Capital Market Archives — Page 4 of 61

December 10, 2024 No Responses

Tinubu Appoints Ogunjimi Acting AGF

President Bola Ahmed Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).A statement issued by Bayo Onanuga,Special Adviser to the President(Information & Strategy) Explained his appointment is effective immediately following the pre-retirement leave...

December 8, 2024 No Responses

SEC Tasks Banks On Recapitalisation, Corporate Governance

The Securities and Exchange Commission ( SEC) has urged banks to strengthen their corporate governance principles and risk management framework to enhance investors’ confidence in the ongoing recapitalisation exercise.At the just concluded yearly worksho...

December 4, 2024 No Responses

Senate Passes Investments, Securities Bill 2024

In a major boost to the operations of the Securities and Exchange Commission(SEC) and the Nigerian capital market, the Senate has passed the Investments and Securities Bill 2024.The Investments and Securities Bill, meant to repeal the Securities and Exch...

December 3, 2024 No Responses

XMAS: UBA Lights Up Lagos Marina Garden

United Bank for Africa (UBA) through its Corporate Social Responsibility Arm, the UBA Foundation, has held its annual Garden Light-Up ceremony to kick-start the festive season.The ceremony, held at the United Bank for Africa (UBA) head office in Lagos, brought...

December 3, 2024 No Responses

Greenwich Merchant Bank Appoints Benson Ogundeji As MD/CEO

The Board of Directors, Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of the approval of the Central Bank of Nigeria (CBN).The Chairman o...

December 1, 2024 No Responses

UBA, NIBSS, Others Collaborate On NQR Payment Solution

To enhance financial inclusion and the digital payment landscape in Nigeria, the United Bank for Africa (UBA) on behalf of Nigeria Inter-Bank Settlement System (NIBSS), other Banks and financial institutions, has successfully hosted the inaugural Annual Genera...

November 29, 2024 No Responses

UBA Photo News

Group Chairman, United Bank for Africa (UBA) Plc, Mr Tony O. Elumelu, CFR; French Minister of Finance, Mr. Antoine Armand signing a landmark business cooperation agreement for the development of UBA’s full banking operations in France. Watching on are Presid...

November 29, 2024 No Responses

Photo News

L-R: Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; President/Chief Executive, Dangote Group, Alhaji Aliko Dangote, GCON; Group Managing Director/Chief Executive, Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON; Director General of...

November 23, 2024 No Responses

EFCC Warns Banks Against Fraudulent Practices

The Economic and Financial Crimes Commission (EFCC) has warned banks against making themselves available as instruments of fraud.The warning was handed down on Friday when the management team of Moniepoint, led by its founder and Group CEO, Tosin Eniolorunda p...

November 11, 2024 No Responses

Delta Budgets N936b For 2025

Delta State Executive Council, (EXCO), Monday, approved a proposed budget of N936 billion for the 2025 fiscal year.Briefing Journalists after the Exco meeting presided over by Governor Sheriff Oborevwori, the State Commissioner for Economic Planning, Mr Sonny ...

November 6, 2024 No Responses

Oando Wins ‘Deal Of The Year’ Award

Oando Plc, listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.The Africa Energy Chamber (AEC), the organisers of the annual week-long...

November 5, 2024 No Responses

SEC Takes Investor Clinic To Ibadan

The Securities and Exchbage Commission has announce that the Commission would be holding an Investor Clinic in Ibadan from November 7-8 2024.Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama who stated this Tuesday in Abuja, said ...

November 5, 2024 No Responses

Photo News

Dr. Adaora Umeoji OON, Group Managing Director/CEO, Zenith Bank Plc (left) and Mr David Lammy, the British Foreign Secretary during a recent meeting on areas of mutual partnership.

November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...