Capital Market/Banking – Page 95

November 23, 2020 No Responses

Fidelity Bank CEO Emerges Banker Of The Year

Fidelity Bank Chief Executive Officer, Mr. Nnamdi Okonkwo was on Sunday adjudged Banker of the Year at the Business Hallmark People of the Year Awards 2020. The award, presented during an elaborate ceremony in Lagos, was conferred on Mr. Okonkwo in...

November 22, 2020 No Responses

Unity Bank Reports N33.9b Gross Earnings In Nine Months

Unity Bank Plc has declared gross earnings of N33.90 billion for the nine months period ended September 30, 2020 as against N31.25 billion recorded in the same period in 2019. Mrs Tomi Somefun, the bank’s Managing Director and Chief Executiv...

November 21, 2020 No Responses

Zenith Bank Declares N509b Gross Earnings In Nine Months

For the third quarter ended September 30, 2020, Zenith Bank Plc has reported a gross earnings of N509 billion,compared with N491 billion achieved in the corresponding period in 2019. In the unaudited results released by the Nigerian Stock Exchange (NSE)...

November 21, 2020 No Responses

Sterling Bank Lifts Trading Income By 265% In Q3

Sterling Bank Plc has reported a trading income of N7.1 billion for the 2020 third quarter (Q3) ended September 30, compared with N1.9 billion achieved in the corresponding period in 2019. Managing Director and Chief Executive Officer of the bank,...

November 20, 2020 No Responses

Unclaimed Dividend: ICSAN Urges Review Of Finance Bill

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for review of Section 39 of the Finance Bill 2021 over its provision for take-over of unclaimed dividends of public listed companies. ICSAN President, Bode Ayeku made the.....

November 19, 2020 No Responses

Market Capitalisation Drops By N91b

Transaction on the Nigerian Stock Exchange (NSE) closed bearish on Thursday with the market capitalisation losing N91 billion due to profit-taking on banking stocks. Specifically, the market capitalisation which opened at N18.19 trillion shed N91 billion...

November 19, 2020 No Responses

NSE Members Approve Listing By Introduction

The Nigerian Stock Exchange (NSE) on Wednesday received members approval for listing by introduction at its 59th Annual General Meeting held in Lagos. President of the National Council of NSE, Otunba Abimbola Ogunbanjo, explained that the appro...

November 18, 2020 No Responses

SEC Tasks FG, States On Privatisation

Privatisation presents enormous potential to serve as alternative funding source for both the Federal and State Governments if properly harnessed, the Securities and Exchange Commission (SEC) has said Director-General of SEC, Mr Lamido Yuguda, stated this...

November 17, 2020 No Responses

Market Capitalisation Loses N279b

For the second consecutive days on Tuesday,transactions on the Nigerian Stock Exchange (NSE) closed southward with market capitalisation dropping N279 billion on continuous profit taking. The market capitalisation dipped N279 billion or 1.53 per cent...

November 14, 2020 No Responses

NSE Reiterates Commitment To Provide Quality Market Data

The Nigerian Stock Exchange (NSE) has reiterated its commitment to provide quality market data to help investors make informed and healthy investment decisions. Chief Executive Officer of the NSE, Mr Oscar Onyema, made the assertion during the Market Data Work...

November 14, 2020 No Responses

UBA Unveils Products To Drive Retail Banking

United Bank for Africa (UBA) Plc, on Friday, committed to delivering superior and innovative banking solutions to its over 20 million customers around 20 African countries The bank also unveiled some products designed to drive its retail banking business as...

November 13, 2020 No Responses

Nestle, Airtel Africa, Presco, Others Sustain N1.08trillion Growth On NSE

The bulls continued to dominate activities on the Nigerian Stock Exchange (NSE) with the All-Share Index rising above the set five per cent threshold to trigger circuit breaker. Speficially, the All-Share Index rose by 2,074.10 points or 6.23 per cent...

November 13, 2020 No Responses

First Bank Wins Global Finance 2020 Best Mobile Bank App Award

First Bank of Nigeria Limited has emerged winner of 2020 Best Mobile Banking App award in the Global Finance Best Digital Bank Awards 2020. According to the Bank, the achievement is largely attributable to the Bank’s relative strength a...

November 12, 2020 No Responses

Renewed Interest In NB, Presco, MTN As Investors Gain N1.18tr In Three Days

The Nigerian Stock Exchange (NSE) on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically, the market capitalisation inched higher by N324 billion or 1.90 per cent to...

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Category: Capital Market/Banking