Capital Market/Banking – Page 98

November 4, 2020 No Responses

WAPIC Insurance, ABC Top Gainers’Table As Market Capitalisation Crosses N16tri

The bulls on Tuesday regained dominance on the Nigerian Stock Exchange (NSE) with the market capitalisation crossing N16 trillion mark. Specifically, the market capitalisation increased by N132 billion or 0.83 per cent to close at N16.063 trillion against N15.931 trillion posted on...

November 2, 2020 No Responses

Seplat Shareholders Get $0.05 Dividend

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange (LSE), has announced its unaudited results for the nine months ended 30 September 2020.&...

November 2, 2020 No Responses

Ecobank Restates Commitment To AfCFTA

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organizations to explore the opportunities available in the African Continental Free Trade Area (AfCFTA). Akinwuntan in his remark at an event ...

November 1, 2020 No Responses

Fidelity Bank CEO Reaffirms Commitment To Sound Ethical Business Practices

Fidelity Bank Plc Chief Executive Officer, Mr. Nnamdi Okonkwo has restated the bank’s commitment to the highest standards of ethical and professional conduct in its dealings with customers and all stakeholders. Okonkwo gave the assurance as part of acti...

October 31, 2020 No Responses

Nestle, Mobil, Total, Top Gainer’s Table As Market Capitalisation Gains N571b

Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maolud celebration still on an upward trend, growing by N571 billion. Speficially, the market capitalisation which opened at N15.386 trillion inched higher by N371 billion or 3....

October 30, 2020 No Responses

CBN Explains Framework For N75b Youth Investment Fund

The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in a statement by its Development Finance Department, stated that the fund was a built-in strategy to effectivel...

October 30, 2020 No Responses

Ikechukwu Kalu: SMEs Must Re-Strategize Their Branding Approach To Survive The New Normal

Brand expert, Ikechukwu Kalu has advocated that businesses, specially Small and Media Scale Enterprises (SMES) must adopt new approach to market, especially concerning their brand appeal to survive in the of the post COVID-19 new normal. Kalu noted...

October 29, 2020 No Responses

Sterling Bank Unveils ‘Switch’ Free Money Transfer Service For Nigerians In Diaspora

Sterling Bank Plc has launched “a free money transfer service” for Nigerians in diaspora, called ‘Switch’, to promote financial inclusion, international banking and allied services for such Nigerians. In a statement on Wednesday, Mr Shina Atilola, Ster...

October 28, 2020 No Responses

Banks’ Customers In Benin Lament Poor Services, Long Queues At ATMs

Bank customers in Benin, Edo State, on Tuesday lamented the poor services being rendered by the financial institutions in the state. Some of the customers, who shared their experiences with the News Agency of Nigeria (NAN) in Benin, expressed regret...

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 bi...

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...

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...

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...

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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Category: Capital Market/Banking