DMO Allots N3.05b FGN Bond

DMO Allots N3.05b FGN Bond

The Debt Management Office (DMO) has announced the allotment of the September 2025 FGN Savings Bonds totaling ₦3.05 billion across the two-year and three-year tenors.The bonds were issued at ₦1,000 per unit, with a minimum subscription requirement of ₦5,000 and...
read more
SEC Harps On Gradual Implementation Of ISSB Standards

SEC Harps On Gradual Implementation Of ISSB Standards

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed that the Commission is considering a gradual implementation of the global sustainability disclosure standards developed by the International Organisation o...
read more
FIRS, CBN, NEXIM, UBA, NDIC Back 2025 FICAN Conference

FIRS, CBN, NEXIM, UBA, NDIC Back 2025 FICAN Conference

The 2025 Conference of the Finance Correspondents Association of Nigeria (FICAN) has received strong backing from key financial institutions and regulators, underscoring its significance as a platform for shaping discourse on Nigeria’s digital economy.Among ...
read more
Wema Bank Completes N150b Rights Issue, Secures SEC, CBN Approval

Wema Bank Completes N150b Rights Issue, Secures SEC, CBN Approval

WEMA Bank Plc has completed its N150 billion Rights Issue, securing approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).In a statement on Thursday, the bank explained that the Rights Issue, which opened on...
read more
CBN Projects $1b Diaspora Reserve

CBN Projects $1b Diaspora Reserve

The Central Bank of Nigeria (CBN) is targeting a diaspora reserve of $1billion by 2026.Dr Olayemi Cardoso, the Governor of CBN, said this at the 18th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria...
read more
Freight Forwarders Petition Minister Over Alleged First Bank’s Persistent System Downtime

Freight Forwarders Petition Minister Over Alleged First Bank’s Persistent System Downtime

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has petitioned the Minister of Finance, Wale Edun, over what it described as a crippling and persistent system downtime at First Bank of Nigeria that has paralyzed dut...
read more
Stock Market Investors Trade N90.3b Equities In Four Days

Stock Market Investors Trade N90.3b Equities In Four Days

Stock market investors traded 3.117 billion shares worth N90.295 billion in 118,018 transactions on the Exchange during the week just ended.This compares with 3.199 billion shares valued at N85.399 billion exchanged last week in 142,477 deals.Consequently, the...
read more
CSCS Hosts Webinar On Nigeria’s Transition To T+2 Settlement Cycle

CSCS Hosts Webinar On Nigeria’s Transition To T+2 Settlement Cycle

Central Securities Clearing System Plc, (CSCS) has concluded plans to host a significant webinar titled “Advancing Market Efficiency through T+2 Settlement” as part of industry-wide engagement ahead of Nigeria’s transition to the T+2 Settlement cycle.The...
read more
BPE To List DisCos, GenCo On Stock Market

BPE To List DisCos, GenCo On Stock Market

The Bureau of Public Enterprises (BPE) has announced plans to list two electricity Distribution Companies (DisCos) and one Generation Company (GenCo) on the Nigerian Stock Exchange through an Initial Public Offering (IPO).BPE Director-General, Mr Ayodeji Gbele...
read more
GTCO Increases GTBank’s Paid-Up Capital To ₦504b

GTCO Increases GTBank’s Paid-Up Capital To ₦504b

Guaranty Trust Holding Company Plc, on Friday announced that it has increased its investment in its wholly owned Banking subsidiary, Guaranty Trust Bank Limited (GTBank) to ₦504 billion through a rights issue subscription for 6,994,050,290 ordinary shares of...
read more
Stock Market Sustains Growth, Attains N203b Gain

Stock Market Sustains Growth, Attains N203b Gain

The Nigerian stock market continued on a positive note on Tuesday, recording N203 billion gain.The market activity was driven by demand for equities such as NCR Nigeria, Berger Paints, Beta Glass, Cadbury and 23 other stocks.Specifically, the Nigerian Exchange...
read more
Afriland Properties Shareholders Get N178.6m Interim Dividend

Afriland Properties Shareholders Get N178.6m Interim Dividend

For the half-year ended June 30, AFRILAND Properties Plc has paid an interim dividend of 13 kobo per share to it’s shareholders, amounting to N178.6 million.Speaking on the development, Mr Emmanuel Nnorom, Chairman of the Board, said, “The interim divi...
read more
Senate, SEC To Hold Summit On Municipal Bonds, Sukuk

Senate, SEC To Hold Summit On Municipal Bonds, Sukuk

The Senate Committee on Capital Markets and Institutions in collaboration with the Securities and Exchange Commission is set to hold a national stakeholders summit on Municipal Bonds and Sukuk for Local Government Infrastructural Development in Uyo, Akwa Ibon ...
read more
United Capital Explains N11.89b Profit After Tax

United Capital Explains N11.89b Profit After Tax

For the half year 2025, United Capital Plc group recorded a 57% year-on-year revenue growth to ₦23.76 billion while Profit Before Tax rose by 52% to ₦13.79 billion, leaving  Profit After Tax at ₦11.89 billion, marking a 54% year-on-year increas...
read more
1 2 3 172