Rate at 11.5 per cent. Presenting the communique from the MPC meeting on Tuesda...
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Heritage Bank Joins World Water Day With Installation Of Borehole
March 24, 2021 No Responses

Heritage Bank Joins World Water Day With Installation Of Borehole

Heritage Bank Plc has joined the rest of the globe to celebrate the World Water Day 2021 with plans to assist a community in dire need of clean water by installing a bore hole.  The theme for this year’s WWD...
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Julius Berger, Stanbic IBTC Top Gainers’ Chart As Investors Earn N178b
March 23, 2021 No Responses

Julius Berger, Stanbic IBTC Top Gainers’ Chart As Investors Earn N178b

The Nigeria Stock Exchange (NSE) reopened new trading week on Monday upbeat with the market capitalisation rebounding by N178 billion.  The market capitalisation which opened at N20.081 trillion rose by 0.89 per cent to close at N20.259 trillion.  Al...
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Afriland Shareholders Okay N68.69m Total Dividend For 2020
March 23, 2021 No Responses

Afriland Shareholders Okay N68.69m Total Dividend For 2020

Afriland Properties Plc on Monday approved a total dividend of N68.69 million recommended by the company for the financial year ended Dec. 31, 2020.  The dividend which translated to 5k per share was approved by the shareholders at the company’s...
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Market Capitalisation Recovers N109b
March 19, 2021 No Responses

Market Capitalisation Recovers N109b

Transactions in the equities market on Thursday rebounded by N109 billion following buying interest in banking and industrial goods stocks.  Consequently, the market capitalisation, which opened at N20.251 trillion, rose by N109 billion or 0.54 per cent t...
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Zenith Bank Shareholders Okay N94.19b Total Dividend For 2020
March 17, 2021 No Responses

Zenith Bank Shareholders Okay N94.19b Total Dividend For 2020

Shareholders of Zenith Bank Plc, on Tuesday, approved proposed final dividend of N2.70 per share, bringing  total dividend  for the 2020 financial year to N3 per share, amounting to N94.19 billion.   According to th...
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