If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image below. List of shareholders in MTN as at May 2019. Shareholders …
Access Bank, GTB and 48 other companies declare N578.114bn dividends
Fifty companies, including financial institutions that have held their Annual General Meetings (AGM) for the 2018 financial year, have so far declared a total of N578.114 billion dividends for payment…
N649b Paris Club refund ready for states to share
Minimum wage finance in the works, •NYSC allowance rises to N30,000 States are to share N649 billion – the final tranche of the Paris Club Refund. But debtor-states will have to settle their debts soo…
Federal Government offers fresh N100bn bonds for subscription
In a circular made available to the public, the Debt Management Office (DMO), yesterday, disclosed that it has been authorised to receive applications for Federal Government’s fresh N100 billion worth…
Market Update: Nigerian Eurobonds find support as oil steadies above $70pb
Welcome once again to the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, Bonds, FX rates, inflation, oil …
Stanbic IBTC Bank fined N2 billion for violating CBN guidelines, other offences
The management of Stanbic IBTC was fined about N2 billion for violating the guidelines of the Central Bank of Nigeria, CBN, and committing other sundry offences in 2018. Details of the fines are conta…
FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; spearheads the Financial Inclusion drive by the Central Bank of Nigeria.
Press Release 8 May 2019 Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative tran…
Access Bank agrees to pay off $200m bond issued by Diamond
Access Bank has agreed that it would pay off a $200 million Eurobond issued by Diamond Bank in 2014. Diamond Bank had attempted to raise between $300 million and $350 million at the time to meet its f…
Zenith Bank Reaffirms N0.00 Account Opening Balance for Current, Savings and Other Accounts
Zenith Bank Plc, the largest bank in Nigeria by tier-1 capital and the foremost provider of financial services to multinationals, corporates and SMES in the country, has affirmed its commitment to acc…
This is what you get if you buy the May 2019 FGN Savings Bond
The Debt Management Office (DMO) has released details for the May 2019 FGN Savings Bond offer. Here are the details: How much can I buy? ₦1,000 per unit, subject to a minimum subscription of ₦5,000 an…