Tag: Capital Market

Microsoft Hits $1trillion Market Value
April 26, 2019 No Responses

Microsoft Hits $1trillion Market Value

Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three...
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CBN Records N718.0b, $1.1b From NCR In 2018
April 24, 2019 No Responses

CBN Records N718.0b, $1.1b From NCR In 2018

The Central Bank of Nigeria (CBN) has said that it recorded a huge leap in the value of financing statements under the National Collateral Registry (NCR) in the last five years from N487 billion and $20 million in 2017 to...
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Emefiele To Investors: Nigeria Ready For Business
April 14, 2019 No Responses

Emefiele To Investors: Nigeria Ready For Business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country has gone through a successful election and was ready for investments. The CBN Governor, Godwin Emefiele,  in Washington DC, at the weekend, held an...
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Tony Elumelu Foundation Hosts European Commission, Finance Institutions, Others In Brussels
April 12, 2019 No Responses

Tony Elumelu Foundation Hosts European Commission, Finance Institutions, Others In Brussels

At a time when Europe’s relationship with Africa is high on foreign policy and developmental agenda and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the...
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Analysts Make Assessment Of CBN’s Report Card Under Emefiele
March 31, 2019 No Responses

Analysts Make Assessment Of CBN’s Report Card Under Emefiele

The Central Bank of Nigeria Governor, Mr. Godwin Emefiele can be described as the proverbial cat with nine lives considering the storms he weathered in the past five years. Typically, in Nigeria’s political scene, it is usually not easy for...
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MPR Reduction: More Experts Laud CBN
March 29, 2019 No Responses

MPR Reduction: More Experts Laud CBN

The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN)  for  reducing the Monetary Policy Rate (MPR) by 50 basis points from 14 per cent to 13.5  per cent. Its Director-General, Mr. Muda Yusuf...
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Entities Must Identify, Block Fraudsters, Says Saleh, CEO, Egyptian Stock Exchange
March 29, 2019 No Responses

Entities Must Identify, Block Fraudsters, Says Saleh, CEO, Egyptian Stock Exchange

The Executive Chairman, Egyptian Stock Exchange, Mohamed Farid Saleh, has advised financial institution to put in place a detailed Know Your Customer (KYC) policy as part of measures to curtail financial crimes.  In a chat with WFE in house magazine,...
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Nigeria To Auction N100b Bonds
March 20, 2019 No Responses

Nigeria To Auction N100b Bonds

The Federal Government of Nigeria will auction by subscription N100 billion worth of bonds on March 27, 2019. The Debt Management Office (DMO)  in a circular on its website on Tuesday explained  that the five-year re-opening bonds of N40 billion...
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UBA Declares N78.6b Profit, N494b Gross Earnings In 2018
March 18, 2019 No Responses

UBA Declares N78.6b Profit, N494b Gross Earnings In 2018

For the 2018 financial year, the United Bank for Africa (UBA) Plc has declared Profit After Tax of N78.6billion, an increase of 1.4 per cent when  compared to N77.5 billion recorded in 2017.  According to the 2018 financials already filed...
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MTN Nigeria To list Shares Before June, Explains $1b Divestment Agenda
March 8, 2019 No Responses

MTN Nigeria To list Shares Before June, Explains $1b Divestment Agenda

MTN Group has concluded plans to list shares on the floor of Nigerian Stock Exchange (NSE) before the end of June, 2019.  In a statement on Thursday, the Group explained that  the year 2018 recorded revenue of  37.971billion South African...
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Capital Market Liquidity: Nigeria Seeks National Savings Committee
March 6, 2019 No Responses

Capital Market Liquidity: Nigeria Seeks National Savings Committee

The Minister of Finance, Mrs Zainab Ahmed has said that the Federal Government is willing to set up a National Savings Committee that will make recommendations to the government on the best ways to mobilise savings that would lead to...
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CSCS Gets ISO/IEC 27001:2013 Re-certification
February 27, 2019 No Responses

CSCS Gets ISO/IEC 27001:2013 Re-certification

Central Securities Clearing System (CSCS) Plc has secured its recertification under ISO/IEC 27001:2013 following the recent audit of its compliance with information security risks controls by the British Standards Institution (BSI), UK, one of the world’s la...
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SEC Clamps Down On Growing Circle Over Alleged Illegal Capital Market Activities
February 20, 2019 No Responses

SEC Clamps Down On Growing Circle Over Alleged Illegal Capital Market Activities

The Securities and Exchange Commission, SEC, has sealed off the premises of Growing Circle in Lagos for  engaging in alleged  illegal fund management  activities. According to the Commission, the company was shut down for carrying out investment...
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Financial Inclusion: First Bank, Azuri Technologies Explain Partnership
February 7, 2019 No Responses

Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, on Wednesday announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions o...
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