Category: Capital Market/Banking

NAHCO Reviews Growth Strategy, Target ₦300b Revenue By 2029
November 1, 2026 No Responses

NAHCO Reviews Growth Strategy, Target ₦300b Revenue By 2029

By ebosele@hotmail.com The Board and Management of the Nigerian Aviation Handling Company Plc (NAHCO) have reviewed the company’s growth strategy and progress towards achieving its ₦300 billion revenue target by 2029.City Business News reports that thereview formed part of the...
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Oando Attains ₦2.78trn Revenue, Production Hits 42,985boepd
November 1, 2026 No Responses

Oando Attains ₦2.78trn Revenue, Production Hits 42,985boepd

Oando Plc has reported a 9 per cent increase in revenue to ₦2.78 trillion for the nine months ended September 30, 2026, driven by higher crude oil liftings, increased gas and Natural Gas Liquids (NGL) sales, and improved average realised...
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FirstHoldCo, RCIM Cross 5.2b Shares To Investors
November 1, 2026 No Responses

FirstHoldCo, RCIM Cross 5.2b Shares To Investors

First HoldCo Plc and RC Investment Management Limited (RCIM) have recorded significant progress in the ongoing disposal of approximately 10.43 billion FirstHoldCo shares held by RCIM as an independent Bridge Holder.The transaction originated from a Central Ban...
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SCAN Seeks Affordable Financing, Policy Reforms For Indigenous Shipowners
October 30, 2026 No Responses

SCAN Seeks Affordable Financing, Policy Reforms For Indigenous Shipowners

The Shipping Correspondents Association of Nigeria (SCAN) has called for affordable financing, regulatory reforms and improved maritime infrastructure to strengthen the capacity of indigenous shipowners and enhance their competitiveness in the Nigerian shippin...
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Dangote Refinery IPO Attracts More Investors As Offer Closes October 27
October 26, 2026 No Responses

Dangote Refinery IPO Attracts More Investors As Offer Closes October 27

By ebosele@hotmail.com Dangote Petroleum Refinery and Petrochemicals has reported a surge in investor subscriptions as its landmark Initial Public Offering (IPO) enters its final days, with retail and institutional investors racing to participate ahead of the ...
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JPMorgan Gets CBN’s Approval To Establish Merchant Bank In Nigeria
October 24, 2026 No Responses

JPMorgan Gets CBN’s Approval To Establish Merchant Bank In Nigeria

THE Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited.This is according to a statement issued by Michael Akuka, the Director, Corpora...
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Veritas Assurance Records N23.7b Gross Premium
October 18, 2026 No Responses

Veritas Assurance Records N23.7b Gross Premium

​‌‌‍‌‍‍⁠⁠‍​⁠‌‌‌​⁠‌‌​VERITABLE Kapital Assurance Plc has announced a Gross Premium of N23.733 billion for the 2025 financial year, which represents 0.2 per cent growth from 23.694 billion in 2024.Mr Babatunde Irukera, Cha...
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Q3: Dangote Refinery Explains $22.5b Revenue
October 14, 2026 No Responses

Q3: Dangote Refinery Explains $22.5b Revenue

Dangote Petroleum Refinery and Petrochemicals has declared $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a loss of $117.2 million in the corresponding period of 2025, as the...
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Nigeria’s Capital Market Masterplan: Building The Market A Nation Deserves
October 14, 2026 No Responses

Nigeria’s Capital Market Masterplan: Building The Market A Nation Deserves

By Emomotimi Agama Every great economy has, at its heart, a capital market that channels the savings of ordinary people into productive investments, financing the factories, roads, homes and businesses that create jobs and drive national development.Nigeria ha...
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OPay Secures Approval For Secondary Listing On Nigerian Exchange
October 12, 2026 No Responses

OPay Secures Approval For Secondary Listing On Nigerian Exchange

By ebosele@hotmail.com. OPay, a leading African fintech company, has secured board and shareholder approval to pursue a secondary listing on Nigerian Exchange Limited (NGX) following its planned initial public offering (IPO) on the New York Stock Exchange (NYS...
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NGX CEO, Chiemeka emerges African Exchanges Association President
October 7, 2026 No Responses

NGX CEO, Chiemeka emerges African Exchanges Association President

The Chief Executive Officer (CEO) of Nigerian Exchange Limited, Jude Chiemeka, has been appointed President of the African Securities Exchanges Association (ASEA), effective September 30, 2026.Chiemeka, who also chairs the West African Capital Markets Integrat...
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2027 Polls: Experts To Examine Prospects, Risks At Q4 Master Class
September 30, 2026 No Responses

2027 Polls: Experts To Examine Prospects, Risks At Q4 Master Class

Experts in the Nigerian financial markets will gather virtually via Zoom on Saturday, October 3, 2026 for the 2026 fourth quarter Master Class where they would brainstorm on the potentials and risks facing the nation’s economy and equities’ market ahead...
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ITC, Access Bank Partner To Expand SME Finance, Market Access
September 23, 2026 No Responses

ITC, Access Bank Partner To Expand SME Finance, Market Access

By ebosele@hotmail.com – The International Trade Centre (ITC) and the Access Africa Office, which coordinates the African subsidiaries of Access Bank Plc, have entered into a three-year partnership aimed at improving access to finance, markets and skills...
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CIBN Tasks Financial Journalists To Sustain Banking Reform Gains
September 21, 2026 No Responses

CIBN Tasks Financial Journalists To Sustain Banking Reform Gains

By ebosele@hotmail.com The Chartered Institute of Bankers of Nigeria (CIBN) has charged financial journalists to play a critical role in sustaining the gains of banking sector recapitalisation, tax reforms and the fintech revolution through accurate, timely an...
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