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SEC Approves Seven NGX s Derivatives Contracts

Goddy Egene Nigerian Exchange Limited (NGX) has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC). The approved contracts are: Access Bank Plc Stock Futures; Dangote Cement Plc Stock Futures; Guaranty Trust Bank Plc Stock Futures; MTN Nigeria Communications Plc Stock Futures; Zenith Bank Plc Stock Futures; NGX 30 Index Futures, and NGX Pension Index Futures. The NGX said the approval followed the successful registration of NG Clearing by SEC as a premier central counterparty, effective 7 June 2021. The NGX noted that with the approvals, it was inching closer to launch West-Africa’s first Exchange Traded Derivatives (ETDs) supported by NG Clearing in the risk management process.

GTH, Wema Bank, Zenith lead gainers as financial stocks contribute 70 7% to turnover

GTH, Wema Bank, Zenith lead gainers as financial stocks contribute 70 7% to turnover
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

EBENEZER ONYEAGWU: Taking Zenith Bank to the Zenith

MONEY Regardless of the challenging macroeconomic environment brought about by the COVID-19 pandemic among others, Zenith Bank under the leadership of its Group Managing Director, Ebenezer Onyeagwu, has maintained its leadership position, writes Oluchi Chibuzor Last month made it two years since Mr. Ebenezer Onyeagwu assumed the position of Group Managing Director/CEO of Zenith Bank Plc. Despite the very challenging macroeconomic environment brought about by the COVID-19 pandemic, which had a significant deleterious impact on businesses globally, Onyeagwu has demonstrated that he has a midas touch considering the strong financial performance the bank continues to churn out. Rated on key parameters such as asset quality, profitability and return to investors, Zenith Bank’s track record has been impressive.

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