over N5 trillion that has been processed on the new platform just within 11 weeks. We are talking of over 10 million in terms of the volume of cheques. That tells you how much we do with this mode of payment
Category: Companies
FBN Holdings, Fidelity & Zenith Banks Top Total Volumes Traded
First Bank Holdings Plc led the gainers list with a 26.33% change that represents a ₦1.88k appreciation rising from an open of ₦7.14k to a close of ₦9.02k at the close of the week on Friday
Access Bank Launches an Ambitious 5 Year Plan to be Number 1
The Bank is projecting that it will acquire as clients 80 of the 100 largest Corporate Organizations in Nigeria by the Year 2022, raising its current 7m retail customers to 14m and 230k SME Clients to 460k
Fitch: BP, Total Have Rating Headroom if Scrip Dividends Ended
Both BP and Total have more headroom at their current rating than Shell.
We affirmed Shell at ‘AA-‘ with a Negative Outlook after its announcement, as the plan will slow its
deleveraging.
Lafarge secures ₦131.65bn in Right Issue, Plans to Refinance Loan & boost Profits!
“Lafarge’s Rights Issue will help the company to finance working capital and expand operations that will yield better results to shareholders in the form of dividend in the future.”
Guaranty Trust Bank has emerged as Nigeria’s Bank of the Year 2017
“We are transforming our organization into a platform for enriching lives by positioning ourselves at the centre of an extended ecosystem that offers our stakeholders benefits beyond banking,” says Mr Agbaje
Shell Nigeria links Nigeria & Chinese suppliers to develop local content
The Vice Chairman of the Petroleum Association of Nigeria (PETAN) Geoff Onuoha said Nigerian companies were keen to develop partnerships and effective collaborations for better service delivery lauded Shell “for the tenacity and commitment in pioneering a game changing initiative.”
United Capital CEO Oluwatoyin Sanni, wins All Africa Business Leaders Awards (AALBA)
Tonight in the City of Guateng, the financial rich district of Johannesburg, Oluwatoyin Sanni was presented as the Winner of the All Africa Business Leaders Award for Africa for the Year 2017 presented by the Herman Mashaba, the Mayor of Johannesburg in a ceremony that held in Guateng Johannesburg
Adeosun suspends SEC DG on allegations of Abuse of Office
The Honorable Minister of Finance, Kemi Adeosun on Wednesday suspended the Director General of the Securities & Exchange Commission (SEC) Mr. Mounir H. Gwarzo on allegations of financial impropriety
NDIC says Nigerians trading Bitcoin are on their own!
“Digital Currencies is for gamblers. If you want to invest in Bitcoin, you can go ahead for that is what you are.”
Global Spectrum Energy Services listed on the Nigeria Stock Exchange
The Company Stock will be open for trading on Tuesday 28th November 2017 when the main bourse opens at 9am GMT and will be represented by the ticker symbol GSES
Dangote Sugar & Forte Oil led Top Gainer & Loser this week on NSE
Forte Oil led the list of top losers with a depreciation in price of -17.73% opening at ₦48.62 and closing at ₦40.00, an ₦8.62 loss within five consecutive trading days.