Category: Capital Market/Banking

Investors Sustain Optimism As Equities Gain N257b
December 23, 2025 No Responses

Investors Sustain Optimism As Equities Gain N257b

The Nigerian equities market sustained a positive performance on Monday as investors added N257 billion to their portfolios.The continued uptick was as a result of increased interest in stocks like Aluminium Extrusion Industries, International Energy Insurance, Mecure, Royal Exchange, Austinlaz...
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SEC Sets January 2026 Deadline For Operators’ Registration Renewal
December 22, 2025 No Responses

SEC Sets January 2026 Deadline For Operators’ Registration Renewal

By ebosele@hotmail.com. — The Securities and Exchange Commission (SEC) has announced that capital market operators are required to renew their registration between January 1 and January 31, 2026.The Commission also disclosed plans to commence full electr...
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JEX Markets Appoints Ayemhere As MD/CEO
December 21, 2025 No Responses

JEX Markets Appoints Ayemhere As MD/CEO

By Moses Ebosele, ebosele@hotmail.com JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has announced the appointment of Dr. Blessing Ayemhere as its Managing Director/Chief Executive Officer (MD/CEO), subject to t...
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CBN To Banks: Configure ATMs, POS Terminals For Foreign Cards Transactions
December 21, 2025 No Responses

CBN To Banks: Configure ATMs, POS Terminals For Foreign Cards Transactions

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day.In a circular dated December 18 and signed by Rita Sike, director of the financial policy ...
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UBA Partners CIG Motors On $100m Vehicle Financing Scheme
December 19, 2025 No Responses

UBA Partners CIG Motors On $100m Vehicle Financing Scheme

United Bank for Africa (UBA) Plc has unveiled $100 million vehicle finance scheme in collaboration with CIG Motors, Lagride and Lagos State.The initiative is designed to ease the financial burden of purchasing vehicles by offering affordable loan options with ...
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CSCS Appoints Shehu Shantali As New CEO
December 19, 2025 No Responses

CSCS Appoints Shehu Shantali As New CEO

By ebosele@hotmail.com The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr. Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to the receipt of regulatory no-objection.City Business N...
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NCS To Sanction Banks Over Delayed Customs Revenue Remittance
December 17, 2025 No Responses

NCS To Sanction Banks Over Delayed Customs Revenue Remittance

The Nigeria Customs Service (NCS) has raised concern over delays in the remittance of Customs revenue by some Designated Banks after reconciliation of collections processed through the B’odogwu platform, describing the practice as a breach of remittance obli...
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Stakeholders Task Regulators On ISA 2025 Implementation
December 14, 2025 No Responses

Stakeholders Task Regulators On ISA 2025 Implementation

President of the Independent Shareholders Association of Nigeria (ISAN), Moses Igbrude, has emphasised the need for efficient and impartial implementation of the Investments and Securities Act (ISA) 2025 to drive sustainable growth in the nation’s capital ma...
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Cardoso Inaugurates New ACGSF Board
December 10, 2025 No Responses

Cardoso Inaugurates New ACGSF Board

The Central Bank Governor (CBN) Governor, Mr. Olayemi Cardoso, has inaugurated the new Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF), reaffirming the Bank’s commitment to strengthening Nigeria’s agricultural sector.He highlighted the Schem...
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AfDB Hosts World Bank’s Anne Bjerde In Abidjan
December 8, 2025 No Responses

AfDB Hosts World Bank’s Anne Bjerde In Abidjan

The President of the African Development Bank Group, Dr. Sidi Ould Tah, on Monday received the World Bank Group’s Managing Director of Operations, Anne Bjerde, and her high-level delegation at the Bank’s headquarters in Abidjan.The strategic meeting centre...
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SEC, NGX Group Hail ISA 2025 As Catalyst For Stronger Capital Market
December 7, 2025 No Responses

SEC, NGX Group Hail ISA 2025 As Catalyst For Stronger Capital Market

The Securities and Exchange Commission (SEC) and the Nigerian Exchange Group (NGX Group) have affirmed that the newly enacted Investments and Securities Act (ISA) 2025, signed into law by President Bola Tinubu, will play a pivotal role in driving Nigeria’s.....
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FirstBank Elephant Girls Arrive In Cairo For Africa League Finals
December 6, 2025 No Responses

FirstBank Elephant Girls Arrive In Cairo For Africa League Finals

The FirstBank Elephant Girls have arrived in Cairo with one mission — to make history as they compete in the Women’s Basketball League Africa Finals. The team touched down in the Egyptian capital focused, energised, and fully prepared to take...
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NGX Inducts 115 Dealing Clerks
December 5, 2025 No Responses

NGX Inducts 115 Dealing Clerks

Nigerian Exchange Limited (NGX) has inducted 115 newly qualified Authorised Dealing Clerks, marking one of its largest cohorts in recent years and underscoring the Exchange’s efforts to strengthen professionalism across the capital market.The inductees, draw...
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CBN Hosts 35th IILM Governing Board Meeting
December 4, 2025 No Responses

CBN Hosts 35th IILM Governing Board Meeting

The Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, hosted the 35th Governing Board Meeting of the International Islamic Liquidity Management Corporation (IILM) for the first time in Nigeria at the CBN Headquarters, Abuja.The meeting aligns wit...
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