Capital Market/Banking – Page 99

September 23, 2020 No Responses

Ecobank Boss Implores Africa On Trade Facilitation, Wealth Creation

The Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi has reiterated that African countries must adopt a continent wide approach to business and also focus on wealth creation to be relevant in the global value chain. According to Ayeyemi,...

September 22, 2020 No Responses

Nigeria Highlights Capital Market Investment Opportunities

Representatives of the Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) on Monday committed to expanding retail investment opportunities in the capital market. The rep...

September 21, 2020 No Responses

Economic Recovery: Heritage Bank Boss Seeks More Impactful Role In Banking

In the quest to aid speedy economic recovery and impactful service delivery to stakeholders caused by macro-economic headwinds and Covid-19, banking sector’s players have been charged to maximize the opportunities by re-strategizing its roles that will addre...

September 21, 2020 No Responses

SEC: Digital Assets Classification Aimed At Investor Protection

The Securities and Exchange Commission (SEC) has said that the recently released SEC Statement on Digital Assets and their Classification and Treatmen is aimed at boosting investors’ protection in the capital market.Emomotimi Agama, Head, Registration, Excha...

September 20, 2020 No Responses

Ecobank MD: Innovations, Disruptions Will Continue To Define Future Of Banking In Nigeria

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that the future of Nigerian banking would continue to be shaped by innovations and technology disruptions, stressing that only financial institutions that are amenable to such transforma...

September 20, 2020 No Responses

Polaris Bank Appoints Opeke Executive Director

The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s Company Secretary, Mr Babatunde Osibodu, announced the appointment in a statement. Osibodu ex...

September 15, 2020 No Responses

WFE Issues Guidance On Fair, Orderly Markets As New Wave Looms

The World Federation of Exchanges (WFE) has issued a Guidance Note, aimed at policy questions arising from any resurgence of market volatility. In particular, the WFE’s Guidance focuses on how exchanges create fair and orderly markets; and why, when...

September 15, 2020 No Responses

OPay Partners WorldRemit On International Money Transfer

Opay, A Nigerian financial service technology company, has partnered WorldRemit, a global digital payment platform, on direct transfer of money into its mobile wallets in the country. In a statement on Tuesday, Opay’s Director of Remittance Service, Mr...

September 10, 2020 No Responses

Market Capitalisation Recovers N50b

The key market indicators of the nation’s bourse recorded first week gain on Thursday, rebounding by 0.38 per cent on renewed bargain hunting. Specifically, the All-Share Index improved by 96.06 per cent or 0.38 per cent to close at...

September 10, 2020 No Responses

AfDB Approves $27.33m For AU’s COVID-19 Response Initiative

The African Development Bank (AfDB) has approved $27.33 million in grants to boost the African Union’s efforts to mobilise a continental response to curb the COVID-19 pandemic. According to a statement from the AfDB, the approval was m...

September 9, 2020 No Responses

FBNQuest Funds Invests N20b In 70 firms

FBNQuest Funds, the merchant banking and asset management arm of FBN Holdings Plc has invested over N20 billion in private equity since 2003. The company’s Vice President, Alternative Investments, Mr Christian Ekpo, disclosed this on Wednesday at a virtual F...

September 9, 2020 No Responses

Union Bank Appoints Emeka Ogbechie Non-Executive Director

Union Bank of Nigeria Plc has informed the Nigerian Stock Exchange (NSE), shareholders and the investing public of the appointment of Mr Emeka Ogbechie as a Non-Executive Director of the bank, replacing Mr Dick Kramer, who retired in September 2019,...

September 8, 2020 No Responses

World Bank Pledges Support For 54,000 Women In Kebbi

Kebbi State Governor, Atiku Bagudu on Monday disclosed that 54,000 women in the state will be supported by the World Bank under the Nigeria for Women Project (NFWP), to enhance their livelihood. Bagudu who made the disclosure while inaugurating the...

September 8, 2020 No Responses

Naira Closes at N435 To Dollar At Parallel Market

The Naira on Monday gained N5 to close at N435 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N575 and N515, respectively. At the Bureau De Change window, the Naira traded...

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Category: Capital Market/Banking