Capital Market/Banking – Page 87

March 17, 2021 No Responses

NSE Rebounds By N83b On Buying Interests In Dangote Cement, MTN Nigeria

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with N83 billion following buying interest in Dangote Cement and MTN Nigeria Communications (MTNN). Specifically, the market capitalisation inched higher by 158.97 points or 0.41 per cent to close at N20.258 trillion...

March 15, 2021 No Responses

Ecobank Nigeria Unveils Rewards Scheme For Customers

Ecobank Nigeria has launched the Super Rewards Scheme, which gives 200 of its customers an opportunity to earn different cash gifts monthly, with four of them becoming millionaires at the end of the four months campaign. Korede Demola-Adeniyi...

March 13, 2021 No Responses

NSE’s Indices Drop Further By 0.13%

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent. Specifically, the All-Share Index, which opened at 38,697.17 inched lower by 48.69 points or 0.13...

March 12, 2021 No Responses

Minister Tasks Capital Market Operators On Retail Investments

The Federal Government on Thursday advised capital market operators to consider retail investments, to enable ordinary citizens in the country to invest in the market. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, made the call at ...

March 11, 2021 No Responses

NSE’s Demutualisation Approval Excites Capital Market Operators

Stockbrokers have expressed optimism that the completion of the long-awaited Demutualisation of the Nigerian Stock Exchange (NSE) would herald a new vista in the nation’s bourse. The stockbrokers said this in an interviews with the News Agency of Niger...

March 10, 2021 No Responses

UBA Explains N113.8b PAT, Proposes 35k Final Dividend For 2020

United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines. The 2020 audited financials filed at the Nigerian Stock Exchange (NSE), showe...

March 10, 2021 No Responses

Investors Lose N371b In One Trading Session

Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers. Specifically, the market capitalisation which opened at N20.612 trillion shed N371 billion or 1.80 per cent to close at...

March 9, 2021 No Responses

First Bank Rewards Customers With Extra N5 For Every Dollar Received

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is rewarding customers with N5 for every dollar received through foreign remittances. A statement explained that the N5 for a dollar incentive is paid to FirstB...

March 9, 2021 No Responses

UBA Strengthens E-Banking With New Mobile App

Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. A statement explaine...

March 8, 2021 No Responses

SEC Nigeria, AfDB Seal $400,000 Grant Agreement

The Securities and Exchange Commisssion (SEC) has signed $400,000 grant agreement with African Development Bank (AfDB) a part of measures to strengthen securities market regulation and broaden market instruments. Speaking during the virt...

March 8, 2021 No Responses

FirstBank Unveils First SME Account

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and ...

March 7, 2021 No Responses

CBN Introduces N5 Per Dollar Reward For Diaspora Remittances

The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a circular signed by Saleh Jibrin, CBN ‘s Director, Trade and Exch...

March 6, 2021 No Responses

Emefiele Woos Investors, Promises CBN’s Support

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has advised indigenous and multinational firms to consider the opportunities that Nigeria offers and begin to set up their manufacturing lines in Nigeria. Emefiele gave the advice at.....

March 6, 2021 No Responses

FirstBank Unveils First Global Transfer To Ease Cross-Border Payments

First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement on Friday....

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Category: Capital Market/Banking