22 results
- 4 May 2014
Access Bank Plans $1Bn Capital Upgrade
ACCESS Bank Plc has unveiled plans to shore up its capital base to the tune of $1 billion, as the shareholders, at the 25 yearly general meeting, in Lagos, approved the proposal. The fund raising,…
- 24 May 2015
CBN Grants Kakawa Discount House Merchant Banking licence
Central Bank of Nigeria (CBN) has approved a merchant banking licence for First Bank Nigeria Holdings Plc, through its subsidiary, the Kakawa Discount House Ltd. Mr. Bello Maccido, FBN Holdings group…
- 31 Jul 2023
Fidelity Bank Stock Upgrade Excites Investors
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Mrs. Nneka Onyeali-Ikpe, MD/CEO,…
- 11 Feb 2019
Operators Worry over Sick Banks, Proffer Solutions
Capital market operators have urged the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to map out strategies to manage ailing banks rather than outright…
- 31 Aug 2018
CBN Says Savannah Bank Depositors Will Soon Get Their Funds
Central Bank of Nigeria (CBN) said it is making efforts to ensure that depositors of the Savannah Bank get their hanging fund.’ The apex bank also said that it is working to ensure that issues…
- 24 May 2023
Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the…
- 17 Feb 2019
Why NDIC Shut Down Fortis MFB
Nigeria Deposit Insurance Corporation (NDIC) has said that the liquidation of the Fortis Micro Finance Bank was the last option in the series of interventions taken by the supervisory authorities.…
- 21 May 2020
Sterling Bank Grows Shareholders’ Fund by 22.3%
Shareholders of Sterling Bank Plc have commended its financial performance and dividend payout for the financial year ended December 31, 2019 as the bank’s shareholders’ fund grew by 22.3 percent to…
- 4 Oct 2018
Polaris Bank, Former Skye Bank Dead on Arrival- Analysts
The withdrawal of the operating license of Skye Bank Plc by the Central Bank of Nigeria (CBN) late September 2018 has continued to generate reactions from experts, analysts and observers. …
- 23 Dec 2020
ISAN Kicks against Unclaimed Dividend Trust Tund
Shareholders have said that the creation of unclaimed Dividend Trust Fund and transfer of the unclaimed dividends into the Federation Account will encourage corruption and nepotism to the detriment…
- 29 Apr 2020
UBA Delivers Impressive RoI, as Shareholders Applaud Bank’s Support in Fight against COVID-19
United Bank for Africa Plc (UBA), leading African financial institution, held its Annual General Meeting virtually by proxy yesterday– a first in UBA’s seventy-one year history. The meeting, which…
- 11 Jun 2013
Shareholders Commend UBA Management for 2012 Financial Performance
Shareholders of United Bank for Africa (UBA) Plc have commended the board and management for the Bank's sterling performance and dividend payment to investors during the financial year ended December…
- 19 Jul 2010
Third BOI Board of Directors Inaugurated
The Federal Ministry for Commerce and Industry has inaugurated the third Board of Directors of the Bank of Industry (BOI) Limited towards priming the bank for the strategic role it has to play in the…
- 15 Dec 2019
Task of Advancing ICT Industry, a Collective Responsibility – Pantami
Dr. Isa Ali Pantami, minister of Communications and Digital Economy has declared that the onerous task of expanding the frontiers of growth in the Information and Communication Technology (ICT)…
- 10 Feb 2025
Fidelity Bank Gets Shareholders’ Approval to Increase Share Capital
Fidelity Bank Plc has secured shareholders’ approval to proceed with the second phase of its capital-raising initiatives, following the successful completion of the first phase, which saw its Public…
- 21 Mar 2021
MTN Having Difficulties Repatriating over N106Bn Profit from Nigeria- CEO
MTN group has said that it is yet to repatriate over N106bn about R4.2bn (south African currency) profits made from Nigeria back to South Africa due to the challenge of accessing foreign currency.…
- 11 Jan 2026
FG Plans to Invest $460m World Bank Loan in Fibre Infrastructure
Federal Government plans to channel $460m World bank loan, representing about 92 per cent of a $500m, into the proposed fibre infrastructure company set up to deploy 90,000 kilometres of…
- 30 Apr 2026
Guinness Nigeria Celebrates 76 Years of Brewing Greatness
Guinness Nigeria Plc is set to mark 76 years of operations on April 29, a milestone for one of the country's most enduring corporate institutions and widely regarded as Nigeria's foremost total…
- 5 Jul 2024
Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report
In demonstration of its leadership in the Sustainability space, leading financial institution – Fidelity Bank Plc – has emerged the first bank to publish its 2023 ISSB-Compliant Sustainability and…
- 22 Jan 2019
Companies And Allied Matters Bill Passes Third Reading At the House Of Representatives
The Companies Allied Matters (CAM) Bill has passed the third reading at the Federal House of Representatives. Dr Jumoke Oduwole, SSA Industry, Trade & Investment to the President (OVP) in a…
- 23 Oct 2020
Data, Mobile Money Revenues Buoy Airtel Africa Half-Year Result
Shareholders of Airtel Africa will receive an interim dividend of $1.5¢ (one and a half cents of the US dollar) per share for the half-year ended September 30, 2020, the board of the telco has…
- 27 Jan 2014
NEXIM Bank Bags Best Performing African DFI
The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank (NEXIM) as ‘Best Performing African DFI.’ The decision was an outcome of the ‘2013…