Metro Archives - Page 79 of 292

Forestalling Insider Trading: Fidelity Bank Bans Directors, Relatives From Trading Shares

October 21, 2019 0

In order to forestall any form of insider trading, the management of Fidelity Bank Plc has asked its directors, managers and other high-ranking members of staff of the bank, as well as their related persons not to engage in the trading of the company’s equities on the floor of the Nigerian Stock Exchange (NSE).

CBN Opposes MTN Over Mobile Banking Transaction Access

October 21, 2019 0

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has kicked against MTN Nigeria’s plan to start charging its subscribers for Unstructured Supplementary Service Data access to banking services from Monday (today).

SEC Probes Lafarge Africa Over Alleged Abuses

October 21, 2019 0

NIGERIA’s apex capital market regulator, Securities and Exchange Commission (SEC), has launched investigations into activities at Lafarge Africa Plc over allegations of poor corporate governance practices and abuses.

FG Earmarks $1.61bn For 24-Hour Power Supply

October 21, 2019 0

The Federal Government in collaboration with international donor agencies has set aside over $1.61 billion to ensure constant power supply in the country.

Stress Test: Banks In Secret Merger Talks

October 21, 2019 0

Merger and acquisition talks are quietly going on in the banking industry, especially among the seven deposit money banks (DMBs) that failed the mandatory stress test on funding adequacy.

AfDB Advocates Unlocking Of $1.8tn AUM For Investment

October 21, 2019 0

The President of the Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, has stressed the need to mobilise mutual funds and other Assets Under Management (AUM) in the continent put at $1.8 trillion, to drive Africa’s development.

Western Delta Varsity Signs MoU With WEMA Bank On Strategic Cooperation

October 20, 2019 0

The Western Delta University, Oghara, Delta State has signed a far-reaching Memorandum of Understanding ( MoU) with Wema Bank Plc, to introduce the institution to the Electronic Bills Payment ( eBillsPay ) and WebPay platforms to enable students and other residents of the university community to receive payment and other transactions through the platform.

Dangote Donates Two Hostels To Students Of Ambrose Alli University

October 20, 2019 0

President of Dangote Group, Aliko Dangote on Saturday made a pledge to build two functional hostels for the use of the students of Ambrose Alli Univeristy, Ekpoma, in Edo State.

SEC Working On Crowdfunding Regulation- Uduk

October 20, 2019 0

The Securities and Exchange Commission (SEC), has said that the commission is working on a framework to regulate the use of crowdfunding by small businesses to raise capital.

UBA Honours Kola Jamodu After 12 Years Of Service, Assures Of Solid Governance Processes

October 19, 2019 0

Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director, Chief Kola Jamodu.