Category: Capital Market/Banking

MTN Nigeria, Guinness Top Losers’ Table As Market Capitalisation Drop By N113b
October 22, 2020 No Responses

MTN Nigeria, Guinness Top Losers’ Table As Market Capitalisation Drop By N113b

The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against...
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Market Capitalisation Attains N4b Growth
October 21, 2020 No Responses

Market Capitalisation Attains N4b Growth

The Nigerian Stock Exchange (NSE) market indices on Tuesday recorded a marginal growth of 0.03 per cent following gains by Zenith Bank and 22 other equities. Specifically, the market capitalisation which opened at N14.979 trillion inched higher by four billion...
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Jumare Resigns From Union Bank Board
October 20, 2020 No Responses

Jumare Resigns From Union Bank Board

The Board of Directors, Union Bank of Nigeria Plc., has announced the resignation of Mrs Furera Jumare as a non-executive director on the board.   According to the a statement, Jumare’s resignation from Union Bank Board followed her appointment as ...
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Fidelity Bank Wins SME Support Bank Award
October 20, 2020 No Responses

Fidelity Bank Wins SME Support Bank Award

Fidelity Bank Plc has added yet another accolade to its burgeoning collection of awards. The bank, in recognition of its unflinching support for Micro Small and Medium Scale Enterprises (MSMEs) in the country, clinched the award for the ‘Outstanding SME...
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SEC To Introduce Capital Market Studies In Primary, Tertiary Institutions
October 19, 2020 No Responses

SEC To Introduce Capital Market Studies In Primary, Tertiary Institutions

The Securities and Exchange Commission (SEC) is working with other stakeholders in the market to introduce capital market studies in primary, secondary and tertiary institutions in the country.  Mrs Efe Ebelo, the Head of Corporate Communication,  SE...
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Ecobank Rewards Xpress Point Agents
October 14, 2020 No Responses

Ecobank Rewards Xpress Point Agents

Ecobank Nigeria has rewarded its Agency Banking partners, also known as Xpress Point Agents across the six geo-political zones of the country with mouthwatering gifts for their performances from January to September 2020.    This reward is coming ahead o...
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Market Capitalisation Recovers N3b
October 14, 2020 No Responses

Market Capitalisation Recovers N3b

The Nigerian Stock Exchange (NSE) recorded marginal growth on Tuesday, appreciating by 0.02 per cent on renewed bargain hunting to halt downward posture of four consecutive trading sessions.  Specifically, the All-Share Index increased by 6.55 points or 0...
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GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b
October 10, 2020 No Responses

GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b

Market capitalisation of the Nigerian Stock Exchange, on Friday, dropped further by N68 billion or 0.46 per cent to close at N14.852 against N14.920 trillion.  Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to...
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Onyema, DMO Boss, Others Highlight Opportunities In Fixed Income Market
October 9, 2020 No Responses

Onyema, DMO Boss, Others Highlight Opportunities In Fixed Income Market

The Nigerian Stock Exchange (NSE) has concluded a two-day webinar on fixed income in line with its commitment to further enhance the capacity of capital market players across available asset classes,    The webinar, held in partne...
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UBA Hinges Customer Satisfaction On Innovation, Optimisation, Upgrading Of Banking Platforms
October 9, 2020 No Responses

UBA Hinges Customer Satisfaction On Innovation, Optimisation, Upgrading Of Banking Platforms

United Bank for Africa (UBA) Plc has explained that the recently embarked transformation of its processes is to ensure that customers’ expectations are not only met but surpassed while enjoying seamless and world-class banking services.   &nbs...
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Ecobank Reaffirms Commitment To Excellent Service Delivery
October 8, 2020 No Responses

Ecobank Reaffirms Commitment To Excellent Service Delivery

Ecobank Nigeria has reaffirmed its commitment to providing excellence in customer experience in all its interactions through its Customer Experience Transformation Program.    Head, Customer Experience, Olubunmi Otuniga gave the assurance i...
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CBN, Zamfara Seal N5b Gold Deal
October 7, 2020 No Responses

CBN, Zamfara Seal N5b Gold Deal

The Zamfara State Government has sealed N5billion gold supply deal with the Central Bank of Nigeria (CBN).   Briefing Journalists on Tuesday in Gusau, the Zamfara State Capital, the Governor, Bello Matawalle explained that the State Government is det...
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Cornerstone, International Breweries, Presco Top Gainers’ Table As Market Capitalisation Exceed N15tri Mark
October 7, 2020 No Responses

Cornerstone, International Breweries, Presco Top Gainers’ Table As Market Capitalisation Exceed N15tri Mark

The key market indices of the Nigerian Stock Exchange (NSE) on Tuesday rallied to the all-time high, appreciating by 4.92 per cent. Specifically, the market capitalisation which opened at N14.402 trillion rose by N949 billion to close at N15.110 trillion....
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First Bank Disburses N17b Loans Through FirstAdvance
October 7, 2020 No Responses

First Bank Disburses N17b Loans Through FirstAdvance

First Bank of Nigeria Limited has disbursed over N17billion across the country through FirstAdvance, its digital lending solution.   A statement explained that FirstAdvance is designed to offer a convenient and easy access to cash for salary earners ...
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