Category: Capital Market/Banking

NSE Market Capitalisation Crosses N20tr Mark
December 24, 2020 No Responses

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark.  The sustained rally was as a result of buying interests in some highly...
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CBN Probes Dearth Of Money In ATMs
December 23, 2020 No Responses

CBN Probes Dearth Of Money In ATMs

The Central Bank of Nigeria (CBN) is to investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos State.  The CBN‘s Acting Director, Corporate Communications, Mr Osita Nwanisobi told the News Agency of Ni...
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First Bank Launches ‘Mask Up, Stay Safe” Campaign
December 23, 2020 No Responses

First Bank Launches ‘Mask Up, Stay Safe” Campaign

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its ongoing digital campaign “Mask Up, Stay Safe” as part of its advocacy to encourage everyone to consciously protect one another ...
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Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b
December 23, 2020 No Responses

Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b

The Nigeria Stock Exchange (NSE) on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisatio...
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Access Bank unveils ‘Closa Agents’ To Strengthen Financial Inclusion
December 23, 2020 No Responses

Access Bank unveils ‘Closa Agents’ To Strengthen Financial Inclusion

Access Bank Plc has empowered and inaugurated  more than 50,000 agents to provide financial services to customers across the country during the Yuletide. Access Bank’s Senior Banking Advisor, Mr Robert Giles, made the discosure in a statement on Tuesday...
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SEC Nigeria Suspends Physical Meetings
December 22, 2020 No Responses

SEC Nigeria Suspends Physical Meetings

The Securities and Exchange Commission (SEC) has suspended all physical meetings and visits to its offices till further notice,  owing to the second wave of the COVID-19 pandemic.   A circular issued by the Commission on Monday explained that it...
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May & Baker Accesses N2.5b CBN COVID-19 Intervention Fund
December 19, 2020 No Responses

May & Baker Accesses N2.5b CBN COVID-19 Intervention Fund

May & Baker Nigeria Plc has accessed N2.5 billion from the Central Bank of Nigeria (CBN) N100 billion intervention fund for the healthcare sector to cushion the COVID-19 impact.  The Managing Director, May & Baker Nigeria Plc, Mr Nnamdi Okafor,...
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SEC Nigeria, FSD Africa Begin Master Plan Review
December 18, 2020 No Responses

SEC Nigeria, FSD Africa Begin Master Plan Review

By ebosele@hotmail.com — The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa on Thursday announced the start of a joint review of Nigeria’s 10-year Capital Markets Master Plan (CMMP) as part of...
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Access Bank Unveils Digital Platform For SMEs
December 17, 2020 No Responses

Access Bank Unveils Digital Platform For SMEs

Access Bank Plc on Wednesday unveiled the first payment acceptable service in the banking industry for Micro, Small and Medium Enterprises (MSMEs) to participate actively in the digital space.  Mrs Ayodele Olojede, the bank’s Group Head Emerging Bu...
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The Lessons, Challenges Of 2020, By Oscar Onyema
December 15, 2020 No Responses

The Lessons, Challenges Of 2020, By Oscar Onyema

Despite varous economic challenges associated with the global Covid-19 pandemic, the Nigerian Stock Exchange (NSE) has demonstrated its resilience by maintaining seamless trading activities and business operations,  the Chief...
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Heritage Bank Budgets N5b For Creative Industry As Winners Of Ynspyre Account Online Giveaway Get N1m
December 15, 2020 No Responses

Heritage Bank Budgets N5b For Creative Industry As Winners Of Ynspyre Account Online Giveaway Get N1m

Entertainment and creative sector is about to receive a huge boost, as Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has arranged to set aside N5billion as a support funds to drive the industry and stimulate sustainable growth to...
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FirstBank Harps On Financial Inclusion, Joins SME Finance Forum
December 14, 2020 No Responses

FirstBank Harps On Financial Inclusion, Joins SME Finance Forum

First Bank has canvassed more  efforts to promote financial inclusion for Small and Medium Enterprises (SME) as part of measures to grow the economy despite the ravaging effects of COVID-19.  Meanwhile, the Bank has anno...
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Ecobank MD, Others List Opportunities In Digital Financial Inclusion
December 11, 2020 No Responses

Ecobank MD, Others List Opportunities In Digital Financial Inclusion

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards and agency banking services in the most cost effective and convenient way to ...
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Reps, SEC Reiterate Support For NSE
December 10, 2020 No Responses

Reps, SEC Reiterate Support For NSE

House of Representatives Committee on Capital Market and institutions and the Securities and Exchange Commission (SEC) have reiterated their support for the Nigerian Stock Exchange (NSE) for playing a critical role in Nigeria’s economic recovery and growth. ...
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