Category: Capital Market/Banking

Again, SEC Warns Against Social Media Ponzi Scheme
May 15, 2026 No Responses

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 a public notice issued on Thursday,...
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Stock Market Investors Exchange N109.4b Shares On NGX
May 14, 2026 No Responses

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
May 12, 2026 No Responses

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
May 5, 2026 No Responses

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
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...
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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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