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Interswitch Limited Completes N23 Billion Bond Placement

October 28, 2019 admin

By Daniel Anomietei/Mediacraft Following the registration of a N30 billion debt issuance programme (the “Programme”) with the Securities and Exchange Commission of Nigeria (“SEC”), Interswitch Limited (the “Sponsor” or “Interswitch”), a leading technology-driven company focused on the digitisation of payments in Nigeria and other African countries, has successfully concluded a N23 billion Series […]

CBN AND BANKING CHARGES IN NIGERIA – A Regulator gone Rogue?

September 20, 2019 admin

By Dr Charles Omole FIRST A GLOBAL PERSPECTIVE The exploitation of customers by their banks is a global phenomenon. In the USA, 6.5 percent of households are unbanked, meaning they don’t have a bank account at all. Half of those affected report it’s because the fees are too expensive. JPMorgan Chase, for […]

Traders Take Profit on Nigerian Eurobonds Ahead of US FED Rate Decision

Tips for financing children education

September 13, 2019

By Financescape As schools resume from a long vacation in a few days to come, this is the time parents make a top financial decision as regards the school expenses of their children. As most parents prefer to take their children to private schools for a more qualitative education, the cost of […]

More NSE listed companies announced their close period ahead of release of Q3 2019 financial result

October 3, 2019

By Financescape In compliance with the post-listing requirements of the Nigerian Stock Exchange for quoted companies, many companies have declared dates for a Board meeting to consider Accounts and Financial Statements for the Third Quarter ended September 30, 2019, and the commencement of the closed period for trading on their shares. […]

UNITED BANK FOR AFRICA PLC issued Notice for Board meeting and closed period

UACN Property Development Company Plc – Submit application to NSE for approval and listing of Rights Issue shares

NPF Microfinance Bank Plc – Proposed Rights Issue

Stanbic IBTC update Shareholders On H1 2019 Scrip Dividend Issue

Stanbic IBTC Bank declared PAT of N36,245 million and N1 interim dividend for half-year 2019

August 28, 2019

By Financescape Stanbic IBTC Bank plc one of the tier-one lenders in Nigeria has released its Half-year financial statement for the period ended June 30, 2019. The group’s gross earnings increased by 2.77% to N 117,374 million from N114,207million in the corresponding period in 2018. Net interest income […]