AELP Link to Boost Trading Between NGX, Other African Exchanges
Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities Exchanges are working together in the…
Transcorp Plc ½ year report Shows Powerful Growth as Profit Leaps by 713%
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit…
Heritage Bank hailed for supporting Ibadan Golf Club
Heritage Bank Plc has been commended for its continued supports to Nigeria’s sports’ sector, especially backing the Ibadan Golf Club’s 30th anniversary event. The event that attracted dignitaries and stakeholders from various parastatals also had the presence of the Governor…
Mobile Payment Operators boss joins Aspen leaders’ fellowship
The Association of Licensed Mobile Payment Operators (ALMPO) weekend, announced that its chairman, Jay Alabraba has been selected to join the Aspen Institute’s Finance Leaders Fellowship. Alabraba will join a diverse class of leaders from across the global finance industry….
Fidelity Bank deepening technological innovations to lead peers
In view of the disruption caused by the Covid-19 pandemic, Nigerian Banks are finding that innovation is a critical requirement for survival even in the short term. This is especially germane given the new vista opened by digital banking solutions…
Stanbic IBTC gives tips On Investing in Uncertain Times
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, recently organised a webinar themed ‘Investing in Uncertain Times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series. The session featured Fadekemi Obasanya, Head Investment Management and Ekene…
At last, CBN succumbs, plans to rollout Digital Currency Oct. 1
After its initial denials and bans on digital currency trading and operations in the country, the Central Bank of Nigeria (CBN) Thursday disclosed that its much-anticipated digital currency will be launched on October 1. CBN Director, IT Department, Mrs. Rakiya…
Market formation framework key to optimally develop solid mineral sector- Sekibo
Managing Director and Chief Executive Officer of Heritage Bank Plc, Mr Ifie Sekibo has said that market formation framework is the key to optimally exploit Nigeria’s precious metal and solid minerals endowments. He disclosed this during a webinar organised by…
Unilever Plc reports profit after tax of NGN1.21bn
UNILEVER published Q2-21 unaudited financials after the market’s close on Friday (16th June), reporting a profit after tax of NGN1.21 billion – the highest since Q2-19. The performance was underpinned by the solid topline growth (+40.8% y/y) and an increase…
Access Bank unveils unique experience centre termed AccessX
As part of its effort to demonstrate the best of innovative solutions through self-service banking, Access Bank Plc has launched AccessX that it termed an experience centre. The bank explained that the experience centre is a one-stop technology hub where…