Category: Capital Market/Banking

NGX Group, CBN, MinieMoney, Others Partner To Boost Students’ Financial Literacy
March 21, 2025 No Responses

NGX Group, CBN, MinieMoney, Others Partner To Boost Students’ Financial Literacy

The Nigerian Exchange Group (NGX Group), in collaboration with the Central Bank of Nigeria (CBN) and MinieMoney, empowered over 200 students with essential financial literacy skills as part of the 2025 Global Money Week celebration.   The event convened students from...
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CSCS To Host AMEDA Conference 2025
March 16, 2025 No Responses

CSCS To Host AMEDA Conference 2025

Central Securities Clearing System Plc (CSCS) is to host the Africa and Middle East Depositories Association (AMEDA) Annual Conference.This highly anticipated event will hold from April 23 to 25, 2025, at Eko Hotel and Suites, Lagos, Nigeria.Themed “Shap...
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SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars
March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed foll...
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Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development
March 13, 2025 No Responses

Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development

Stanbic IBTC Asset Management Limited, Fund Manager of the Stanbic IBTC Infrastructure Fund has partnered SIFAX Group through its subsidiary, SIFAX Shipping ICT Limited, to facilitate the development of an ultra-modern port terminal on 8.3 hectares of land (~8...
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Aiico Insurance Projects ₦114.3b Revenue For 2025 Q2
March 13, 2025 No Responses

Aiico Insurance Projects ₦114.3b Revenue For 2025 Q2

For the second quarter of 2025, AIICO Insurance Plc has projected a gross written premium of N114.3billion, driven by seasonal trends in premium receipts and actual cash flows recorded in January 2025. The company in its earnings forecast filed on...
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ABC Transport Shares Sustains Momentum As Diversification Excites Investors
March 12, 2025 No Responses

ABC Transport Shares Sustains Momentum As Diversification Excites Investors

ABC Transport Plc has experienced a significant uptick in its stock performance, with shares rising 22% year-to-date, climbing from N1.23 at the start of January to N1.50 as of March 11, 2025.  This surge has elevated the company’s market capitaliza...
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FG Reiterates Commitment To Disburse CVFF
March 10, 2025 No Responses

FG Reiterates Commitment To Disburse CVFF

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the commitment of President Bola Ahmed Tinubus administration to the disbursement of the Cabotage Vessel Financing Fund (CVFF).This was the focus of discussions whe...
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Nigeria Joins European Bank As Shareholder
March 6, 2025 No Responses

Nigeria Joins European Bank As Shareholder

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD).  This addition brings the total number of EBRD shareholders to 77, comprising 75 national shareholders alongside the European Union and the European Investment Bank...
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United Capital Investors Get N2.40K Total Dividend For 2024
March 6, 2025 No Responses

United Capital Investors Get N2.40K Total Dividend For 2024

For the year 2024, United Capital Plc (UCAP) attained Profit After Tax (PAT) of N24.10billion, compared to N11.42 billion recorded in 2023, representing 111.03 per cent increase.Building on a decade of consistent dividend payments, United Capital achieved a si...
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Uzoka-Anite Canvasses More Women Participation In Capital Market
March 3, 2025 No Responses

Uzoka-Anite Canvasses More Women Participation In Capital Market

As the world marks International Women’s Day, Nigerian women have been encouraged to explore investment opportunities in the capital market as a pathway to wealth creation.The Minister of State for Finance, Dr. Doris Uzoka-Anite, made this call during the of...
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SEC Nigeria To Boost Women’s Capital Market Literacy
March 3, 2025 No Responses

SEC Nigeria To Boost Women’s Capital Market Literacy

As part of its its commitment to develop the capital market and increase participation among Nigerians, the Securities and Exchange Commission (SEC) has concluded plans to train selected women in capital market literacy through its training arm, the Nigerian C...
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United Capital Infrastructure Fund Disburses N1.98b Dividends
March 1, 2025 No Responses

United Capital Infrastructure Fund Disburses N1.98b Dividends

Photo Caption: L-R:Sunny Anene, Deputy Group CEO, United Capital Group;Peter Ashade, Group CEO, United Capital Group;Dr. Odiri Oginni, MD/CEO, United Capital Asset Management;Uchenna Mkparu, Chief Investment Officer/Infrastructure Fund Manager, United Capital ...
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NGX Group Reports N13.6b Profit, Board Okays N4.4b Dividend For 2024  
March 1, 2025 No Responses

NGX Group Reports N13.6b Profit, Board Okays N4.4b Dividend For 2024  

Nigerian Exchange Group Plc has announced its audited financial results for the year ended 31 December 2024, delivering profit before tax (PBT) of N13.6 billion, indicating 157.3% year-on year growth. According to the Group, the performance was driven by robus...
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Customs, CBN Harp On Technology-Driven Trade Reforms
February 28, 2025 No Responses

Customs, CBN Harp On Technology-Driven Trade Reforms

The Comptroller-General of Customs, Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s (NCS) commitment to enhancing collaboration with the Central Bank of Nigeria (CBN) to facilitate trade and boost revenue generation—a development he said woul...
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