Dar es Salaam — The productive sector will soon find it easy to access bank loans as the Bank of Tanzania (BoT) issues new measures intended to reduce interest rates on loans and promote credit intermediation. The measures were well received by bankers yesterday as soon as the central bank officially announced them. Those who […]
Negative sentiments continued on the nation’s bourse on Wednesday with the market capitlisation dropping further by N6 billion following sell pressure of some blue chips. Speficially, the market capitalisation lost N6 billion or 0.03 per cent to close at N20.210 trillion compared with N20.216 trillion achieved on Tuesday. In the same vein, the All-Share Index […]
Ecobank Ghana and GCB Bank continued to show their dominance in the banking industry, controlling almost a quarter of the industry’s deposits in 2020. They controlled about 23.9 per cent of the banking industry market share in terms of deposits in 2020. According to research analysis by investment firm; Tesah Capital, Zenith Bank was the […]
Herbert Wigwe addressing staff during the awards Access Bank has held its prestigious Group-wide annual Chief Executive Officer (CEO) Awards to celebrate the achievement and commitment of its staff. Held virtually across its African subsidiaries, the awards celebrated employees who demonstrated a commitment to the pursuit of excellence and level of performance that exceeds the […]
The cast of All Walks of Life After a thrilling first season of 10 episodes, the Access Bank online TV series “All Walks of Life” is returning for a second season starting at 9:01pm on July 2, 2021. The series, which airs on the YouTube channel of the Bank, will witness some new faces such […]
Ecobank Ghana and GCB Bank continued to show their dominance in the banking industry, controlling almost a quarter of the industry’s deposits in 2020. They controlled about 23.9 per cent of the banking industry market share in terms of deposits in 2020. According to research analysis by investment firm; Tesah Capital, Zenith Bank was the […]
The Nigerian stock market gained N290bn at the end of trading last week as the All-Share Index of the Nigerian Exchange Limited rose by 1.48 per cent to 38,212.01 basis points. The market capitalisation increased to N19.92tn on Friday from N19.63tn the previous week. According to Cordros Research, buying interest in Nestle Nigeria Plc and […]
The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis points compared to 38,469.87 the previous week. Tier-one banks, including Access Bank Plc, United Bank for Africa Plc and […]
Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend yesterday, pushing the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 absolute points, representing an increase of 0.52 per cent to close at 38,418.04 points. Similarly, the overall market capitalisation value gained N104 billion […]
Capital market. Photo: SHUTTERSTOCK The capital market closed trading for the First Half (H1) yesterday, in an upbeat as price gains outweighed losses, leading to an appreciation in the market capitalisation by N139 billion. At the close of trading, the all-share index (ASI) grew by 266.53 absolute points, representing an increase of 0.71 per cent […]
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