SEC Nigeria, Rwanda Forge Capital Market Alliance

SEC Nigeria, Rwanda Forge Capital Market Alliance

By ebosele@hotmail.com – The Director-General, Securities and Exchange Commission (SEC), Nigeria, Dr. Emomotimi Agama, has called for stronger collaboration among African capital markets to foster deeper interconnection, accelerate market development, and create new investment opportunities across the continent.Agama made the...
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FG Rolls Out Digital Registry To Boost Cooperative Financing

FG Rolls Out Digital Registry To Boost Cooperative Financing

The Federal Government (FG) of Nigeria is mobilising N200 billion share capital from cooperative societies nationwide to facilitate the take-off of the proposed Cooperative Bank of Nigeria.The Minister of State for Agriculture and Food Security, Sen. Aliyu Abd...
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Photo News

Photo News

His Eminence, John Cardinal Onaiyekan, Catholic Archbishop Emeritus of Abuja (left),Managing Director, Chief Executive Officer, Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON, (middle) andand Most Reverend Professor Godfrey Igwebuike Onah, Catholic Bishop of t...
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United Capital Secures Investment Banking Licences In Ethiopia, Rwanda

United Capital Secures Investment Banking Licences In Ethiopia, Rwanda

By ebosele@hotmail.com – Leading pan-African investment banking and financial services group, United Capital Plc, has recorded a major milestone in its continental expansion drive following the acquisition of investment banking licences in Ethiopia and R...
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CBN Unveils Nigeria Payments Systems Vision 2028, Targets 95% Financial Inclusion

CBN Unveils Nigeria Payments Systems Vision 2028, Targets 95% Financial Inclusion

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has unveiled the Nigeria Payments Systems Vision (PSV) 2028, a comprehensive roadmap aimed at deepening payment infrastructure, expanding financial inclusion, accelerating innovation, stre...
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Again, SEC Warns Against Social Media Ponzi Scheme

Again, SEC Warns Against Social Media Ponzi Scheme

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in illegal online investment schemes being promoted across social media platforms, saying many of them exhibit characteristics of Ponzi and prohibited investment operations.In ...
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Stock Market Investors Exchange N109.4b Shares On NGX

Stock Market Investors Exchange N109.4b Shares On NGX

Investors on the Nigerian Exchange on Wednesday transacted 1.683 billion shares worth N109.438 billion in 76,557 transactions.This is compared with the previous session’s 2.027 billion shares valued at N87.709 billion exchanged across 80,888 deals.This revea...
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Nigerian Equities Market Surpasses N160trn As Investors Gain N3.16trillion

Nigerian Equities Market Surpasses N160trn As Investors Gain N3.16trillion

The Nigerian equities market extended its bullish run on Monday, with market capitalisation crossing the N160 trillion mark as investors gained a combined N3.162 trillion.Market capitalisation rose by 2.01 per cent, climbing from N157.094 trillion recorded on ...
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NGX Investors Gain N62bn As Buying Interest Lifts Market

NGX Investors Gain N62bn As Buying Interest Lifts Market

The Nigerian equities market commenced the new month on a bullish note on Monday, with investors recording a gain of N62 billion at the close of the first trading session of May.The positive performance was largely driven by renewed buying...
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Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue

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

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’

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

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

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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