Tag Archives: NSE

CBN, FIRS, others meet on FSS 2020

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The Central Bank of Nigeria and other agencies involved in the implementation of the Financial System Strategy 2020 will converge on Lagos this week to mark 10 years of strategising to bring into existence the programme. The objective of the event, which holds on Wednesday and Thursday, is to review the status of the FSS 2020 programme and deliberate on …

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Induction: SEC, NSE Task Brokers On Zero Market Infraction

NEW DEALING CLERK

The Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has reiterated the need for operators on the floor of the equities market to be above board in their dealings in the local bourse. The duo said the position of the Commission and …

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SERAs : Sterling Bank Is Best Company in Financial Inclusion

Sterling Bank logo

Sterling Bank Plc, Your one-customer bank, has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held in Lagos weekend. The theme of this year’s edition of the awards is transformational sustainability: From Social Responsibility to Social Impact. The award was received on behalf of the bank by Mr. Olufemi Ojo-Omoniyi, Head, Markets, Liquidity …

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Fidelity Bank Sustains Earnings Growth For Third Quarter 2017

FIDELITY BANK MD

Fidelity Bank Plc has reported an impressive third quarter earnings, at both top and bottom line for the period ended September 30, 2017. A breakdown of the company financial report shows that the bank was able to grow its gross earnings by 17.89 percent from N110,346 billion in 2016 to N130,086 billion in 2017. Profit before income tax was up …

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NSE Seeks 8 year Tenure For Investors Protection Fund Board Members

Nigerian Stock Exchange Logo

The Nigerian Stock Exchange, NSE, has proposed for an extension in the tenure of Board of Trustees of the Investors Protection Fund, IPF, to two terms of four years each. The Exchange said the extension became necessary to allow for continuity in the Board, adding that the Securities and Exchange Commission, SEC has given a no objection to the proposal. …

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Franco-Nigerian Chamber of Commerce At The Closing Gong Ceremony At The NSE- PIX

 Photo Caption: From   Left: Moses Umoru, General Manager, Franco-Nigerian Chamber of Commerce (FNCCI); Eric Jeanneau, General Manager, Total E&P Nig Ltd; Tinuade Awe, General Counsel & Head of Regulation, The Nigerian Stock Exchange (NSE); Laurent Polonceaux, Consul General of the French Consulate; Tony Ibeziako, Ag. Head, Capital Markets Division; Francis Widmer, Economic Counsellor of the French Embassy and Laurent Couderc, Ponticelli …

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CFAO Marks New Milestone, Commissions FUSO Assembly Plant in Lagos

CFAO

The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, on Thursday commissioned a FUSO assembly plant at its Amuwo-Odofin, Apapa-Oshodi Expressway facility in Lagos.  The inauguration took place with the special guest of honour, Dr. …

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NSE’s Sendforth Ceremony For Two Of Its Former Directors

NSE

Photo Caption: From Left: Oscar Onyema, Chief Executive Officer,  The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, former Executive Director, Capital Markets Division, NSE; Maimuna Jalo-Waziri, wife of Haruna Jalo-Waziri; Mrs. Bajomo, mother of Ade Bajomo;  Ade Bajomo, former Executive Director, Market Operations and Technology, NSE and Abimbola Ogunbanjo, President, NSE during the sendforth event for Ade Bajomo and Haruna Jalo-Waziri at The Exchange yesterday in Lagos.

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CBN Registers 285 More BDCs, Operators Hit 3,432

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The Central Bank of Nigeria (CBN) has registered an additional 285 foreign exchange dealers, bureau de change operators, in the country between January and September this year. The Association of Bureau De Change Operators of Nigeria (ABCON) said the exercise would further deepen the retail foreign exchange segment of the market. According to the apex regulatory agency, as at September …

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Oando JV Boosts Agric In Niger Delta

OANDO LOGO

Oando and its Joint Venture (JV) partners the Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company (NAOC), have given a boost to agriculture through training and giving assistance to farmers leading to greater awareness on what farmers should do to increase yield. As a result of the increased awareness on the agric sector’s growth potential, oragnisations such as …

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