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Daily Business News Brief – November 24th, 2023

24
Nov

Buying Interest in GTCO, Zenith Bank, Others Lift Stock Market by N26.87bn – Thisday
The Nigerian Exchange Limited (NGX) stock market yesterday gained N26.87billion driven by investors’ buying interest in Guaranty Trust Holding Company (GTCO), Zenith Bank Plc, and 33 other low and medium-capitalisation strong fundamental stocks.  
As GTCO gained 1.96per cent to close at N38.95 per share, Zenith Bank appreciated by 0.30 per cent to close at N33.50 per share, the NGX All-Share Index (ASI) ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More

Cardozo unveils CBN policy thrust today – Dailytrust
The Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso is set to unveil the apex bank ‘s monetary policy thrust and economic outlook today (Friday).
The unveiling will take place during the 58th Chartered Institute of Bankers of Nigeria Annual Bankers’ Dinner, according to the announcement by the apex bank via their X (Formerly Twitter) handle on Thursday.. ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

NGX axes 30 companies over corporate governance – Vanguard
The Nigerian Exchange  Limited (NGX) has indicted 30 quoted companies for breach of its corporate governance rule in respect of filing their financial statements.
The companies are  Fidelity Bank Plc, Access Bank Plc, FBN Holdings Plc, Unity Bank Plc, Ecobank Transnational Incorporated (ETI) Plc, Jaiz Bank Plc, Wema Bank, Guaranty Trust Company (GTCo) Plc……….. …… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Stockbrokers, CIBN seek collaboration on market development – Punch
The doyen of the Nigerian capital market, Rasheed Yusuf, has challenged the Chartered Institute of Bankers of Nigeria to strengthen professionalism within the banking sector and also its relationship with stockbrokers in a bid to foster growth in the Nigerian economy…. …………… …. …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Ex-GTB director named Jaiz Bank MD – Punch
A former Executive Director of Guaranty Trust Bank, Haruna Musa, has been appointed the Managing Director/Chief Executive Officer of Jaiz Bank Plc.
His appointment was announced in a corporate notice filed with the Nigerian Exchange Limited.
According to the notice, Musa’s appointment takes effect following the receipt of the approval of the Central Bank of Nigeria on Tuesday……………………… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
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