Category: Capital Market/Banking

Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue
April 30, 2026 No Responses

Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue

Shareholders of Nigerian Exchange Group Plc (NGX Group) have endorsed the company’s 2025 financial results, with strong emphasis on the approved ₦2.00 per share final dividend and a one-for-three bonus share issue, describing both as clear signals of value creation...
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Shareholders Applaud GTCO’s N12.76 Dividend, N500b Capital Milestone
April 29, 2026 No Responses

Shareholders Applaud GTCO’s N12.76 Dividend, N500b Capital Milestone

By ebosele@hotmail.com. – Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management of the financial institution for delivering what they described as the highest dividend payout in Nigeria’s banking sector, declaring a to...
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Alleged $6.23b Fraud: Witness Tells Court Funds Were Siphoned from CBN For ‘Foreign Observers’
April 27, 2026 No Responses

Alleged $6.23b Fraud: Witness Tells Court Funds Were Siphoned from CBN For ‘Foreign Observers’

A prosecution witness, Chinedu Eneanya, on Monday told Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, that a total sum of $6.23 billion was allegedly siphoned from the coffers of the Central Bank of Nigeria...
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Tinubu Appoints Oyedele, Removes Edun As Finance Minister
April 21, 2026 No Responses

Tinubu Appoints Oyedele, Removes Edun As Finance Minister

President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, effecting changes in key ministerial positions.According to a memo signed by the Secretary to the Government of the Federation, George Akume, two cabinet members—Wal...
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NGX CEO: Nigeria’s Capital Market Emerging As Credible Exit Route For Investors
April 20, 2026 No Responses

NGX CEO: Nigeria’s Capital Market Emerging As Credible Exit Route For Investors

Nigeria’s capital market is increasingly establishing credibility as a viable exit route for institutional investors, according to the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola.Speaking during a presentation...
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Photo News
April 20, 2026 No Responses

Photo News

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (right), and the Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, after signing a Memorandum of Understandin...
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Photo News
April 18, 2026 No Responses

Photo News

President/Chief Executive, Dangote Industries Limited, Aliko Dangote (Right) with Managing Director, International Finance Corporation, Makhtar Diop, in Washington DC, United States.
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ESM, AfDB Seal Financial Stability MoU
April 17, 2026 No Responses

ESM, AfDB Seal Financial Stability MoU

The European Stability Mechanism (ESM) and the African Development Bank Group (AfDB) on Thursday signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions.The agreement was signed on the sidelines of the 20...
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Photo News
April 16, 2026 No Responses

Photo News

L-R: Independent Non-Executive Director, Mrs. Olusola Oworo; Managing Director/CEO, Mr. Girish Sharma; Chairman and Independent Non-Executive Director, Prof. Fabian Ajogwu; Independent Non-Executive Director, Mrs. Vivian Shobo, and Vice – Chairman and Non- E...
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Pressure Mounts On World Bank To Halt Factory Farming Funding
April 15, 2026 No Responses

Pressure Mounts On World Bank To Halt Factory Farming Funding

By Moses Ebosele, ebosele@hotmail.com More than 30 civil society organisations have urged the World Bank Group to halt financing for industrial livestock production and redirect investments toward sustainable, small-scale food systems that safeguard people, an...
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NGX, BOI Deepen SME Financing Drive In Kano
April 15, 2026 No Responses

NGX, BOI Deepen SME Financing Drive In Kano

Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have reinforced efforts to integrate small and medium-sized enterprises (SMEs) into Nigeria’s formal capital market, taking their financing advocacy to Kano as part of a broader national engagement d...
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Guinness Nigeria Surpasses ₦1trn Market Capitalisation
April 15, 2026 No Responses

Guinness Nigeria Surpasses ₦1trn Market Capitalisation

Guinness Nigeria Plc has crossed the ₦1 trillion market capitalisation threshold on the Nigerian Exchange (NGX), marking a significant milestone that reflects strong investor confidence and sustained value creation.As of April 10, 2026, the company’s marke...
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CIBN, ICPC Academy Strengthen Ties
April 13, 2026 No Responses

CIBN, ICPC Academy Strengthen Ties

The Chartered Institute of Bankers of Nigeria (CIBN) has reaffirmed its commitment to promoting ethics and professionalism in the financial services sector following a courtesy visit by the ICPC Anti-Corruption Academy of Nigeria (ACAN) at the Bankers House in...
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Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff As Full Employees
April 10, 2026 No Responses

Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff As Full Employees

Chairman of United Bank for Africa, Tony Elumelu, on Thursday addressed 720 graduate trainees drawn from Cohorts 19 and 20 of the bank’s Graduate Management Acceleration Programme (GMAP) from across Africa.Speaking during the engagement, Elumelu said the pro...
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