download (3) As elusive as the quest by Nigerian women to achieve gender parity in all spheres of life may seem many women are holding their own in their chosen fields of endeavour. In this report, ENE OSHABA celebrates six Nigerian women leading in the banking industry even as more strive to break the proverbial […]
Tag: XNSA_FIDELITYBK
Ecobank, GCB Bank control quarter of industry deposit in 2020
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 […]
In Paradigm Shift, Women Take Over Banking Sector
•With 27% female CEOs, banks make great leap in sustainable principles The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. […]
Ecobank, GCB Bank control quarter of industry deposit in 2020
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 […]
Nneka Onyeali-Ikpe, Miriam Olusanya… female bank MDs shattering the ceiling
The banking sector is presently witnessing an increase in the number of female managing directors/chief executive officers. Over the years, these remarkable women climbed the career ladder to get to the top after starting at the bottom. With dint of hard work, consistency, dedication and ambition, they successfully changed the narrative, breaking the proverbial glass […]
Stock Market Capitalisation Closes At N20.027trn
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 […]
Stocks rise for fourth straight day, gain N314.2bn
The market capitalisation of equities listed on the Nigerian Exchange Limited rose on Wednesday for the fourth straight trading day, gaining a total of N314.20bn. At the end of trading on the floor of the NGX on Wednesday, the All-Share Index increased by 0.22 per cent to 38,418.04 basis points from 38,418.04 on Tuesday. The […]
NGX closes mildly negative from mixed trading with market cap at N19.72trn
The Nigerian equities market closed mildly negative on Tuesday after recording a bearish outing in the previous trading session, leaving the benchmark index down by 0.002 percent on 37,857.24 points while market capitalisation and its year to date loss remain unchanged at N19.72 trillion and -6.0 percent, respectively. Just as was recorded at the opening […]
Stock Exchange reviews market indices
The Nigerian Exchange (NGX) Limited has reviewed its sectoral market indices in order to reflect current trends at the stock market. The half-year review led to the entry and exit of some companies from several indices effective July 1, 2021. The Exchange explained that the indices were developed to allow investors to follow market movements […]
United Bank For Africa Sues Energy Firm, Polaris Bank Over N2.8 Billion
A Federal High Court sitting in Lagos has restrained Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank from tampering, howsoever, with funds standing to their credit up to $6,759,000 (about N2.8 billion) or its equivalent in any currency in 25 banks, the Debt Management Office and Federal Ministry of Finance. Justice Daniel Osiaigor, […]