Capital Market Archives - Page 5 of 9

Unity Bank Sustains Momentum, As Profits Rise By 43% In Q1/2021

May 1, 2021 0

Nigeria’s foremost agric lender, Unity Bank Plc has sustained the growth momentum demonstrated in its 2020 full year earnings as it recorded an impressive performance of 43% in both profit before and after tax in Q1-2021.

FY2020: Fidelity Bank Approves 22 Kobo Dividend Per Share

May 1, 2021 0

The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appeared in the Register of Members at the close of business on April 16, 2021.

Beatrice Hamza Bassey Confirmed As Union Bank Board Chair

April 30, 2021 0

Union Bank has announced that the Central Bank of Nigeria (CBN) has confirmed the appointment of Mrs. Beatrice Hamza Bassey as the substantive Chair of the Board of Directors and the Bank.

CBN Sack: First Bank Constitutes 11 New Board Members To Direct Its Affairs

April 30, 2021 0

First Bank Plc has constituted a new eleven man board members to replace the old board sacked by the Central Bank of Nigeria (CBN) on Thursday.

CBN Sacks First Bank Directors, Reinstate Adeduntan As MD/CEO

April 29, 2021 0

The Central Bank of Nigeria wielded its big stick on First Bank of Nigeria Limited as the apex regulator of the activities of commercial banks on Thursday when it fired the entire members of the board of First Bank Nigeria Ltd and First Bank of Nigeria Holdings Plc.

Banking Made Simple

April 29, 2021 0

Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations.

CBN Queries First Bank Over Removal Of MD/CEO

April 29, 2021 0

The Central Bank of Nigeria (CBN) has issued a query to the Board of First Bank Ltd for the removal of its Managing Director and Chief Executive Officer, Dr. Sola Adeduntan.

Fidelity Bank Post 53.9% PBT Growth In Q1

April 29, 2021 0

Fidelity Bank Plc has posted a 53.9 percent growth in Profit Before Tax (PBT) to N10.1 billion for the first quarter ended march 31, 2021 (Q1’21) as against N6.6 billion in the corresponding period of 2020 (Q1’20).

NGX Promotes Capacity Building For Trainee Clerks Across Asset Classes

April 29, 2021 0

Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities.

FirstBank Appoints Gbenga Shobo As Managing Director

April 28, 2021 0

First Bank of Nigeria Limited has announced the appointment of Mr Gbenga Shobo, as the Managing Director/Chief Executive Officer designate of the bank.