archiveJuly 23, 2016

The Central Bank of Nigeria (CBN) has instructed authorized dealers that include Access Bank Plc, Zenith Bank Plc, and other authorized deals in the country to commence sales of foreign exchange to Bureau De Change (BDCs). CBN in a circular signed by Acting Director, Trade & Exchange, Mr. W. D...

The Executive Director, Finance & Strategy of Sterling Bank Plc, Mr. Abubakar Suleiman has assured that the bank would consolidate on the positive ratings by the various international rating agencies by ensuring that it continues to deliver quality banking services to its customers and adhere strictly with best practice as...

A turnover of 1.350 billion shares worth N9.287 billion in 18,679 deals were traded this week by investors on the floor of the Exchange Nigerian Stock Exchange (NSE) in contrast to a total of 1.149 billion shares valued at N13.616 billion that exchanged hands last week in 21,868 deals. The...

As the nation’s capital market closed on Friay, four financial institutions out of 15 listed on The Nigerian Stock Exchange (NSE) are top performing shares in 30-week of 2016. These four financial institutions include United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc and Access...

The outgoing Group Managing Director/Chief Executive, United Bank of Nigeria (UBA), Plc Mr Philips Oduoza, has said that volatility and instability in governance in some African countries have exposed most major banks in Africa to political risk. Oduoza, while given a lecture on the” Emergence of a Nigerian Pan-African Bank”...