Category: Capital Market/Banking

United Capital Explains N11.89b Profit After Tax
August 13, 2025 No Responses

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 increase.  Shareholders’...
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SEC DG, Agama, Emerges AMERC Vice Chair
August 10, 2025 No Responses

SEC DG, Agama, Emerges AMERC Vice Chair

The Director General, Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama has been elected as Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO).By this elect...
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Court Fines Zenith Bank N85m For Freezing Customer’s Account
August 8, 2025 No Responses

Court Fines Zenith Bank N85m For Freezing Customer’s Account

A High Court in Abuja has awarded a fine of N85 million against Zenith Bank Plc for freezing a customer’s bank account by relying on an invalid court order.Justice S. U. Bature, in a judgment, also ordered the bank to...
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Capital Market Investors Gain N1.78 trillion
August 5, 2025 No Responses

Capital Market Investors Gain N1.78 trillion

The Nigerian stock market began the week on a bullish note on Monday, as investors gained N1.78 trillion in a single-day rally.The positive trend followed sustained buying interest in Lasaco Assurance, Royal Exchange, UPDC, UAC of Nigeria, and 43 other...
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SEC DG: West Africa Emerging As Global Hotspot For Virtual Asset Adoption
August 4, 2025 No Responses

SEC DG: West Africa Emerging As Global Hotspot For Virtual Asset Adoption

The Director-General of the Securities and Exchange Commission (SEC Nigeria), Dr. Emomotimi Agama, has said that West Africa, with its vibrant and youthful population, has become a global hotspot for virtual asset adoption.Speaking at the West Africa Complianc...
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ABC Transport Group Records N734m Profit In Q2 2025 Earnings
August 3, 2025 No Responses

ABC Transport Group Records N734m Profit In Q2 2025 Earnings

For the Second Quarter (Q2) of 2025, leading provider of Road Transport services in Nigeria, ABC Transport Plc, has declared a significant turnaround, moving from a loss before tax of ₦56m in 2024, to a profit before tax of ₦734m.According...
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Photo News
July 29, 2025 No Responses

Photo News

L-R: Edward Nelson-Addy – Head Corporate Communications & Brand Management, Access Bank Ghana; Nana Adu Kyeremanteng – Head, Human Resource, Access Bank Ghana; Katherine Ampomah – Head SME Sector – Business Banking, Access Bank, Gha...
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Green Impact Exchange Appoints Oscar Onyema, Four Others Board Members
July 29, 2025 No Responses

Green Impact Exchange Appoints Oscar Onyema, Four Others Board Members

The Green Impact Exchange (GIX) has announced the appointment of five new board members across its parent company and to the board of the Green Impact Exchange. A statement issued on Monday explained that the new members bring extensive experience...
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Dangote Sugar Declares N430.21b Revenue In 2025 Half Year
July 26, 2025 No Responses

Dangote Sugar Declares N430.21b Revenue In 2025 Half Year

Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the six months ended June 30, 2025, which in contrast to N295.62 billion earned in the same period in 2024 represents a 45.53 percent increase. According to financial...
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Popoola, Fasua, Others Seek Unified Action On Capital Formation
July 23, 2025 No Responses

Popoola, Fasua, Others Seek Unified Action On Capital Formation

Market leaders, policymakers, and government representatives have called for unified action to strengthen Nigeria’s capital market and accelerate capital formation as a pathway to national growth.  Speaking at the 2025 Chartered Institute of Stockbroker...
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SEC Nigeria To Introduce USSD Codes For Verifying Operators
July 21, 2025 No Responses

SEC Nigeria To Introduce USSD Codes For Verifying Operators

As part of measures to curb the activities of unregistered investment operators and protecting investors from fraudulent schemes, the Securities and Exchange Commission (SEC) is set to introduce a dedicated Unstructured Supplementary Service Data (USSD) code s...
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Digital Assets Fraud Threatens Market Integrity
July 10, 2025 No Responses

Digital Assets Fraud Threatens Market Integrity

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital assets fraud, warning that it poses a significant challenge to market integrity and undermines investor confiden...
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Shettima Canvasses Support For  Capital Market
July 8, 2025 No Responses

Shettima Canvasses Support For  Capital Market

Vice President Kashim Shettima has solicited the support of the Judiciary to grow the capital market through the delivery of verdicts that are well-reasoned, timely, and technically sound. Vice President Kashim Shettima who stated this at the opening of a...
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Ecobank Nigeria Unveils Agenda To Drive Sustainable Education
July 8, 2025 No Responses

Ecobank Nigeria Unveils Agenda To Drive Sustainable Education

Ecobank Nigeria has announced a comprehensive suite of innovative financial solutions designed to support all key stakeholders within the education ecosystem.  These offerings are aimed at driving financial inclusion, operational efficiency, and sustainab...
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