Jaiz Bank has publicly denied media reports purporting a deep rift amongst its Board members.
The Bank has appointed three new directors to fill existing vacancies as well as furthering its succession plan.
This call is in a bid to get the support of relevant stakeholders in raising additional capital through private placement.
Jaiz Bank Plc. has proposed a dividend payment of N0.03 kobo per 50 kobo ordinary share, the Company’s AGM will be held at Transcorp Hilton, on 16th of July, 2020.
Founded in 2003, and licensed by the CBN, Jaiz Bank Plc has since expanded its services exponentially.
Jaiz Bank Plc has announced the appointments of Mr. Seedy Mohammed Nijie and Alhaji Mamun Ibrahim Maude as Non-Executive Directors of the Bank.
Stock market investors lost a total of N86.55 billion on Thursday, as the equity market capitalization fell off the N14 trillion mark.
Stock market investors parted with N103.91 billion as the equities market capitalization, which opened at N14.37 trillion, shed 0.72% to close at N14.27 trillion.
The Nigerian Stock Market continued its bearish trend with a 0.08% decline in the market performance.
The Nigerian Stock Exchange started the week on a bearish note as the market performance indicators dropped.