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      December 23, 2017
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Category: Companies

NIBSS Launches Technology to Clear Cheques in Hours

Companies, FINTECH December 10, 2017 Kelvin Emmanuel 0 Comments

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

FBN Holdings, Fidelity & Zenith Banks Top Total Volumes Traded

Companies, Sector December 8, 2017December 8, 2017 Kelvin Emmanuel 0 Comments

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

Companies, Sector December 8, 2017December 8, 2017 Kelvin Emmanuel 0 Comments

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

Companies, Crude Oil December 8, 2017December 8, 2017 Kelvin Emmanuel 0 Comments

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!

Companies, Industry December 4, 2017December 4, 2017 Kelvin Emmanuel 0 Comments

“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

Companies, Sector December 4, 2017December 4, 2017 Kelvin Emmanuel 0 Comments

“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

Companies, Industry December 4, 2017 Kelvin Emmanuel 0 Comments

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)

Companies, Executive Journal November 30, 2017 Kelvin Emmanuel 0 Comments

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

Industry, Market November 29, 2017 Kelvin Emmanuel 0 Comments

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!

FINTECH, International, Market November 27, 2017 Kelvin Emmanuel 0 Comments

“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

Companies, Market November 27, 2017November 27, 2017 Kelvin Emmanuel 0 Comments

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

Companies, Market November 24, 2017 Kelvin Emmanuel 0 Comments

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.

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Key Indicators

TICKER VALUE
CPI
15.98%
BRENT
63.84($)
CAR/CRR
10/15%
JOB RATE
14.2%
INTEREST RATE 14%
ALL SHARE INDEX 37,120.28
WEALTH FUND
3.1BN($)
EXCHANGE RATE 359/361
EXTERNAL DEBT
15.047BN($)
CREDIT RATING
B2
Q3 FDI CAPITAL
891.25M($)

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