Archives for CAPITAL MARKET
Wema Bank dips by 2.7% to N5.1b in 2020
By Ngozi Onyeakusi------- Wema Bank Plc, has reported decline in its profit to billion the period ended 31st December, 2020 agains billion recorded in 2019. The lender equally recorded…
Valency Agro Taps Commercial Paper Market… Quotes ₦5.12bn Series I CP on FMDQ Exchange
In fostering the development of the Nigerian Debt Capital Markets , FMDQ Securities Exchange Limited has continued to avail its credible and efficient platform as well as tailor…
Ogunbanjo, Onyema Congratulate New DG, WTO, Okonjo-Iweala
The President of the National Council, The Nigerian Stock Exchange (NSE) Otunba Abimbola Ogunbanjo, and the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON, are pleased to…
Zenith Bank records strong growth in profitability in 2020
ZENITH BANK has released audited 2020FY numbers , which showed that the bank recorded strong earnings growth over the prior year. This performance belies the challenging operating environment…
Fintech will Enhance Financial Inclusion -SEC
By Ngozi Onyeakusi------The securities and Exchange Commission, has stated that it is committed to enhancing financial inclusion in the country through technology. Director General of the SEC,…
FMDQ Admits Parthian Partners ₦20.00 billion Commercial Paper
The Nigerian Debt Capital Market has continued to witness significant activity among corporates seeking a viable avenue to raise capital to meet their financing needs. To this…
NSE lifts suspension on LASACO Assurance
By Ngozi Onyeakusi----- Following completion of its share reconstruction, Nigerian Stock Exchange (NSE) yesterday lifted its suspension placed on LASACO Assurance Plc. In a circular, the NSE stated that…
SUNU ASSURANCE LISTS OVER THREE BILLION ADDITIONAL SHARES ON NSE
MD/CEO Sunu Assurances By Ngozi Onyeakusi------SUNU Assurances Plc at the weekend listed on the daily official list of the Nigerian Stock Exchange (NSE) additional 3,010,800,000 ordinary shares…
SEC DG Urges Senior Bankers to Mentor Younger Generation
Ngozi Onyeakusi ----Senior bankers in the nation’s banking sector have been urged to mentor the younger generation so as to ensure sustainability, safety and soundness of…
FMDQ Admits Coronation Merchant Bank’s New Commercial Paper Series
By Ngozi Onyeakusi-------- Corporate institutions have continued to explore alternative financing options by tapping the debt capital market to sustain their business activities and plug capital shortfalls. Following…