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Fidelity Launches Apprenticeship Support Initiative For Women

Fidelity Launches Apprenticeship Support Initiative For Women Fidelity Bank Plc has launched an Apprenticeship Support Initiative as part of its strategy to encourage women-led small and medium-scale enterprises (SMEs). The scheme, which would be executed under HerFidelity Proposition, would commence with a two-month fashion and design...

Investors Gain N230bn As Stock Market Rises Further

Investors Gain N230bn As Stock Market Rises Further       Investors gained N230bn last week as the Nigerian stock market saw more equities record price appreciation. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.11 per cent to close the week at 39,156.28 and N20.41tn...

In Five Months, Nigerian Investors Lose N1trn

In Five Months, Nigerian Investors Lose N1trn       Nigerian equities closed weekend with average negative return of five per cent, implying a net capital depreciation of more than N1 trillion for investors in quoted shares. The stock market capped its losing streak this month with a net...

In Three Months, 12 Nigerian Banks Lend Customers N690bn

In Three Months, 12 Nigerian Banks Lend Customers N690bn       The combined loan portfolio of 12 commercial banks in Nigeria rose by N690bn in the first three months of this year, data collated from their unaudited financial statements show. The loans and advances to their customers grew...

Stock Investors Lose N600bn, Market Cap Drops Below N20trn

Stock Investors Lose N600bn, Market Cap Drops Below N20trn       Investors in the Nigerian stock market lost N600bn last week as the market capitalisation of equities fell below the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation declined by 2.93 per cent to close...

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call         Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...