Business

Photo Caption: From Left; Ms Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mrs. Hajara Adeola, Managing Director/CEO, Lotus Capital Limited during the Listing of Lotus Halal Fixed Income Fund at the Exchange today in Lagos.

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Thousands of students across various tertiary institutions in the country have been on-boarded on the Ecobank Mobile App following the ‘Ecobank Xpress Campus Storm’ campaign that is currently visiting universities and polytechnic campuses across the country. The ‘Ecobank Xpress Campus Storm’ which flagged off in May has since visited the University of Lagos, Akoka, the Yaba College of Technology, University …

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 The Nigerian Stock Exchange (The Exchange or NSE) has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants and enable investors deploy broader trading strategies, enjoy best execution and benefit from enhanced market depth. According to a statement made available to …

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The Budget and National Planning Minister, Senator Udoma Udo Udoma, on Thursday in Abuja inaugurated the Technical Working Group for the Nigeria Aid Transition Plan (TWG-NATIP), whose mandate is to develop a comprehensive strategy for addressing the funding gap that may arise with the scaling down of development partner funding to Nigeria. The Minister said the initiative was in line …

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In line with the determination of the nation’s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange Commission (SEC) yesterday, took its team of campaigners to Kwali Area Council of Abuja to enlighten rural duelers in the area on the meaning and essence of financial inclusiveness. The Acting Director-General of the commission, …

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The Nigeria Inter-Bank Settlement System (NIBSS) has said that a total of N12.310 billion was lost to banking fraud through various channels between 2014 and 2017. The Managing Director, NIBSS, Mr. Adebisi Shonubi who made this remarks’ on Thursday, also revealed that the volume of fraud perpetrated by fraudsters within the four years period stood 56,778, while the attempted fraud …

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The African Development Bank (AfDB) has issued one million dollar grant to the Bank of Agriculture (BOA) to restructure and strengthen its capacity in responding to emerging challenges. Kabiru Adamu, CEO, Bank of Agriculture, who disclosed this in an interview with News Agency of Nigeria (NAN) on Thursday in Abuja, said the bank is working to recover the N60 billion …

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Executive Director of Heritage Bank, Jude Monye (R); in a handshake with MD of Punch Newspaper, Mr. Ademola Osinubi (L); Company Secretary/Legal Adviser of Punch, Mrs. Omolara Ogunleye; Editor of Punch, Mr. Martin Ayankola, during Heritage Bank team’s condolence visit to Punch Newspaper’s office over the dead of its Chairman, Late Gbadebowale Aboderin in Lagos

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The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (4th from left) and Officials of China Development Bank and Lekki Deep Sea Port after a meeting at the Authority’s Corporate Headquarters in Marina, Lagos.

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Wema Bank Plc, Nigeria’s longest serving indigenous Bank and pioneer of Africa’s first fully digital bank ALAT, has introduced agent banking in Kano as it seeks to deepen its retail footprint across informal economic sectors of the North-Western states and to drive financial inclusion within the entire northern region of the country. Agent Bank is a cost-effective medium employed by …

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