Union Bank to raise N50bn Tier 1 capital in Q2, increases earnings by N9.38bn
Union Bank to raise N50bn Tier 1 capital in Q2, increases earnings by FOLLOWING approvals from its shareholders, Union Bank will launch a rights issue in the second quarter…
Sterling Bank reports disappointing 2016 result, after tax profit drops by 49.7%
Sterling Bank reports disappointing 2016 result, after tax profit drops by STERLING Bank Plc has declared disappointing result in its financial statement for the year ended 31th December 2016.…
AfDB approves a $450 million trade finance package for the African Export-Import Bank
AfDB approves a $450 million trade finance package for the African Export-Import Bank THE Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 29, 2017…
AfDB President, Adesina arrives in New Delhi to boost relations between India and Africa
AfDB President, Adesina arrives in New Delhi to boost relations between India and Africa THE President of the African Development Bank Group (AfDB), Akinwumi Adesina, arrived in New Delhi…
Members approve NSE demutualisation process
Members approve NSE demutualisation process THE members of the Nigerian Stock Exchange (NSE) have approved the demutualisation programme of the exchange. This decision was reached at the Extra-Ordinary General…
AfDB calls for a “revolution” in providing energy access solutions
AfDB calls for a “revolution” in providing energy access solutions THE African Development Bank (AfDB) brought together more than 180 stakeholders across the off-grid energy sector on Tuesday, March…
FIFA grants 2018 World Cup broadcasting rights in Sub-Saharan Africa
FIFA grants 2018 World Cup broadcasting rights in Sub-Saharan Africa (Reuters) - Soccer governing body FIFA on Thursday said it had awarded media right to five broadcasting groups in…
Heritage Bank enhances capacity of ex-BB Naija Housemates, entrepreneurs
Heritage Bank enhances capacity of ex-BB Naija Housemates, entrepreneurs R-L: Fela Ibidapo, Group Head, Corporate Communications, Heritage Bank Plc; Osepiribo Ben-Willie, Divisional Head, Private Wealth Management of the…
Shareholders commends Access Bank performance, approves N11.571bn final dividend
Shareholders commends Access Bank performance, approves final dividend ACCESS Bank Plc shareholders have commended the management and board of directors of the bank for impressive performance recorded in…
UPDC, NB quotes N10bn worth of commercial papers on the FMDQ platform
UPDC, NB quotes N10bn worth of commercial papers on the FMDQ platform AS market participants continue to align their activities in the wake of the policy reforms shaping the…