Business

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has said it is committed to the sustenance, growth and development of Nigeria’s agricultural sector. Divisional Head of Corporate Communications, Heritage Bank, Mr. Fela Ibidapo, who disclosed this in a statement at yesterday, said the bank is committed to leading the way in agricultural financing in the country. Ibidapo explained that …

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With ease, Nigerian Muslim faithfuls can now fulfil their Hajj obligations in Mecca, Saudi Arabia, through the Hajj savings plan launched by the Non-Interest Banking Group of Sterling Bank Plc in partnership with Nasrul-lahi-li Fathi Society of Nigeria (NASFAT) in Lagos. The bank also signed a Memorandum of Understanding (MOU) with TAFSAN, the investment arm of Nasrul-lahi-li Fathi Society of …

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The Honourable Chairman / Chief Executive Officer of Investments and Securities Tribunal (IST) Siaka Isaiah Idoko Akoh, has called for adequate funding of the tribunal. He disclosed this Monday May 7, 2018, on the floor of Nigerian Stock Exchange (NSE) in Lagos, when he led members of the tribunal on a courtesy visit to the management of NSE. Idoko-Akoh who …

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One of Nigeria’s most reliable financial institutions, Keystone Bank Limited is fast carving a niche for itself in the financial sector as a bank with the best Corporate Social Responsibility-responsive mechanism. The bank which is loaded with innovative strategies has again demonstrated its commitment to strengthen educational development and empowerment of Nigerian youths as it promptly responded to an appeal …

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The West African Securities Regulatory Authorities (WASRA) has agreed to converge existing rules of Capital Market regulatory agencies within the region in a bid to ensure that cross border listing is carried out with little or no hindrances. This is to allow foreign companies carry out their businesses within the region and assist in deepening capital markets within the West …

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The Nigerian Stock Exchange (NSE), has sanctioned some banks along other listed companies on the exchange for failing to meet the deadline for the submission of their audited report and accounts for last year. The list of the affected listed companies indicated that FBN Holdings Plc – the holding company for First Bank of Nigeria and its former subsidiaries – …

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Access Bank Plc has disclosed that its ‘W’ Academy, in partnership with the Enterprise Development Centre (EDC) of the Lagos Business School (LBS), recently organised a professional business capacity-building workshop for 500 female entrepreneurs in Port-Harcourt, Abuja and Lagos.  These capacity building initiatives across the three states took place in the last four months and served as the third, fourth and fifth …

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Trading on the floor of Nigerian Stock Exchange (NSE) on Thursday May 3, 2018 closed with the share price of Unity Bank Plc topping the gainers table with 10 kobo to close at N1.15 kobo gaining 9.52 percent. Just as the key market indicators went down by 0.48 percent, bringing the year to date return to 7.49 percent. Specifically the …

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The Securities & Exchange Commission (SEC) approved about 120 merger related transactions in the last three years, its acting Director General, Mary Uduk, said. Ms Uduk disclosed this at the first Annual Seminar of the Committee on Mergers, Acquisitions and Reorganisations of the Nigerian Bar Association (NBA) section on Business Law in Lagos on Thursday. At an average of 40 …

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Jaiz Bank Plc says it will reposition its operations under a five-year strategic plan. The Managing Director, Hassan Usman, said this during the inauguration of the lender’s training centre in Zaria. The centre is expected to provide manpower training on non-interest banking and finance. In a statement by the bank, Usman said the strategic plan, which covers the 2018 to …

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