Monthly Archives: February 2018

MTN eyes $5.2bn NSE listing in July

Stanley Opara with agency report MTN Group plans to list its Nigerian unit worth $5.23bn by July in a debut Initial Public Offer on the

Manufacturing index hit 56.3 points in February – CBN

The Central Bank of Nigeria’s manufacturing Purchasing Managers’ Index hit 56.3 index points in February, the CBN’s PMI survey report showed on Wednesday.  The manufacturing

SEC’s free e-dividend registration ends

Stanley Opara The free e-Dividend registration exercise for shareholders of publicly-quoted companies in Nigeria has finally ended. The apex regulator of the Nigerian capital market,

Afreximbank to sell shares in Nigeria, two others

Stanley Opara with agency report African Export-Import Bank has moved to sell shares in Nigeria and two other African countries to support lending and broaden

139 winners emerge in Sterling Bank promo

More winners have emerged in the second draw of Sterling Bank Plc’s 1dament promo introduced to reward new and existing customers of the bank. The

Stocks rebound as market appreciates by N370bn

Stanley Opara The Nigerian stock market returned to gains on Wednesday after the Nigerian Stock Exchange equities capitalisation rose by N370bn following renewed interest in

FCMB certified as ‘a great place to work’

First City Monument Bank says it has been certified as a great place to work by the independent analysts at Great Place to Work Institute,

Access Bank pledges loan support to farmers, others

Olufemi Atoyebi, Ibadan Access Bank Plc on Tuesday held a breakfast meeting with farmers and stakeholders in other sectors of the economy in Ibadan with

Banks, FinTechs’ collaboration’ll become competition– Agbaje

Oyetunji Abioye The Managing Director of Guaranty Trust Bank Plc, Mr. Segun Agbaje, says the current collaboration between banks and financial technology firms will become

Ecobank partners Facebook, MasterCard to enhance digital payments

Oyetunji Abioye Ecobank Transnational Incorporated has entered into a strategic partnership with Facebook and MasterCard to deliver digital payments to small businesses via the Facebook

Bearish sentiment clouds T-bills space

Stanley Opara Bearish sentiment characterised the secondary market for Treasury bills, as all tenors recorded yield gains, with the six-month gaining by 0.22 per cent

CBN appoints inspection agents for non-oil exports

The Central Bank of Nigeria (CBN) yesterday announced the appointment of Pre-shipment Inspection Agents (PIAs). The appointed agents already approved by

GTBank seeks collaboration with FinTechs


The Managing Director Guaranty Trust Bank (GTBank) Plc, Segun Agbaje has said banks and Financial Technology (FinTechs) need to partner to

Dumping of Dangote Cement, Zenith Bank’s shares drags market down

Stanley Opara Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote