DANGOTE LISTS N300B SERIES 1 AND 2 LARGEST BONDS ON NGX, FMDQ Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc during a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos. CAPTION: DSC 4701: L-R : Chief Executive Officer of FMDQ, Bola Onadele Koko; Group Managing Director, Dangote Industries Limited, Olakunle Alake and Chief Executive, Stanbic IBTC Capital Ltd, Funso Akere, during the Listing Ceremony of the Dang…
Sterling extends publication date of Annual Statements Sterling Bank Plc, has just announced that it requires a short extension outside the deadline for filing its Annual Financial Statements (AFS) for the year ended 31st December 2022. This was contained in a copy of the bank’s letter to the Nigerian Exchange (NGX) filed on the 29th of March, 2023. Company Secretary and Chief Legal Officer, Ms. Temitayo Adegoke, assured stakeholders and the public that the organisation is diligently working with its auditors, Deloitte, to finalise the AFS b…
Stanbic IBTC Bank Completes First Inbound Commercial Transaction On PAPSS Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has completed the first inbound commercial transaction on the Pan African Payment and Settlement System (PAPSS) in Nigeria, making history. PAPSS is an initiative of the African Union and the AfCFTA Secretariat, designed to provide a secure and efficient payment platform for African businesses, promoting intra-African trade and economic integration by facilitating payments and settlements for cross-bo…
ZENITH BANK RECORDS IMPRESSIVE 24% DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022 Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According to the audited financial results for the 2022 financial year presented to the Nigerian Exchange (NGX), the double-digit growth in gr…
GMW: Polaris Bank, CBN deepen financial literacy among young Nigerians … donates books to libraries of 37 Secondary Schools nationwide Lagos, Nigeria - March 28, 2023: Polaris Bank has continued to deepen its financial advocacy role of educating and inculcating in young Nigerians the culture of savings, investment and financial awareness during the 2023 Global Money Week (GMW) event The week-long activity, which kicked off last Monday, March 20, and ended on Sunday, March 26, 2023, had 'Plan Your Money, Plant Your Future', as its th…
UNIVERSITY OF NIGERIA, NSUKKA HONOURS ZENITH BANK CEO, EBENEZER ONYEAGWU WITH A DOCTORATE DEGREE CAPTION L – R: Vice Chancellor, University of Nigeria, Nsukka, Prof. Charles Arinzechukwu Igwe; Minister of State for Education, Rt. Hon. Goodluck Nanah Opiah; Pro-Chancellor and Chairman of the Governing Council of University of Nigeria, Nsukka, Amb. Bako Sani; Group Managing Director/CEO, Zenith Bank Plc, Dr. Ebenezer Onyeagwu; and Mrs Kachi Onyeagwu during the conferment of the Doctorate Degree in Business Administration on Dr. Onyeagwu by th…
Ecobank Takes “Financial Planning Education” To Schools Lagos, March 27, 2023 – Ecobank Nigeria last week embarked on financial education for Secondary School students across the country on personal financial management including savings, budgeting, and investment being part of activities to commemorate the Global Money Week (GMW). Tutoring the students of Comprehensive School Management and Technology, New Layout, Abakaliki, Ebonyi state, Managing Director, Ecobank Nigeria, Bolaji Lawal, reiterated that “Saving is the act of putti…
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