Access Bank Plc has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration of its Group Chief Executive Officer/Managing Director, Roosevelt Ogbonna, and […]
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Shareholders Lose N208bn in Aradel Holdings Shares Two Days After Quoting On NGX
Investors in Aradel Holdings Plc, Nigeria’s latest listed company, have incurred a loss of N208 billion just two days after the company’s shares debuted on the Nigerian Exchange Limited (NGX). Aradel’s stock price dropped by 5.85 per cent reducing its market capitalization from N3.562 trillion on Tuesday to N3.354 […]
Access Bank Partners SaltinGTein To Unveil Winbundle Airtime2Win
Access Bank has collaborated with SaltinGTein to introduce the Winbundle Airtime2Win feature on its digital platform, allowing customers to participate in a raffle when purchasing airtime. Through Winbundle Airtime2Win, customers purchasing airtime via *901# will receive 70 per cent of the airtime value, while the remaining 30 per cent […]
NGX Admits Aradel Holdings’ 4.34bn shares Worth N3.05trn
Aradel Holdings Plc, an integrated energy company, listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board. The shares listed at N702.69 per share through a “Listing by Introduction,” boosted the market capitalization of NGX by N3.05trn, marking a significant milestone in the oil and gas sector’s participation […]
Rising Fuel Prices Above N1,000 Per Litre Could Reverse Nigeria’s Inflation Gains- Chukwu
The Managing Director of Cowry Asset Management Limited, Mr. Johnson Chukwu, has highlighted concerns over Nigeria’s inflation outlook, despite a recent decline in the inflation rate to 32.19 per cent in August 2024. Speaking at a third-quarter webinar on Nigeria’s economic landscape, Chukwu attributed the drop in inflation to […]
Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems – Seplat CEO
Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged. The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW) Conference and Exhibition in Cape Town, South Africa. […]
WIW: SEC targets investor education, digital finance
From left; Executive Commissioner Operations, SEC;Mr. Bola Ajomale;Managing Director, AFEX Investment Limited;AFEX Samirah Ade-adebiyi; and Vice President, Financial Market,AFEX; Oluwafunto Olusemo at the Opening Ceremony of the World Investor Week 2024 on Wednesday. The Securities and Exchange Commission (SEC) says it […]
NGX Group Applauds German Government, DEG for Commitment to Sustainability … to Collaboration on Climate Action in Nigeria
Nigerian Exchange Group Plc (NGX Group) has lauded the German Government and its development finance institution, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a subsidiary of KfW Bank, for their unwavering commitment to advancing impact investing in Nigeria. This comes as NGX Group looks to strengthen partnerships aimed at fostering sustainable […]
Stockbrokers Chart Pathway For $1trn Economy
Worried by the inclement operating environment in Nigeria, the Chartered Institute of Stockbrokers (CIS) is set to leverage its members’ strong financial background to identify strategies by which the Nigerian Federal Government can grow the economy to its $1.0 trillion target. Besides, the Institute’s plan to showcase innovative solutions […]
GTCO: CBN Responds to attempts to misinform the banking public and reasserts its role as Apex banking authority
In a strong support for GTCO and move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless and unqualified entities using the media, the Central Bank of Nigeria (CBN), issued a Press Release today reassuring the public that their deposits with Nigerian Banks are […]