Fidelity Bank Wins Commercial Bank of the Year As Okonkwo Bags CEO Of The Decade Award

Fidelity Bank Wins Commercial Bank of the Year As Okonkwo Bags CEO Of The Decade Award

Fidelity Bank Plc at the weekend clinched the award for Commercial Bank of the Year at the 2020 edition of BusinessDay Banks and Other Financial Institutions (BAFI) Awards held in Lagos. The bank won the award in recognition of its support for economic...
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FirstBank Unveils Next Generation ATM

FirstBank Unveils Next Generation ATM

In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine....
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NSE Boss Tasks New Stockbrokers On High Standards

NSE Boss Tasks New Stockbrokers On High Standards

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, on Saturday tasked newly qualified stockbrokers to uphold the highest ethical standards in their professional practice. Onyema, gave the advise in a statement issued &...
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CBN Retains MPR At 11.5 %

CBN Retains MPR At 11.5 %

The Central Bank of Nigeria (CBN) on Tuesday announced retention of the country’s Monetary Policy Committee Ratio (MPR) at 11.5 per cent.  Mr Godwin Emefiele, the CBN governor made this known, while presenting a communique of the banks 133rd Monetary...
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Fidelity Bank CEO Emerges Banker Of The Year

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

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...
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Zenith Bank Declares N509b Gross Earnings In Nine Months

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)...
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Sterling Bank Lifts Trading Income By 265% In Q3

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,...
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Unclaimed Dividend: ICSAN Urges Review Of Finance Bill

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.....
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Market Capitalisation Drops By N91b

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...
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NSE Members Approve Listing By Introduction

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...
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SEC Tasks FG, States On Privatisation

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...
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Market Capitalisation Loses N279b

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...
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NSE Reiterates Commitment To Provide Quality Market Data

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...
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