Owoturo: Capital Market’ll Help Nigeria Regain Economic Momentum

Owoturo: Capital Market’ll Help Nigeria Regain Economic Momentum

The Institute of Capital Market Registrars has said that an effective utilisation of Nigeria’s capital market can help the nation to regain its economic momentum. The President and Chairman of the Council of the Institute, Mr Oluseyi Owoturo, said this...
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Ecobank Celebrates Customers, Reiterates Excellent Service Delivery

Ecobank Celebrates Customers, Reiterates Excellent Service Delivery

Ecobank Nigeria has felicitated its customers in commemoration of this year’s Customer Service Week (CSW). The Customer Service Week is an international celebration of the importance of customer service and of the people who serve and support customers daily...
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Presco’s Shareholders Get N8.6b Dividend For 2022

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
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Oando Declares N32.9b Profit For 2021

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of its intent to acquire the Nigeria Agip Oi...
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Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. T...
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Photo News

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Di...
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Tinubu Nominates Yemi Cardoso As CBN Governor

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...
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UBA Declares N404b PBT, 50k Interim Dividend 

UBA Declares N404b PBT, 50k Interim Dividend 

For the half year ended June 30, 2023, United Bank for Africa (UBA) Plc, delivered an outstanding performance as announced in its audited financial report.  The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group...
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Zenith Bank Declares N15.70b Interim Dividend

Zenith Bank Declares N15.70b Interim Dividend

For the half year ended June 2023,  Zenith Bank Plc has declared an interim dividend of N15.70 billion, representing N0.50 per share.  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an interim....
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NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...
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Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividends in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC) t...
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NGX Market Capitalisation Up By N1.8trillion In July

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...
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Transcorp Attains N82.1b Revenue In Six Months

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...
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Again, Ecobank Bags Euromoney Africa’s Best Bank for SMEs Award

Again, Ecobank Bags Euromoney Africa’s Best Bank for SMEs Award

Ecobank has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group...
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