The Big Story articles

The Frontiers of the Nigerian Financial Market Expected to Grow Exponentially – NSE 1st Vice President

The Frontiers of the Nigerian Financial Market Expected to Grow Exponentially – NSE 1st Vice President

Alex Ekemenah Lagos, Nigeria – The 1st Vice President of the Nigerian Stock Exchange, Mr. Abimbola Ogunbanjo, has declared that the frontiers of the Nigerian financial market are expected to grow exponentially due to enhanced liquidity arising from the development of new and intricate financial instruments. He made this declaration in a keynote address delivered




Acting President Yemi Osinbajo Signs 2017 Appropriation Bill

Alex Ekemenah Professor Yemi Osinbajo signing the 2017 Appropriate Budget at about 4:40 p.m. on Monday, June 12, 2017 inside the conference room at Aso Rock in the presence of the Chief of Staff to President Muhammadu Buhari, Abba Kyari; Senate President, Bukola Saraki, Speaker of the House of Representatives, Yakubu Dogara, Ministers and other




Heirs Holdings Appoints Director of Marketing and Corporate Communications

Alex Ekemenah Lagos, June 12, 2017 – Heirs Holdings has announced the appointment of Pelumi Fadairo as Director of Marketing and Corporate Communications. Fadairo will be responsible for driving the Group’s strategic marketing objectives and coordinating brand management of its rapidly growing portfolio of pan-African investments in the power, financial services, oil and gas, hospitality




UBA Partners Naija Green Card

Alex Ekemenah United Bank for Africa (UBA) Group, one of the top-five banking groups in Nigeria yesterday entered into partnership with Naija Green Card to launch Naija Green Card Prepaid Card in an effort to enhance e-payment facilities in the country across its broad spectrum of payment system. The ceremony took place at the UBA




Nigerian Stock Weekly Report for June 2nd, 2017

It was a four-day trading week as the Federal Government of Nigeria declared Monday 29th May, 2017 as Public Holiday to mark the 2017 Democracy Day Celebration. Meanwhile, a total turnover of 2.319 billion shares worth N23.813 billion in 22,310 deals were traded this week by investors on the floor of the Exchange in contrast




Nigerian Stock Exchange Launches X-Academy

Alex Ekemenah LAGOS, NIGERIA – X-Academy, a knowledge platform for financial literacy and education for both the issuers and investors in the Nigeria capital market was launched today at the corporate headquarters of the Nigerian Stock Exchange. Launching the new innovative Academy, the Chief Executive Officer of the Nigerian Stock Exchange, Mr. Oscar Onyema said




NDIC Academy to Lead Africa in Human Capacity Building

Alex Ekemenah With the increasing complexity and demand for highly competent manpower for the banking industry and especially the deposit insurance sector, the Nigeria Deposit Insurance Corporation (NDIC) has set out to lead the African sub-region in enhancing capacity building and bridging skills gaps in the banking industry in general and the Deposit Insurance Scheme




Special Report: AMCON Is Not Set Up To Make Profit – Ahmed Kuru

Alex Ekemenah “AMCON is not set up to make profit!” “We don’t inject money into business anymore!’” “We don’t buy (bad/toxic) loans anymore!” The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, made the above disclosures as part of his extensive briefing of the press on Friday, May 26, 2017, in




Senate passes petroleum industry governance bill

Alex Ekemenah The Nigerian Senate, today Thursday, May 25, 2017, after more than 10 years of introducing and submitting the Bill to the Senate, lobbying, controversies and arms-twisting, has finally passed the Petroleum Industry Governance Bill, which seeks to reform the nation’s oil and gas industry. The PIGB is the first of four bills that




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