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Heritage Bank registers farmers in 14 states with LCFE for N41bn wheat disbursement project

December 6, 2021/Heritage Bank Plc Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project. The Bank, however, will register the wheat farmers with the Lagos […]

GCR Upgrades Leadway Assurance’s Financial Strength Rating to “AA”

November 23, 2021/Modion Communications GCR Ratings, a leading African rating agency, has upgraded Leadway Assurance Company Limited’s national scale financial strength rating to AA(NG) from AA-(NG), the second-highest financial credit rating, in their October 2021 Report.  This rating indicates Leadway Assurance’s superior capacity to meet financial commitments and obligations in […]

MIDDAY UPDATE: Nigerian Stocks Head Southward -0.03% Dragged by Banking Counters

November 23, 2021/InvestmentOne Update ASI as at 12.00pm: -0.03% Market movers: MANSARD (-5.53%), ETI (-5.17%), HONYFLOUR (+9.95%) and FLOURMILL (+5.98%). Sector Performances: Banking (-0.11%), Consumer Goods (+0.15%), Industrial and Oil and Gas Market activity: In today’s trade, total volume and value decreased by 50% and 52% respectively, compared to this time yesterday, as investors have traded about 66million units of shares worth N827 million. FBNH (-1.22%) is the most […]