Culled—-Proshare October 27, 2016/Punch Shareholders of Jaiz Bank Plc, Nigeria’s first non-interest bank, on Wednesday unanimously voted its shares to be listed and traded on the floor of the Nigerian Stock Exchange (NSE). According to the bank, this will open opportunities for individuals who desire to own shares in the […]
Updates
IMF Approves Modifications Method of Collecting Exchange Rates for Calculation of Value of SDR
October 26, 2016/IMF The Executive Board of the International Monetary Fund (IMF) approved on October 26, 2016 technical modifications to the methods for collecting the exchange rates used in the daily valuation of the SDR [see link to the Board paper]. The Board decision was taken on a lapse-of-time basis.[1] […]
FBN Holdings Total Assets Hits N5.1 Trillion up 21.6%
October 26, 2016/FBN Holdings Plc FBN Holdings Plc. (“FBNH” or “FBN Holdings” or the “Group”) today announces its unaudited results for the ninemonths ended 30September 2016. Income Statement Gross earnings of N3 billion, up 7.0% year-on-year(y-o-y) (Sept 2015: N390.0 billion) Net-interest income of N9 billion, up 5.2% y-o-y(Sept 2015: N192.9 […]
