The currency has not moved significantly in the last few weeks. Naira fell slightly against the U.S. dollar at the official market on Monday, extending its depreciation at the spot market segment to a second day. Data posted by the Central…
Autogas: FG to convert 200,000 vehicles, plans 580 refueling centres
• Promises 50% infrastructural support to oil marketers The Federal Government on Monday met with oil marketers in the downstream sector to perfect plans for the full deployment of autogas in filling stations and the conversion of 200,000 commercial vehicles…
Cautious trading plunges market indices in red as investors lose N12bn
Transactions at the Nigerian Exchange (NGX) Limited started the new trading week in the negative territory as the value of 26 stocks depreciated on account of cautious trading by investors. The market had gained 3.38 per cent with investors gaining about…
FIRSTBANK REWARDS CUSTOMERS IN TRANSACT AND WIN PROMO
Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First…
Zenith Bank: Leading with Investors’ Confidence
Zenith Bank Plc emerged as the most capitalised bank on the Nigeria Exchange Limited (NGX), leading the banking sector with market capitalisation of N789.6 billion at the end of 2021. The above feat was occasioned by rising investors’ confidence in…
Anticipated dividends push index by 1.37% despite three-day losses
Anticipation of improved full-year 2021 earnings and dividend declarations triggered bargain-hunting in the equities segment of Nigeria’s capital market last week, as sentiments remained bullish, pushing the All-share index and market capitalisation by 1.37 per cent to close at 44,454.67…
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2022, SETS THE TONE FOR DELIBERATIONS ON CONTINUED ECONOMIC RECOVERY AND BUSINESS IMPACT
Lagos, Tuesday, 11 January 2022. First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends that shaped 2021, whilst forecasting the economic…
Wema Bank leader in SME financing, says KPMG
The support of Wema Bank Plc for small and medium enterprises (SMEs) has been recognised in the 2021 KPMG Nigeria Banking Industry Customer Experience Survey. The report ranked Wema Bank as number three in SME banking, three places higher than…
Power generation drops as vandals ground 504MW plant
The Niger Delta Power Holding Company on Monday announced the shutdown of its 504 megawatts Alaoji Power Plant following the vandalism of a part of the Northern Option Pipeline that supplies gas to the power plant. The NDPHC announced this…
ADEDUNTAN: FIRSTBANK IS RESILIENT, STABLE AND BUILT FOR THE LONG HAUL
The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, last year saw his tenure extended as part of efforts to ensure the stability of the financial institution. In this interview with THISDAY, he speaks about the…