Tag
GTCO HOLDINGS - NEWS
The report shows that Nigeria's banking industry remains one of the most systematically fragile in the world.
Among the 26 banks affected by the latest debits are regular "victims".
Performance across sectors closed bearish, as three out of the five major sub-indices posted losses.
Banks' earnings from account maintenance charges, though low when compared to other revenue streams, still make up a significant portion of their non-interest income.
Nigeria’s bourse gained N47.9 billion in second trading day of June over share price appreciation in blue-chip companies.
Renaissance Capital Analyst, Soji Solanke, holds that some of the most compelling stock picks lie in the banking sector.
Today’s stock market uptrend was impacted by gains recorded in High Cap stocks like Mobil, Zenith Bank, Guaranty Trust Bank, Unilever, and BUACEMENT.
Today’s uptrend was impacted by gains recorded in blue-chip stocks like Tier one Banking stocks and Industrial giant DANGCEMENT.
Transactions on the equities side continued the upbeat trend today, causing the All-Share Index (ASI) to rise further by 1.09 per cent to close at 24,202.87 index points.
The benchmark All Share Index (ASI) advanced by 0.77% on teh Nigerian stock exchange to close at 23,892.92 index points.
"In conclusion, corporate entities in the financial services space must begin to realign their business strategies to recognise the sweeping technological changes in the business environment."
This article will be looking at seven female executives who are way ahead of the game in the Nigerian fintech sector; more interestingly, most of these women are under 40.