Tuesday, September 17, 2019
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BDCs prepare for FATF team assessment visit to Nigeria

COMFORT EKELEME

Bureaux De Change (BDC) operators under the auspices of Association of Bureaux De Change Operators of Nigeria (ABCON) has concluded plans for the annual evaluation of the Financial Action Task Force (FATF) team visiting the country soon.

SEC regularizes 3.4bn shares over multiple shareholdings

COMFORT EKELEME

In its efforts to address the issue of unclaimed dividends in the capital market, the Securities and Exchange Commission (SEC) said over 3.4 billion units of shares have been regularized while 2.7 million account holders have been given mandate to receive their dividends through electronic .

Shareholders celebrate Zenith Bank’s shareholders half year results

…Forecast higher dividend at year end

COMFORT EKELEME, Asst Business Editor

Shareholders of Zenith Bank Plc has commended the bank’s 2019 half results saying that the bank’s proposed interim dividend of 30 kobo per share was enough indication of a better end of the year earns per share.

NEITI, Auditor General to forge partnership on data sharing

The Nigeria Extractive Industries Transparency Initiative (NEITI) has pledged to work closely with the Office of the Auditor General of the Federation to promote integrity in data collation, validation and management on revenues from extractive industries.

Fidelity Bank excites shareholders with N15bn half year profit

In line with its commitment to the adoption of innovative digital technology to drive its retail strategy, reduce cost and improve revenue and returns, Fidelity Bank has signed a Memorandum of Understanding with Open Technology Foundation (OTF) for the adoption of a standard Application Programming Interface (API) for its operations as a financial institution.

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