7UP 50.00 0.00    ABBEYBDS 1.50 0.00    ABCTRANS 1.00 -0.03    ACADEMY 1.70 0.00    ACCESS 11.10 0.10    AFRIPRUD 1.70 0.02    AGLEVENT 1.66 0.01    AIICO 0.90 0.01    AIRSERVICE 4.50 -0.30    ARBICO 6.91 0.00    ASHAKACEM 24.01 -0.19    BECOPETRO 0.50 0.00    BERGER 8.25 0.00    BETAGLAS 10.00 0.00    BOCGAS 8.50 0.00    CADBURY 44.50 0.00    CAP 62.51 -4.99    CAPOIL 0.50 0.00    CCNN 9.90 0.20    CHAMPION 4.78 0.00    CHAMS 0.50 0.00    CHELLARAM 4.89 -0.54    CILEASING 0.50 0.00    CONOIL 24.00 0.00    CONTINSURE 1.19 0.04    CORNERST 0.50 0.00    COSTAIN 1.03 0.09    COURTVILLE 0.94 -0.02    CUSTODYINS 1.70 -0.02    CUTIX 2.07 -0.23    DAARCOMM 0.50 0.00    DANGCEM 183.01 -3.99    DANGFLOUR 9.50 0.30    DANGSUGAR 8.50 0.01    DIAMONDBNK 6.95 -0.04    DNMEYER 1.81 0.01    DUNLOP 0.50 0.00    EQUITYASUR 0.50 0.00    ETERNA 3.99 0.06    ETI 15.50 0.15    EVANSMED 1.97 0.17    FBNH 18.66 0.09    FCMB 5.00 0.00    FG9B2017S2 110.42 -2.88    FG9B2019S3 119.45 0.50    FIDELITYBK 3.10 0.03    FIDSON 1.70 0.14    FLOURMILL 85.00 0.00    FO 14.24 0.00    FORTISMFB 6.00 0.00    FTNCOCOA 0.50 0.00    GLAXOSMITH 49.00 0.00    GUARANTY 26.99 0.33    GUINNESS 278.00 3.00    HMARKINS 0.50 0.00    HONYFLOUR 3.00 0.11    IHS 1.80 0.00    IKEJAHOTEL 0.82 -0.07    INTBREW 28.40 -0.27    INTERLINK 4.90 0.00    IPWA 0.63 -0.07    JAPAULOIL 0.55 0.00    JBERGER 58.69 0.44    JOHNHOLT 1.54 0.00    JOSBREW 1.33 0.00    LEARNAFRCA 2.00 0.00    LIVESTOCK 3.39 0.14    MANSARD 2.30 -0.20    MAYBAKER 1.97 0.16    MBENEFIT 0.50 0.00    MCNICHOLS 1.43 0.00    MOBIL 114.00 0.00    MORISON 2.23 0.00    MRS 18.00 -1.80    NAHCO 7.00 0.10    NASCON 11.80 -1.10    NB 176.17 -2.83    NCR 18.70 1.70    NEIMETH 0.83 0.00    NEM 0.84 0.03    NESTLE 945.00 -5.00    NEWGOLD 2099.00 -11.00    NIG-GERMAN 8.17 0.00    NIWICABLE 0.50 0.00    NNFM 23.56 2.14    NPFMCRFBK 1.18 0.10    OANDO 15.50 0.40    OKOMUOIL 51.80 -2.14    OMATEK 0.50 0.00    PAINTCOM 1.54 0.14    PRESCO 30.00 1.01    PRESTIGE 0.62 0.00    PZ 49.45 4.45    REDSTAREX 4.73 0.43    ROYALEX 0.56 -0.04    RTBRISCOE 1.80 0.00    SCOA 5.42 0.00    SKYEBANK 5.18 0.13    SKYESHELT 100.00 0.00    SOVRENINS 0.50 0.00    STANBIC 15.12 0.02    STERLNBANK 2.94 0.05    STUDPRESS 2.52 0.00    TOTAL 165.00 0.00    TOURIST 4.53 0.00    TRANSCORP 1.29 -0.01    TRIPPLEG 2.29 0.00    UAC-PROP 16.70 -0.30    UACN 70.99 0.19    UBA 8.59 -0.11    UBCAP 1.28 0.00    UBN 9.70 0.17    UNILEVER 70.79 5.75    UNITYBNK 0.64 -0.03    UNITYKAP 0.50 0.00    UPL 5.20 -0.57    UTC 0.83 -0.09    VITAFOAM 3.26 0.04    VONO 2.34 0.00    WAPCO 94.00 1.85    WAPIC 0.92 0.02    WEMABANK 1.23 -0.01    ZENITHBANK 21.78 0.08   

Other News

MBL Sets Strategic Agenda

As part of efforts to validate the confidence of its shareholders and retain the loyalty of its customers, Mainstreet Bank Limited (MBL) said it had drawn a roadmap with the aim of improving its market leadership.  A statement at the weekend, said the decision was taken by the board of directors, at a Strategy Meeting of the bank that was fully attended by all members in Lagos. The bank also declared its intention to pursue a set of initiatives and strategies that would return MBL to the league of Nigeria’s top four banks. It further disclosed that at the meeting, the local business environment was thoroughly analyzed and the relevant market segments clearly defined to locate where MBL would operate at full speed for a stronger positioning and rapid result.

 

The board of directors also assured customers and other stakeholders that the commercial bank would soon take its position as one of the top four banks in Nigeria performance indices and innovative product offerings. Emphasizing his optimism on the strategic direction of the bank, Chairman of the Board, Mallam Falalu Bello, observed that a careful implementation of the strategy would translate in the shortest possible time, to better customer experience, efficient and effective operations and posting of competitive returns on investment for the stakeholders.

 

“Our new strategy digs very deep into Mainstreet’s business potentials and capabilities and maps out ways to optimally deploy them for market leadership”, Bello assured. Reiterating the importance of the bank’s new strategic direction, the Group Managing Director/Chief Executive Officer, MBL, Faith Tuedor-Matthews, expressed confidence in the new focus of the bank. According to her, “We have set ambitious but attainable business goals for ourselves. The Board and Management are committed to giving Mainstreet Bank a stronger foothold in the market with a stricter adherence to best business practices, operational excellence and other turn around benefits”.

 

The MBL boss further pointed out that the bank has many numerous strength that would place it in a vantage position for success. “We have over 220 branches that are evenly spread out across the length and breadth of this country and a large customer base that remains loyal to us,” Tuedor-Matthews observed pointing out that the bank was presently repositioning its business to meet the expectations of all stakeholders.

 

Culled from Thisday Live, June 9, 2012