Capital Market – Page 4 – City Business News

November 26, 2025 No Responses

Elumelu: Now Is Africa’s Moment for Action

Africa must shift from dialogue to decisive action if it intends to unlock its full potential, Chairman of Heirs Holdings and United Bank for Africa (UBA), Tony Elumelu, declared at the African Association of Accountants General (AAAG) Annual Conference in...

November 21, 2025 No Responses

Lafarge Africa Unveils Independence Memorial Obelisk At TBS

Lafarge Africa Plc has announced the successful unveiling of the newly rehabilitated Independence Memorial Obelisk at the historic Tafawa Balewa Square (TBS), Lagos—an iconic national landmark symbolising Nigeria’s freedom and heritage.The rehabilitation p...

November 18, 2025 No Responses

Lagos N200b Bond Oversubscribed By 55 Per Cent

Lagos State has set a new benchmark in Nigeria’s capital market with the successful completion of the bookbuild for its landmark bond issuance, which received an overwhelming response from investors.The state offered a ₦200 billion Conventional Bond and a ...

November 18, 2025 No Responses

Unity Bank MD Tasks Youths On Savings Culture

The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to embrace a savings culture, urging them to see savings as a lifelong discipline for creating stability and financial res...

November 12, 2025 No Responses

Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism

The Nigerian equities market staged a sharp rebound on Wednesday, November 12, 2025, as investors responded positively to reassurances from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, regarding the government’s position o...

November 11, 2025 No Responses

Finance Minister Assures Market Confidence As NGX Lists MREIF

Nigerian Exchange (NGX) on Tuesday hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony to commemorate the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREI...

November 9, 2025 No Responses

PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack

Nigeria’s digital payment landscape reached a groundbreaking milestone on Friday, November 7, 2025, as the first live transaction was successfully completed on the National Payment Stack (NPS) at exactly 11:56 a.m.City Business News reports that the historic...

November 8, 2025 No Responses

Popoola: Gender Equity Key To Strong Governance, Business Resilience

Gender equity is no longer merely a moral cause in corporate Nigeria, it has become central to governance, profitability, and long-term business resilience, according to Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group)...

November 6, 2025 No Responses

Bankit Unveils Advanced Device-Verification System To Boost Digital Banking Security

Bankit, a top-tier Nigerian digital bank and fintech platform championing financial inclusion, has introduced a new device-verification system aimed at enhancing user account security. The feature requires customers to authenticate any new or unrecognized devi...

November 3, 2025 No Responses

Woodhall Capital Targets $50b Global Investments

Woodhall Capital, under the leadership of its founder Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments aimed at accelerating development projects across Nigeria.In an interview, Hunponu-Wusu highlighted the firm’s g...

October 31, 2025 No Responses

NGX Group Declares ₦1.00 Interim Dividend

The Nigerian Exchange Group Plc (NGX Group) has declared an interim dividend of ₦1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025 by its Board...

October 29, 2025 No Responses

Nestlé Nigeria Declared N72.5b Profit In NIne Months

Nestlé Nigeria Plc has released its financial results for the nine months ended September 30, 2025, showing a significant rebound in performance across all key indicators.According to the report, revenue grew by 33% to ₦884.5 billion, up from ₦665.3 billi...

October 27, 2025 No Responses

CSCS, IBM, TCS Partner On Market Infrastructure Upgrade

The Central Securities Clearing System Plc (CSCS) has announced major milestone in its digital transformation drive with the successful upgrade of its core technology platform, executed in partnership with global technology leaders IBM and Tata Consultancy Ser...

October 24, 2025 No Responses

Presco Declares Second Interim Dividend Of N10

For the nine-month ended September 30, 2025,Presco Plc, Nigeria’s leading fully integrated edible oil business, has declared 108.2% year-on-year growth in Profit Before Tax (PBT) to N139.7 billion.Following this record performance, the Board of Directors has...