Stock Market Archives — Page 35 of 38

August 4, 2016 No Responses

First Bank reiterates support for customers

By Moses Ebosele – First Bank of Nigeria Limited has reiterated its resolve to strengthen its commitment to provide best financial solutions for customers. The Bank in a statement on Wednesday said it has through the years demonstrated an...

August 4, 2016 No Responses

Stanbic IBTC Bank expands SME capacity building initiative

Following the enthusiastic participation by operators since the initiative was launched two years ago, Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has expanded the scope of its capacity building workshop for Small and Medium Scale Enterprises (SM...

August 3, 2016 No Responses

‘Beware of unregistered money transfer operators’

By Moses Ebosele – The Central Bank of Nigeria (CBN) on Tuesday cautioned Nigerians within and outside the country to beware of the unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in Nigeria. In a statem...

August 1, 2016 No Responses

Skye Bank gets N100b lifeline

The Central Bank of Nigeria (CBN) has approved over N100 Billion to shore up Skye Bank Plc operations and liquidity. Managing Director of the Bank, Mr Tokunmbo Abiru who comfirmed the development explained that the CBN guarantee will not...

July 31, 2016 No Responses

Ijewere, Elumelu, Otti, others laud Oduoza’s tenure at UBA

By Moses Ebosele – The outgoing Managing Director of United Bank for Africa (UBA), Mr. Phillips Oduoza has been commended for his leadership qualities. Speaking in Lagos at a book lauch, cross section of industrialists and philanthropists descri...

July 29, 2016 No Responses

Diamond Bank posts 25.5 % drop in profit

By Moses Ebosele – For the first six months of 2016, Diamond Bank Plc recorded Profit After Tax (PAT) of N9.05 Billion, a decline of 25.5 per cent when compared to N12.3 Billion attained within same period in 2015....

July 29, 2016 No Responses

Dangote Cement records 15 per cent drop in profit

By Moses Ebosele – Come August 3, 2016, the management of Dangote Cement Plc will brief the Nigeria Stock Exchange (NSE) and other stakeholders on the financial state of the company especially the 15 per cent drop in its profit...

July 29, 2016 No Responses

FBN Holdings announces new board appointments

By Moses Ebosele – FBN Holdings Plc has announced new Board appointments in the FBN Holdings Group, effective July 19 2016. According to the financial institution, the appointments have been approved by the Board of Directors, “but remain...

July 29, 2016 No Responses

NSE launches recruitment portal

By Moses Ebosele – The Nigerian Stock Exchange (NSE) has launched an online portal to attract top talent and optimize its recruitment process. NSE explained that the recruitment portal which is expected to enhance the Exchange’s recruitment capabil...

July 28, 2016 No Responses

UK Envoy canvasses support for Nigerian capital market

By Moses Ebosele Despite various economic challenges in Africa, the Nigerian capital market has great opportunities, United Kingdom Trade & Investment (UKTI) Envoy, John Howell has said. According to Howell, Nigeria’s capital market is viabrant, not...