UBA partners with Cellulant to expand reach into 19 markets across Africa(Cellulant.io) have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya,…
At the end of Thursday’s trading session, Seplat Energy Plc’s share price depreciated by 3.13% to close at N930 per share, taking the market capitalization to N547.25 billion. The decline in share prices which was recorded by the petroleum energy…
The Federal Competition and Consumer Protection Commission (FCCPC) as part of its wide-ranging orders against unlicensed and illegal online money lending banks, has directed them to stop compounding interest and loan collection practices that are presently undergoing investigations. This disclosure…
Bullish sentiment returned to the Nigerian stock market on Wednesday following investors’ interest in First Bank, PZ, AIICO, Unity Bank and NGX Group, which ensured the first gain of the week. Specifically, the market capitalisation garnered N12 billion or 0.05…
United Capital Plc on wednesday announced the appointment of Mr. Leke Ogunlewe and the resignation of Mr. Adim Jibunoh from the Board of the company. This was disclosed through a notice filed with the Exchange and signed by the company’s…
By Seth Akande The Federal Competition and Consumer Protection Commission (FCCPC), is set to establish efficient regulatory structures for online lenders operators in Nigeria. Recall that a court order was given to Federal Competition and Consumer Protection (FCCPC) to pause…
At the end of yesterday’s trading session, MTNN Plc share price depreciated by 0.49 per cent to close at N205 per share, taking the market capitalisation to N4.17 trillion. The telecommunications company recorded decline in share prices which can be…
By Philemon Adedeji The stock market on the Nigerian exchange Limited (NGX), closed trading yesterday on negative note amidst sell-offs and buy-interests as the benchmark All Share Index depreciated by huge 87.81 basis points. Similarly, the NGX ASI largely decreased…
FMDQ Securities Exchange Limited has admitted the quotation of the United Capital PLC’s N12.48 billion Series 8 Commercial Paper (CP) under its N50.00 billion CP Issuance Programme on its platform. The development follows the admission of twenty-one (21) Commercial Papers…
The President, Chartered Institute of Stockbrokers (CIS), Mr. Olatunde Amolegbe, has urged parents to inculcate culture of savings in their children in order to build a new generation of investors. Amolegbe, who advocated financial literacy for children, also unfolded an…
