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In Nine Months, 12 Banks Earn N133.92bn From E-payments

In Nine Months, 12 Banks Earn N133.92bn From E-payments         Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of electronic channels for financial transactions earned 12 Deposit Money Banks about N133.92bn revenue in the first nine...

Stock Market Ends Weekly Gains, Investors Lose N470bn

Stock Market Ends Weekly Gains, Investors Lose N470bn       Activities on the floor of the Nigerian Stock Exchange closed on a negative note last week as the All-Share Index and market capitalisation depreciated by 2.57 per cent to close the week at 34,136.82 and N17.84tn respectively. Similarly,...

Stock: Market Extends Downturn By N278bn

Stock: Market Extends Downturn By N278bn       Transactions in the Nigerian equity market on Tuesday closed on a negative note as losing streak extended to the third consecutive trading day, following sustained profit-taking. However, the market breadth closed negative, recording 17 gainers and 30 losers. The All-Share Index...

Jaiz bank grows Q3 profit by 48%

Jaiz bank grows Q3 profit by 48% Jaiz Bank Plc, Nigeria’s premier non-interest bank has recorded another impressive performance in the 3rd quarter of 2020. The Bank’s 3rd quarter results ended September 30, 2020, which was submitted to the Nigerian Stock Exchange (NSE) showed that profits...

No Rift among Board members-Jaiz MD.

No Rift among Board members-Jaiz MD. The management of Premier Islamic non-interest bank, Jaiz Bank Plc has denied media reports that  rift exists among members of the board. The Managing Director and Chief Executive Officer of the bank Mr Hassan Usman disclosed this to newsmen in...

Jaiz Bank Targets Small Businesses, Agric Financing in Jigawa

Jaiz Bank Targets Small Businesses, Agric Financing in Jigawa Jaiz Bank Plc, the premier non-interest financial institution in Nigeria plans to deepen financial inclusion in Jigawa State by providing the needed financing to operators of small and medium sized businesses and farmers in the state. Managing...