Capital Market Archives — Page 10 of 62

December 14, 2023 No Responses

NGX All-Share Index Hits 72,000 Mark

The All-Share Index (ASI) of Nigerian Exchange (NGX), on Wednesday, crossed the 72,000 mark, increasing to 72,299.79 points.. The figure represents an increase of 392.53 points, representing a 0.55 percent when compared with 71,907.26 recorded at the previous session. Also,...

December 6, 2023 No Responses

DMO Auctions N360b FGN Bonds

The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first offer is April, 2029...

December 4, 2023 No Responses

At CFA Investment Summit, Experts Project Africa As Next Best FDIs Frontier

With over 400 million young Africans getting ready with the right professions, talents and skills set to be exported into the global workforce, the continent stands the chance of emerging the best destination for Foreign Direct Investments (FDIs) by the...

December 3, 2023 No Responses

SEC Harps On Collaboration To Enhance Economic Growth

The Securities and Exchange Commission (SEC) has called for an active collaboration between the government and market participants to enhance market growth and facilitate economic development. The Director-General of SEC, Mr Lamido Yuguda, made the...

November 4, 2023 No Responses

Unity Bank Records N38.2b Gross Earnings In Q3

Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A...

November 2, 2023 No Responses

NGX All-Share Index Crosses 70,000 Mark

Transactions on the Nigerian Exchange (NGX) closed trading on Wednesday, November 1st, 2023, in the positive territory as the All-Share Index appreciated by 1.94% to cross 70,000 index points.  The equities market gained 1.94% as the market capitalizat...

October 25, 2023 No Responses

NGX, Partners Boost Capital Market Operators Capacity On Single Stock Futures

Nigerian Exchange Limited has held a workshop to inform market stakeholders about NGX’s Single Stock Futures product launch and close the knowledge gap around the asset class as it aims to deepen the Nigerian capital market. Single stock futures (S...

October 24, 2023 No Responses

NDDC To Facilitate Financing For Women Empowerment

The Niger Delta Development Commission (NDDC) is to partner financial institutions as part of measures to assist women access finance to enhance their livelihood. Speaking during a courtesy visit by a delegation from the Union Bank Nigeria at the NDDC...

October 20, 2023 No Responses

Owoturo: Capital Market’ll Help Nigeria Regain Economic Momentum

The Institute of Capital Market Registrars has said that an effective utilisation of Nigeria’s capital market can help the nation to regain its economic momentum. The President and Chairman of the Council of the Institute, Mr Oluseyi Owoturo, said this...

October 4, 2023 No Responses

Ecobank Celebrates Customers, Reiterates Excellent Service Delivery

Ecobank Nigeria has felicitated its customers in commemoration of this year’s Customer Service Week (CSW). The Customer Service Week is an international celebration of the importance of customer service and of the people who serve and support customers daily...

September 29, 2023 No Responses

Presco’s Shareholders Get N8.6b Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...

September 19, 2023 No Responses

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of its intent to acquire the Nigeria Agip Oi...

September 18, 2023 No Responses

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. T...

September 18, 2023 No Responses

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Di...