Economy will Stabilize After Elections-NSE CEO

The Nigerian Stock Exchange(NSE)CEO,Oscar Onyema has said that the economy this year will naturally experience some instability until after the general elections scheduled to run for the next two months. He said the capital market,especially the equity market, is expected to encounter some volatility in the first quarter of the year because of uncertainty in […]

First Bank Educational Products Excites Schools

First Bank of Nigeria Limited has said it is supporting schools with their business requirements to promote preparations for the school year. This, the bank stated that it achieves through its array of educational based products and solutions targeted at enabling schools acquire their required educational facilities to boost the continued expansion of their schools […]

UBA GMD Thanks Bank Customers in 23 Countries

The Group Managing Director of United Bank for Africa Group (UBA)Kennedy Uzoka has sent felicitations to the bank customers across the 23 countries were the bank is operating . In the release he thanked the customers of the bank for their support and promised to keep faith with their banking needs with excellent products and […]

The Tony Elumelu Foundation, is Accepting Applications for the 2019 TEF Entrepreneurship Programme.

The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new […]

NEM , Continental and Diamond Bank Plc Removed from the NSE CG Index

Following the launch of the Corporate Governance Index of The Nigerian Stock Exchange (NSE CG Index) during the inaugural Corporate GovernanceRating System (CGRS) certification ceremony held in Lagos on Thursday, 22 February 2018. The Nigerian Stock Exchange (NSE) hereby informs the investing public that three (3)companies namely: NEM Insurance Plc (NEM Insurance), Continental Reinsurance Plc […]

Appointment of Duroha as Substantive MD/CEO NOVA Merchant Bank

APPOINTMENT OF SUBSTANTIVE MD/CEO The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the approval of the Central Bank of Nigeria. Mr. Anya Duroha has been in Acting […]

NSE Announces its Sustainability Disclosure Guidelines (SDG)

In fulfilment of its desire to champion sustainable capital market practices in Africa, The Nigerian Stock Exchange (NSE ) has announced that its Sustainability Disclosure Guidelines (the ‘Guidelines’) has been approved by The Securities Exchange Commission (SEC). According to the release,the Nigerian Stock Exchange recognizes that the promotion of Environmental, Social and Governance (ESG) principles […]

Heirs Holdings Moves to scale its Energy Investments Signs $600 million Facility Deal with Afrexim Bank

As a demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim recently signed financing facilities to the tune of US$600 million with the Heirs Holdings Group. Heirs Holdings is a pan-African proprietary investment holding company with investments across Africa, in the […]

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions. The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized […]

Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect.com

On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme. According to a release from UBA Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst […]

The Nigerian Stock Exchange ( NSE) is hosting the 2018 edition of its Exchange Traded Products (ETPs) conference tagged – Exchange Traded Products: Evolving investment themes, Accessing New Markets and Enhancing Portfolio Alpha. The event is holding today at Oriental Hotel, Lekki Road – Lagos. The conference will address Investors, Fund Managers, Regulators, and Capital […]

NSE Commissions Media Lounge

The Nigerian Stock Exchange (NSE) recently commissioned the Media Lounge at its headquarters in Marina, Lagos. The Lounge will serve as a meeting and bonding facility for journalists that cover the activities of the Exchange. At the commissioning were media personalities such as Mr. Qasim Olalere Akinreti, Chairman, Nigerian Union of Journalists, Lagos Chapter; Mrs. […]

WEMA Bank Wont Sack Workers Over Banking Disruption-CEO

The Chief Executive Officer of WEMA Bank PLC,Ademola Adebisi has said that the bank will not sack workers as result of the threatening fintech. disruption of banking as we know it across the globe,saying that WEMA would be employing the retraining option to ensure it survives. According to him from experience changes in technology does […]