By Hamisu B. S. The Nigerian Stock Exchange (NSE) has announced the start of the inaugural edition of X-Kathon, the program is an idea innovation challenge organized by the Nigeria Stock Exchange, in order to improve the Nigerian capital market. This edition themed, “Millennials Participation in The Capital Market”, is aimed at enhancing […]
By Daniel Anomietei/Mediacraft Considering how technology has taken over the accounting profession, one major skill required for accountants to prepare for the future is adaptability. This was the viewpoint of David Lyford-Smith, Technical Manager in the Tech Faculty of ICAEW – the Institute of Chartered Accountants in England and Wales at the […]
By Daniel Anomietei/Mediacraft Grown From a Local to Global Brand Plans Press Launch on September 27, 2019. Monday, September 23, 2019. Ten years ago, Verve, a leading payments technology and card scheme business in Africa, was launched by Interswitch Group to reduce, if not eliminate, the burden of cash payment settlement […]
By Daniel Anomietei/ediacraft The 10th edition of the Standard Bank West Africa Investors’ Conference (WAIC) has commenced. The three-day event holding in Lagos, began on Tuesday, 17 September 2019, and will end on Friday, 20 September 2019. The year’s edition is themed: “Prism of Possibilities.” The West Africa Investors’ Conference is […]
By Mustapha Mustafa The emir of Kano, Muhammadu Sanusi ll Wednesday commended President Muhammadu Buhari for forming Economic Advisory Council (EAC). Addressing newsmen at his palace, Sanusi said the president has done the right thing by appointing professional economists who know the nitty gritty of Nigerian economy. According to him, at this time […]
By Daniel Anomietei/Mediacraft “We remain committed to operating to the highest level of corporate governance standards while delivering sustainable long-term value to clients and other stakeholders through world-class innovative operations and our customer-centric approach,” Sanni assured. According to the Chief Executive, the Group’s achievements are an indication that its strategy is delivering on […]
By Daniel Anomietei/Mediacraft As a responsible Nigerian company, Stanbic IBTC Holdings PLC continually seeks to contribute positively to its host communities through Corporate Social Investment (CSI) initiatives which have lasting and meaningful impacts in the areas of health, education and economic empowerment. This Nigerian financial institution seeks to establish community-based partnerships while […]
By Financescape The Nigerian Bureau of Statistics has released the consumer price index report for August 2019. The consumer price index, (CPI) which measures inflation increased by 11.02% (year-on-year) in August 2019. According to the NBS report, This is 0.06% points lower than the rate recorded in July 2019 (11.08%). […]
By Mustapha Hodi The total value of capital importation into Nigeria stood at $5,820.21m in the second quarter of 2019, National Bureau of Statistics has revealed. The report, which was revealed in September represents a decrease of -31.41% compared to Q1 2019 and +5.56% increase compared to the second quarter of 2018. […]
By Mustapha Hodi The Central Bank of Nigeria (CBN) on Tuesday, September 10, 2019, released the Regulation on Electronic Payments and Collections for Public and Private Sectors in Nigeria. Financescape reports that the apex bank has issued the Regulation in the exercise of its powers under the CBN Act, 2007. The 16-page Regulation is […]
By Financescape Further to its announcement on 4 September 2019 and the Expiration Deadline at 5:00 pm (London time) on I1 September 2019, Zenith Bank plc announced the results of its invitation to holders of the 7.375% Notes due 2022 (Regulation S: Common Code: 161983977, ISIN: .361619839779; Rule 144A: Common Code:161984078, ISIN: US98935LAB36, […]
By Hamisu B.S. Shareholders of defunct Afribank Plc can claim their unclaimed dividend, In a statement published on its website, the Securities and Exchange Commission informed shareholders of the defunct Afribank Plc that unclaimed dividends by the bank are being held in trust on their behalf. Investors that have unclaimed dividends are therefore […]
