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JanEcobank has a Pan African switch, already connected to Pan-African Payment and Settlement System
Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has described the recently launched Pan-African Payment and Settlement System (PAPSS) as a critical enabler for intra Africa trade. Akinwuntan who spoke on Arise TV on the launch of the payment settlement system regulatory framework, emphasized that the new payment method will serve […]
07
DecUAC completes unbundling of 649,392,661 UPDC REIT units to its shareholders
UAC has announced the completion of the unbundling of the Company’s 649,392,661 UPDC REIT units to the shareholders of UAC, effective November 11 2021. Qualifying UAC shareholders have been credited with UPDC REIT units in accordance with the terms of the Scheme of Arrangement. The Scheme was effected by the[…]
07
DecFirst Bank declares N40.79bn profit in Q3 2021
First Bank of Nigeria Holdings on Monday published its audited third quarter for the period ended 30 September 2021. Gross Earnings of N427.397 billion was achieved for the nine months period, down by 2.85% from N439.923 billion recorded the previous year. Profit after tax of N40.791 billion was reported for[…]
07
DecOsinbajo to Headline NGX Capital Market Conference
Nigerian Exchange Limited (NGX) is set to host the Vice President, Federal Republic of Nigeria, His Excellency, Professor Yemi Osinbajo, SAN, GCON, at the inaugural Nigerian Capital Market Conference on Tuesday, 30 November 2021. Themed “The Future Ready Capital Market: Innovating for Nigeria’s Sustainable Recovery”, the flagship Conference will bring[…]
