Keystone Bank Limited has implemented a performance-based appraisal system that seeks to reward hardworking workers and disengage those whose performance falls below the satisfactory level. The performance model, according to a statement from the Head of Corporate Communication, Mohammed Ciroma, has led to the promotion of 1,000 staff members. This […]
Capital Market
NSE Set to Introduce Index Circuit Breakers
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Tuesday announced its set to introduce a rule titled ”Trading Halts Due to Extraordinary Market Volatility (Index Circuit Breakers)” The NSE said the objective of the Rule is to halt trading in all securities in the event of extraordinary market […]
Fitch Affirms 8 Nigerian Banks Ratings, Downgrades UBN
Fitch Ratings, an international rating agency, Monday affirmed its Long-term Issuer Default Ratings (IDR) on eight Nigerian banks, even as it downgraded Union Bank of Nigeria Plc (UBN). A statement from Fitch listed the banks whose ratings it maintained to include Zenith Bank Plc, First Bank of Nigeria Limited, United […]
