Category: Capital Market/Banking

Market Capitalisation Attains N42b Growth
October 27, 2020 No Responses

Market Capitalisation Attains N42b Growth

Transactions on the Nigerian Stock Exchange opened for the week on Monday still on an upward trend with the market capitalisation crossing N15 trillion mark.  Specifically, the market capitalisation which opened at N14.999 trillion inched higher by N42 billion or...
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CIS Tasks FG On Capital Market Investment Opportunities
October 26, 2020 No Responses

CIS Tasks FG On Capital Market Investment Opportunities

The Chartered Institute of Stockbrokers (CIS) on Sunday urged the Federal Government to leverage investment opportunities in the capital market for medium and long-term capital to bridge infrastructure deficit.  The CIS President, Mr Olatunde Amolegbe, in...
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Conoil Shareholders Okay N1.39b For 2019 Dividend
October 24, 2020 No Responses

Conoil Shareholders Okay N1.39b For 2019 Dividend

For the year 2019, Shareholders of Conoil Plc have approved the payment of N1.39 billion dividend, amounting to 200 kobo on every 50 kobo ordinary share. The Shareholders gave the approval during the virtual 50th Annual General Meeting (AGM)&nbs...
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Market Capitalisation Recovers N59b
October 23, 2020 No Responses

Market Capitalisation Recovers N59b

The nation’s bourse on Thursday rebounded with a growth of N59 billion in spite of social unrest and curfew in major cities of the country. Specifically, the market capitalisation which opened at N14.870 trillion rose by N59 billion or 0.40...
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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 trillio...
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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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