DMO Offers N2.5trillion FGN Bonds For Subscription

DMO Offers N2.5trillion FGN Bonds For Subscription

The Debt Management Office has offered two Federal Government of Nigeria bonds valued at N2.5 trillion for subscription at N1,000 per unit. The first offer is a seven-year bond valued at N1.25 trillion and expected to mature in February 2031....
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Segun Awolowo Mourns Ogunbanjo

Segun Awolowo Mourns Ogunbanjo

It is with a heavy heart  that I write these words to bid farewell to my dear brother,  Abimbola Ogunbanjo who met his untimely demise on Saturday 10th February, 2024.The news of his sudden departure has left me shattered, unable...
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Senate Reiterates Commitment To Capital Market-Driven Reforms

Senate Reiterates Commitment To Capital Market-Driven Reforms

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At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign...
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Dangote Cement Hits N10tri Market Capitalisation, Otedola Explains Interest

Dangote Cement Hits N10tri Market Capitalisation, Otedola Explains Interest

Foremost cement manufacturing firm, Dangote Cement Plc hit a milestone as a N10 trillion company on Monday at the Nigerian Exchange, the first company to attain such a valuation.  Meanwhile, Business Man,  Mr. Femi Otedola also on Monday confirm...
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UBA Wins Global Finance Best SME Bank For 2023

UBA Wins Global Finance Best SME Bank For 2023

United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstandin...
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CBN To Hold First MPC Meeting Under Cardoso

CBN To Hold First MPC Meeting Under Cardoso

The Central Bank of Nigeria (CBN) is to hold its first Monetary Policy Committee meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session...
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Union Bank Pledges Seamless Service As New Management Resumes

Union Bank Pledges Seamless Service As New Management Resumes

Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following the recent appointment of its new Managing Director/Chief Executive Officer, Yetunde Oni, by the Central Bank...
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Investors Gain N874b As Indices Increase By 1.92%

Investors Gain N874b As Indices Increase By 1.92%

The Nigerian Exchange Ltd., (NGX) on Monday traded on a positive note, as the All-Share Index rose strongly by 1.92 per cent or 1,597.93 points. Specifically, the All-Share Index settled at 84,640.89, as against 83,042.96 achieved on Friday. Also, investors...
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NGX Extends Gain By N244b

NGX Extends Gain By N244b

Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against....
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NGX All-Share Index Drops By 1.4%, Investors Lose N638b

NGX All-Share Index Drops By 1.4%, Investors Lose N638b

The Nigerian Exchange closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against...
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NGX All-Share Index Crosses 80,000 Benchmark

NGX All-Share Index Crosses 80,000 Benchmark

The Nigerian Exchange Ltd (NGX) All-Share Index on Monday crossed significant 80,000 basis points to settle at 80,324.53 benchmark by earning 0.83 per cent or 660 points, as against 79,664.66 recorded on Friday. Consequently, the equity market capitalisation c...
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NGX, PenCom To Deepen PFAs Equity Participation With Pension Broad Index

NGX, PenCom To Deepen PFAs Equity Participation With Pension Broad Index

Nigerian Exchange Limited in collaboration with the National Pension Commission (PenCom) launched the NGX Pension Broad Index (NGXPENBRD) on 15 June 2023, which provides a broader benchmark for equities investment by the pension industry.  The NGX Pension...
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ICAN Mourns Ex-President, Ijewere

ICAN Mourns Ex-President, Ijewere

The Institute of Chartered Accountants of Nigeria (ICAN) has announced the passing away of its former president, Mr. Emmanuel Itoya Ijewere. Ijewere, who was the 32nd President of ICAN, passed on Friday morning at 78 years. The 59th President of...
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