Diamond Bank Disburses N1B To SMEs

Diamond Bank Disburses N1B To SMEs

Diamond Bank Plc  has announced its disbursement of over N1 billion under the cash flow-based SME lending scheme.   Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the Cash Flow-based MSME Lending Methodology,...
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Investors Stake N2.7B On UBA, Wema Bank, Zenith In Five Days

Investors Stake N2.7B On UBA, Wema Bank, Zenith In Five Days

For the week ended August 10, 2018, investors on the floor of Nigerian Stock Exchange (NSE) staked not less than N2.7Billion on 260.554 million shares of United Bank for Africa Plc, Wema Bank Plc and Zenith International Bank Plc in...
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NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit

NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit

The Nigerian Stock Exchange (NSE) said on Friday that the 3 trillion dollars required to provide infrastructure for the next 25 years could be addressed with Green Bond issuance.    Mr Oscar Onyema, NSE Chief Executive Officer, stated this at...
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Investors Stake N70.2B On Stanbic IBTC, Access Bank, Zenith Bank In Four Days

Investors Stake N70.2B On Stanbic IBTC, Access Bank, Zenith Bank In Four Days

For the week ended June 1, 2018, transactions in Stanbic IBTC Holdings Plc, Access Bank Plc and Zenith Bank International Plc (measured by volume) accounted for 1.626 billion shares worth N70.285 billion in 2,882 deals, contributing 60.23% and 82.91% to...
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Experts Highlight Role Of Exchanges In Preserving Market Integrity

Experts Highlight Role Of Exchanges In Preserving Market Integrity

The World Federation of Exchanges (WFE) panel on Thursday at a special meeting in London focused on the role of its members in preserving market integrity.   ​According to WFE, the ongoing debate will focus on the key themes in...
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Panel On Banking Supervision Issue Criteria For Identifying simple, transparent Securitisations

Panel On Banking Supervision Issue Criteria For Identifying simple, transparent Securitisations

The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO)  on Monday issued the Criteria for identifying simple, transparent and comparable short-term securitisations.    According to IOSCO, the s...
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Investors Stake N20.8B On 18,698 Deals In Four Days

Investors Stake N20.8B On 18,698 Deals In Four Days

A total turnover of 1.331billion shares worth N20.835 billion in 18,695 deals were traded by investors on the floor of the Nigerian Stock Exchange (NSE) this week, in contrast to 1.825 billion shares valued at N24.653 billion that exchanged hands...
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Investors Stake N35.1b on 14.2billion Shares In Four Days

Investors Stake N35.1b on 14.2billion Shares In Four Days

A total turnover of 14.257 billion shares worth N35.056 billion in 17,379 deals were traded between Monday and Thursday this week by investors on the floor of NigerianStock Exchange (NSE) in contrast to a total of 2.182 billion shares valued...
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‘Nigeria’s maritime sector, haven of opportunities for investors’

‘Nigeria’s maritime sector, haven of opportunities for investors’

The Minister of Transportation, Rotimi Amaechi has stated that the Nigerian maritime sector is a haven of opportunities for the world maritime industry to tap into.  The Minister who made this known while speaking at the “Africa @ Nor” session...
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