Finance Archives — Page 12 of 21

April 26, 2018 No Responses

Diamond Bank Pulls Out Of UK

The Managing Director/ Chief Executive Officer of Diamond Bank Plc, Uzoma Dozie, has assured customers that the sale of the international subsidiaries is not expected to cause service disruptions for the bank’s customers across the world. The Bank explained...

April 26, 2018 No Responses

Access Bank Shareholders Laud 2017 Performance, Dividend Policy

For the financial year 2017, Shareholders of Access Bank Plc on Wednesday commended the Management and Board for the payment of 65 kobo dividend on their investment. The Bank on Wednesday paid a final dividend of 40 kobo per share....

April 25, 2018 No Responses

Tony Elumelu To African Leaders: Prioritize Africa’s Youth

During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing Africa’s youth by fixing the policy and regulatory issues impeding t...

April 23, 2018 No Responses

Nigeria’s External Reserves Hit $47.93b, Explains 17m Tax Payers’ Base

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, explained on Sunday that the country’s positive growth outlook would be sustained. The Minister and the CBN Governor gave this as...

April 22, 2018 No Responses

Eximbank Pledges $700m For Shipping

The Export–Import Bank of Korea (KEXIM) has committed to provide the country’s shipping industry with KRW 800 billion ( approximately USD 750 million) worth of loans and guarantees this year. The loans will be provided to shipping companies for buying...

April 22, 2018 No Responses

Photo News

L-R: Permanent Secretary in the Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse; Honourable Minister for Finance, Mrs. Kemi Adeosun; Emir of Kano, HRH Alhaji Sanusi Lamido Sanusi and the Managing Director of Infrastructure Development for Africa, Mr. Jimoh ...

April 21, 2018 No Responses

Nigerian Appoints Committee On e-IPO

Nigeria is to adopt Electronic IPOs (e-IPO). Already, a committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Association of Issuing Houses of Nigeria (AIHN), Association of Stock Brokers (ASHON), Central Securitie...

April 21, 2018 No Responses

Photo News

The Minister of Finance, Mrs. Kemi Adeosun (right), with the Treasurer and Vice President of the World Bank, Arunma Oteh (left) and Deputy Secretary General of United Nations, Amina Mohammed, at a meeting on Friday, 20th April, 2018, where the...

April 18, 2018 No Responses

Wema Bank Introduces Agent Banking in Bauchi

Wema Bank Plc has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country. Agent Bank is a cost-effectivemedium employed by Banks to provide financial access to unbanked,...

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...

April 16, 2018 No Responses

SEC Holds First CMC Meeting In 2018

The Securities and Exchange Commission (SEC) is set to host the First Capital Market Committee (CMC) meeting for 2018. The meeting is scheduled to hold in Lagos from Thursday April 19 to Friday April 20, 2018 at the Federal Palace...

April 14, 2018 No Responses

SEC Gets New Acting DG

The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC). Under the arrangement, Ms. Mary Uduk will assume the position of Acting Director-General of the Commission. T...

April 13, 2018 No Responses

CBN Begins Disbursement Of N26b Agribusiness Fund To MSMEs

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries. The CBN Governor...

April 13, 2018 No Responses

NSE To Migrate Access Bank, UBA, Others To Premium Board

The Nigerian Stock Exchange (NSE) on Thursday announced plans to migrate Access Bank, Lafarge Africa, Seplat and United Bank for Africa (UBA) Plc to its Premium Board The NSE said in Lagos the four companies would be migrated to...