Category: Business

Market Rebounds on Buy Interest in Banking Stocks by N128.5bn

•Naira close N305.95 at the inter-bank rate • The local bourse shook off losses from yesterday’s trading session as renewed buy interest in banking stocks...

Notore Chemical Lists N100.75bn on Stock

Notore Chemical Industries Plc Thursday listed N100.75 billion worth of share on the floor of the Nigerian Stock Exchange (NSE). The agro-allied firm listed a total of...

UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) which recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting...

IOSCO Issues Guidelines on How to Assist on Management of Volatility

BY ADINDU ADAKU in Lagos• The Board of the International Organisation of Securities Commissions (IOSCO) has published eight recommendations to assist trading venues...

 Ecobank Fire: MD Commends Fire Fighters, Other Banks 

BY ADINDU ADAKU in Lagos• The Managing Director of Ecobank Nigeria Plc, Charles Kie has commended fire service personnel for their diligence, expertise and bravery...

Heritage Bank Supports MSMEs to Grow into Generational Conglomerates

Heritage Bank Plc, ­­­­has assured promoters of Micro, Small and Medium Enterprises (MSMEs) of support to enable them grow their businesses into generational...

Promasidor Secures N5.6bn BoI Loan to Fund Expansion

Promasidor Nigeria Limited, a leading food company, has secured a N5.6 billion credit from the Bank of Industry (BoI) to support its aggressive expansion programmes....

Transactions Rise with 0.8% on Stock Exchange Floor

Transactions on the floor of the Nigerian Stock Exchange (NSE) at the start of the week rose by 0.8 percent to settle at 36,946.18 points while year to date loss...

Sterling Bank’s net profit rises 63.4%

Sterling Bank Plc, has reported a 63.4 percent surge in net profit for the first half ended 30th June 2018. The lender reported a profit after tax of N6.2 billion on...

FCMB’s Study Abroad Exhibition Berths in Lagos Weekend

The nationwide Study Abroad Exhibitions are being hosted by FCMB in partnership with MOD Services, in Lagos this weekend at Sheraton Hotel Ikeja and Eko Hotel &...