Capital Market Archives — Page 4 of 61

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 paid...

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...

November 3, 2024 No Responses

Q3: Access Holdings Declares N3.4tri Gross Revenue

Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 t...

November 1, 2024 No Responses

NDDC Partners Bank, Commissions Branch

The Niger Delta Development Commission (NDDC) is to sustain collaboration with financial institutions as part of efforts to accelerate economic growth and development in the Niger Delta region.Speaking during the commissioning of a Providus Bank branch at the ...

October 30, 2024 No Responses

CSCS Bags Capital Market Award

Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure, has been honoured for its outstanding contributions to the financial services industry.City Business News reports that CSCS received the prestigious Capital Marke...

October 29, 2024 No Responses

Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women

Access Bank has announced the launch of The Power of 100 Africa initiative, aimed at honoring women driving change across various sectors in Africa. Building on the success of the 2015 Power of 100 book, which celebrated influential Nigerian women,...

October 28, 2024 No Responses

FBNHoldings Opens N150b Rights Issue

FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders.This offering by FBNHoldings is based on one new ordinary share for every six ordinary...

October 28, 2024 No Responses

Ecobank Nigeria Unveils AI, Digital Skills Training For Lagos Schools

Ecobank Nigeria has partnered with Opolo Global to deliver training and empowerment to schools in Lagos as part of its annual Ecobank Day activities.This flagship social initiative, spearheaded by the Ecobank Foundation, encourages employees to give back to th...

October 22, 2024 No Responses

UBA Declares N525.3b Profit In Q3 2024

For the month of third quarter ended September 2024, United Bank for Africa (UBA) Plc, recorded N525.31 billion Profit After Tax (PAT). The unaudited financial report filed with the Nigerian Exchange Ltd.(NGX) on Monday indicates 16.9 per cent increase, from.....

October 19, 2024 No Responses

NCMI Holds Compliance Summit on FATF

The Nigerian Capital Market Institute (NCMI), a subsidiary of the Securities and Exchange Commission (SEC) is holding a compliance summit for Chief Executive Officers and Compliance Officers on Financial Action Task Force and other related issues.The Summit wi...