Presco shareholders get N1billion dividend today

Presco shareholders get N1billion dividend today

By Moses Ebosele –   Proposal by the board of Presco Plc to pay a dividend of 100kobo per share, amounting to N1billion for the year ended December 31, 2015 has been approved by shareholders.  Addressing shareholders yesterday during the company’s...
read more
UBA partners Mastercard on payments infrastructure

UBA partners Mastercard on payments infrastructure

TO further consolidate on its activities, United Bank for Africa (UBA) has partnered Master Card on payment infrastructure across the Africa continent.   The partnership  which cuts across the 19 African countries in which UBA currently operates include Nige...
read more
Investors stake N3.8b on three banks in one week

Investors stake N3.8b on three banks in one week

By Moses Ebosele –   For the week ended July 15, 2016, transactions in FBN Holdings Plc, Guaranty Trust Bank Plc and Access Bank Plc accounted for 353.999 million shares worth N3.867 billion in 4,188 deals.   At the end of...
read more
Skye Bank shares maintains slidding profile

Skye Bank shares maintains slidding profile

By Moses Ebosele    The shares of Skye Bank Plc  has continued its free fall on the floor of Nigerian Stock Exchange (NSE).    At the end of trading for the week ended Friday July 15, 2016, the Bank shares...
read more
Fitch affirms UBA’s viability rating as Agusto upgrades rating to “Aa”

Fitch affirms UBA’s viability rating as Agusto upgrades rating to “Aa”

*Stock now best performing on the exchange. Foremost global rating agency, Fitch International has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”.  Meanwhile, the pan-African banking group has continued to sustain its benchmark asse...
read more
FirstBank targets 10million new customers in three years

FirstBank targets 10million new customers in three years

AS part of its financial inclusion initiative, First Bank of Nigeria Limited has unveiled plan to grow its customer base by over 10 million new customers in the next three years.   Managing Director and Chief Executive Officer of First...
read more
FBN Capital partners Oxford Business Group on research

FBN Capital partners Oxford Business Group on research

By Moses Ebosele –  FBN Capital has signed a research Memoradum of Understanding (MoU) with Oxford Business Group (OBG). Under the aggrement, a report by OBG will examine the Central Bank of Nigeria’s monetary policy, review the country’s recently-r...
read more
Diamond Bank unveils Mobile POS

Diamond Bank unveils Mobile POS

By Moshood Aliyu –  To increase safety and reliability in payment, Diamond Bank Plc in collaboration with Microsoft has introduced   Diamond Mobile POS (MPOS). Speaking on the partnership between Diamond and Microsoft on Tuesday in Lagos, Diamond Bank...
read more

ASEA partners AfDB on capital market development

By Moses Ebosele –  The African Securities Exchanges Association (ASEA) and African Development Bank (AfDB) have signed a Memoradum of Understanding (MoU) aimed at developing capital markets within the continent. Prominent among those who attended the c...
read more
NSE unveils sustainability report, adopts GRI reporting guidelines

NSE unveils sustainability report, adopts GRI reporting guidelines

By Moses Ebosele   The Nigerian Stock Exchange (NSE) has released its 2015 Sustainability Report titled “Ushering in a new era of sustainability in the Nigerian market place”.  The report, which is in its second edition, according to NSE  demonstrates.....
read more
Again, First Bank is Winner of Best Retail Bank in Nigeria

Again, First Bank is Winner of Best Retail Bank in Nigeria

FOR the fifth time, First Bank of Nigeria Limited, has won “The Best Retail Bank in Nigeria Award”.  At the 2016 Asian Banker Retail Services West African Awards held recently in Lagos, the foremst financial institution also won the “Mobile...
read more
Skye Bank to appear before stock exchange today

Skye Bank to appear before stock exchange today

The new management of Skye Bank plc will today brief the Nigerian Stock Exchange (NSE) on the recent development at the Bank. The meeting scheduled to hold at 12:00noon is expected to dwell extensively on the remote and immediate factors...
read more
No bank is in distress, says CBN

No bank is in distress, says CBN

The  Central Bank of Nigeria (CBN) has dismissed allegations in some quarters that certain banks in the country are in distress.    In a statement, the apex bank described the allegation as unfounded, “malicious rumors and unfounded speculations,” addin...
read more
Skye Bank new MD pledges to harness employees’ expertise

Skye Bank new MD pledges to harness employees’ expertise

The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has pledged the commitment of the new management to harness expertise of employees and the reconstituted board as part of measures to take Skye Bank to...
read more
1 49 50 51 52 53 55