The Best Time to Buy Stocks

Stocks have been popular for decades, and now they can be traded remotely through the Internet. Through a broker in South Africa, one can buy or sell shares effortlessly. Generally, stock trading brings returns based on short-term moves – just like Forex trading. But do any universal rules of timing exist? Day Trading Tips As…

Ecobank Group appoints Alain Nkontchou as chairman

The leading pan-African banking group, Ecobank, has appointed Alain Nkontchou, a Cameroonian and independent non-executive director since 2015, as Board chairman of its holding company, Ecobank Transnational Incorporated (ETI), with effect from June 30, 2020. In accordance with ETI’s Articles of Association, Emmanuel Ikazoboh, a Nigerian, ended his six-year tenure as chairman on June 30,…

Fidelity Bank appoints Chike-Obi chairman as Ebi retires

Fidelity Bank has named Mustafa Chike-Obi to replace Ernest Ebi, its retiring board chairman. Chike-Obi is currently the executive vice chairman at Alpha African Advisory. He has over 40 years of experience in investment banking and the financial services sector, working with reputable global investment banking and asset management firms. He provides overall leadership at…

Access Bank launches *901*911# self-service USSD to curb fraud

Furthering its commitment to safeguard the investments and savings of customers, Access Bank plc, has introduced *901*911#. The USSD code allows customers deactivate their USSD profile once their mobile devices get lost or stolen. This self-service enables users to deactivate their accounts using any alternative phone number, giving account holders full autonomy to safeguard their…

Jaiz Bank reports N636.7m profit in Q1

Jaiz Bank Plc, the premier non-interest (Islamic) bank in Nigeria has reported profit before tax growth of 33.63 per cent in the first quarter of 2020 (N636.7 million), when compared to what was realized in the corresponding period of 2019 (N476.5 million). In the key excerpts from its report and accounts for the period ended…

Abbey Mortgage Announce Retirement of MD/CEO, Chairman

Abbey Mortgage Bank Plc , a leading Financial Institution in the Mortgage sub-sector has announced the retirement of its Chairman and Managing Director/Chief Executive Officer. The Bank’s Chairman’s –  Ifeanyi Boniface Ochonogor has retired from the Bank with effect from 28th February 2020, having served laudably for almost 30 years. During that period, he led…

Union bank re-ignites Nigerian dream in new campaign

As Nigeria marks another milestone in its post-independence journey, Union Bank has demonstrated its faith in the country and her people with the release of an indigenous television production that seeks to rekindle flames of hope. According to the press statement made available to BusinessDay, in a marked departure from the average bank advert which……

AGUSTO & CO. assigns ‘5 star’ ratings to four banks in Nigeria

Nigeria’s first credit rating and research Agency, Agusto & Co. Limited, has launched its 2018 Consumer Digital Banking Satisfaction Index report, which highlights customer’s preferences and attitude towards digital banking platforms provided by banks in Nigeria. This Index was released, following an extensive online and offline consumer survey carried out by Agusto and Co. Limited…