Category: Capital Market/Banking

Nigeria Transitions To T+2 Settlement Cycle
November 14, 2025 No Responses

Nigeria Transitions To T+2 Settlement Cycle

The Securities and Exchange Commission (SEC) has announced that the Nigerian capital market will officially migrate to a T+2 settlement cycle for equities transactions effective Friday, November 28, 2025 — a major step aimed at aligning the market with global...
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Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism
November 12, 2025 No Responses

Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism

The Nigerian equities market staged a sharp rebound on Wednesday, November 12, 2025, as investors responded positively to reassurances from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, regarding the government’s position o...
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Finance Minister Assures Market Confidence As NGX Lists MREIF
November 11, 2025 No Responses

Finance Minister Assures Market Confidence As NGX Lists MREIF

Nigerian Exchange (NGX) on Tuesday hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony to commemorate the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREI...
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NDIC Strengthens Legal Powers To Enforce Bank Liquidation Mandate
November 10, 2025 No Responses

NDIC Strengthens Legal Powers To Enforce Bank Liquidation Mandate

The Nigeria Deposit Insurance Corporation (NDIC) says its legal framework has been significantly strengthened to enhance its effectiveness in carrying out bank liquidation and deposit protection mandates.This was disclosed in a statement issued by Hawwau Gambo...
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PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack
November 9, 2025 No Responses

PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack

Nigeria’s digital payment landscape reached a groundbreaking milestone on Friday, November 7, 2025, as the first live transaction was successfully completed on the National Payment Stack (NPS) at exactly 11:56 a.m.City Business News reports that the historic...
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Popoola: Gender Equity Key To Strong Governance, Business Resilience
November 8, 2025 No Responses

Popoola: Gender Equity Key To Strong Governance, Business Resilience

Gender equity is no longer merely a moral cause in corporate Nigeria, it has become central to governance, profitability, and long-term business resilience, according to Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group)...
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Bankit Unveils Advanced Device-Verification System To Boost Digital Banking Security
November 6, 2025 No Responses

Bankit Unveils Advanced Device-Verification System To Boost Digital Banking Security

Bankit, a top-tier Nigerian digital bank and fintech platform championing financial inclusion, has introduced a new device-verification system aimed at enhancing user account security. The feature requires customers to authenticate any new or unrecognized devi...
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Woodhall Capital Targets $50b Global Investments
November 3, 2025 No Responses

Woodhall Capital Targets $50b Global Investments

Woodhall Capital, under the leadership of its founder Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments aimed at accelerating development projects across Nigeria.In an interview, Hunponu-Wusu highlighted the firm’s g...
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NGX Group Declares ₦1.00 Interim Dividend
October 31, 2025 No Responses

NGX Group Declares ₦1.00 Interim Dividend

The Nigerian Exchange Group Plc (NGX Group) has declared an interim dividend of ₦1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025 by its Board...
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Nestlé Nigeria Declared N72.5b Profit In NIne Months
October 29, 2025 No Responses

Nestlé Nigeria Declared N72.5b Profit In NIne Months

Nestlé Nigeria Plc has released its financial results for the nine months ended September 30, 2025, showing a significant rebound in performance across all key indicators.According to the report, revenue grew by 33% to ₦884.5 billion, up from ₦665.3 billi...
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CSCS, IBM, TCS Partner On Market Infrastructure Upgrade
October 27, 2025 No Responses

CSCS, IBM, TCS Partner On Market Infrastructure Upgrade

The Central Securities Clearing System Plc (CSCS) has announced major milestone in its digital transformation drive with the successful upgrade of its core technology platform, executed in partnership with global technology leaders IBM and Tata Consultancy Ser...
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Access Holdings Posts ₦2.5tri Gross Earnings In H1 2025
October 25, 2025 No Responses

Access Holdings Posts ₦2.5tri Gross Earnings In H1 2025

Access Holdings Plc has announced its audited financial results for the half year ended June 30, 2025, reporting a strong performance that underscores the resilience of its business model and continued progress in executing its five-year strategic plan.The Gro...
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Presco Declares Second Interim Dividend Of N10
October 24, 2025 No Responses

Presco Declares Second Interim Dividend Of N10

For the nine-month ended September 30, 2025,Presco Plc, Nigeria’s leading fully integrated edible oil business, has declared 108.2% year-on-year growth in Profit Before Tax (PBT) to N139.7 billion.Following this record performance, the Board of Directors has...
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SEC, SMEDAN Partner To Boost SME Capital Market Access
October 17, 2025 No Responses

SEC, SMEDAN Partner To Boost SME Capital Market Access

The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a Memorandum of Understanding (MoU) aimed at improving access to long-term financing for small and medium enterprises (SMEs) th...
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