Nneka Onyeali-Ikpe, Miriam Olusanya… female bank MDs shattering the ceiling

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

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 […]

NGX closes mildly negative from mixed trading with market cap at N19.72trn

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 […]

United Bank For Africa Sues Energy Firm, Polaris Bank Over N2.8 Billion

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, […]