United Bank for Africa

Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.

The United Bank for Africa Plc (UBA), a pan-African financial services group, on Tuesday announced the appointments of Mr Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors.

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.

Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.

President Muhammadu Buhari has appointed Alwan Hassan as the new acting managing director for the Bank of Agriculture.

The private sector Coalition Against COVID-19 (CACOVID) yesterday strengthened the fight against the scourge with the handover of fully equipped isolation centre in Port Harcourt, Rivers State and donation of beds & accessories in Enugu, Enugu State.

Disbursements of the COVID-19 funds domiciled with the Central Bank of Nigeria (CBN) and commercial banks will be after appropriation by the National Assembly.

On 17th April, 2020, my world came crashing down and my heart shattered into a billion pieces. Upon receiving the news of my father’s passing, I immediately felt the most excruciating pain – a pain I would not wish on my worst enemy. My biggest fear in the world had materialised.

The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown.

The Spokesman of CBN, Isaac Okorafor in a statement said a special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.

The Nigerian Stock Exchange (NSE) recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.

Nigeria’s central bank has collected 1.4 trillion naira ($3.9 billion) from banks with excess cash holdings as part of measures to support the currency, banking sources told Reuters.

A nephew and confidant of the President, Mamman Daura, has revealed that during the run-up to the 1999 Presidential election, Abba Kyari was among those considered for the position of running mate to Gen. Olusegun Obasanjo who was the Presidential candidate of the Peoples Democratic Party.

The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5 percent year-on-year growth in profit before tax in the first three months of 2020, to N32.7 billion compared with N30.2 billion recorded in the first quarter of 2019.

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by N152 billion, amid sell pressure in 27 stocks.

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent.Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent.

Bayelsa State Government is yet to commence the distribution of donations from corporate bodies and individuals, to cushion the effect of the stay-at-home directive imposed to check the spread of the coronavirus pandemic.

A member of the House of Representatives from Niger State has stated that he and many other colleagues were coerced into donating two months salaries to the fight against COVID-19.