NSE Highlights Capital Market as Viable Funding Source for SMEs
In recognition of SMEs as critical agents of economic development and transformation in Nigeria, the Nigerian Stock Exchange (NSE or The Exchange) continues to support the growth and development of small businesses in Nigeria. The most recent of these efforts…
NSE, IFC to Host CEO Roundtable on Gender Equality
Lagos, January 28, 2021. The Nigerian Stock Exchange (NSE or The Exchange) in partnership with the International Finance Corporation (IFC) will host a workshop to promote gender equality among listed companies on Tuesday, 2 February 2021. The virtual event will…
Unilever’s published Q4-20, 2020FY show significant revenue growth
UNILEVER published its Q4-20 and 2020FY unaudited results after market close on Friday (22 January) with revised 2019 numbers. EPS turned positive in Q4-20 standalone, printing NGN0.08 (Q4-19: -NGN0.83) following significant revenue growth, gross margin expansion and lower operating expenses….
AFF to drive innovation, techpreneuers’ with 2021 Accelerator scheme
Africa’s foremost innovation hub, the Africa Fintech Foundry (AFF), has opened up its registration portal for the2021 Accelerator program. The initiative, which is being executed in partnership with Access Bank Plc, seeks to fast-track the growth of the best start-ups…
AfDB, European Investment Bank sign deal to fast-track development in Africa
The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in…
UBA’s LEO: Reliving 3 years of new idea in banking services
Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so…
Ecobank Nigeria warns customers’ of rising banking scam alerts
In a recent email message sent to all customers of Ecobank Nigeria, it warned that “There has been a visible increase in the number of fraudulent attempts by unauthorised individuals to gain access to customers’ accounts within the banking industry….
Adesina receives Award for Africa Free Trade Agreement support
African Development Bank (AfDB) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA) process. The AfCFTA, the largest free trade area in…
CBN releases framework for safety, stability of financial system
The Central Bank of Nigeria (CBN) has released the Framework for Regulatory Sandbox Operations, to ensure the safety and stability of the Nigerian Financial System. The apex bank also is working to promote the use and adoption of electronic payments…
NPNEN sees crisis in CBN’s export procedures
The Network of Practicing Non-oil Exporters of Nigeria (NPNEN), has observed that the electronic Nigeria Export Proceed Form being required by the bank from exporters had come with enormous bottlenecks. The President, NPNEN, Ahmed Rabiu, said in a statement issued…
