Exchange Market – Page 2 – City Business News

February 25, 2023 No Responses

Again, Naira Gains At Investors, Exporters Window By N461.17

The Naira on Friday exchanged at N416.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.03 per cent compared with the N461.33 it exchanged on Thursday. The open indicative rate closed at N461.25...

October 27, 2022 No Responses

Q3:GTCO Declares N169.7b Profit

Guaranty Trust Holding Company Plc (GTCO) on Wednesday released its unaudited consolidated and separate financial statements for the period ended Sept. 30, to the Nigerian Exchange Ltd. (NGX) and London Stock Exchange (LSE). The Group reported profit bef...

June 10, 2022 No Responses

NGX Implores Firms On Sustainable Business Practices

Chief Executive Officer of Nigerian Exchange (NGX), Mr Temi Popoola, has called on organisations to adopt sustainable business practices and report sustainability performance to stakeholders. Popoola made this call while speaking at the Digital Closing G...

May 25, 2022 No Responses

NGX Loses N519billion

The negative sentiment continued on the Nigerian Exchange Ltd., (NGX) on Tuesday with the market capitalisation declining further by N519 billion to close at N28.006 trillion against N28.525 trillion on Monday. In the same vein, the All-Share Index lost ...

April 15, 2022 No Responses

FX Repatriation: CBN Releases N3.5b Incentive To Exporters

The Central Bank of Nigeria (CBN) has released N3.5 billion rebate incentive to various exporters who sold goods through the Importers and Exporters Window. The CBN Governor, Mr Godwin Emefiele, made the announcement at the Bankers’ Committe...

March 28, 2022 No Responses

SEC To Partner ABU On Capital Market Development

The Securities and Exchange Commission (SEC) is set to collaborate with Ahmadu Bello University, Zaria in a bid to further deepen the Nigerian capital market. Director-General of the SEC, Mr. Lamido Yuguda stated this when the Vice-Chancellor of ABU Prof ...

February 8, 2022 No Responses

FG Lists $4b Eurobonds On FMDQ Exchange

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform. This is contained in a statement by FMDQ Exchange made available ...

February 4, 2022 No Responses

NGX Lists Key Growth Drivers For 2022

The Nigerian Exchange (NGX) Ltd. has listed five key areas it will pursue to make significant strides in 2022. The Chief Executive Officer, NGX, Mr Temi Popoola, listed the key areas as building on digital transformation, listings and delistings, technol...

January 27, 2022 No Responses

DMO Lists $4b Oversubscribed Eurobond In FMDQ Exchange

Debt Management Office (DMO) has listed its 2021 $4 billion Federal Government of Nigeria (FGN) Eurobonds on the FMDQ Group Securities Exchange. This is in a bid to build investors’ confidence and also secure their investments. The DMO revea...

January 22, 2022 No Responses

FMDQ Exchange Admits Babban Gona N15b Commercial Paper

FMDQ Securities Exchange Limited (FMDQ Exchange), has approved the registration of the Babban Gona Farmer Services Nigeria Limited N15 billion Commercial Paper (CP) Programme on its platform. A statement issued on Friday explained that the approval came ...

January 10, 2022 No Responses

SEC Reiterates Listing Of NNPC, Dangote Refineries, Others

By Moses Ebosele, ebosele@hotmail.com — The Securities and Exchange Commission (SEC ) is to carry out advocacy efforts to relevant Government Agencies such as the Nigerian National Petroleum Corporation (NNPC) and Federal Ministry of Petroleum Resourc...

December 17, 2021 No Responses

SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1

The securities and Exchange Commission is to commence regulatory fee on fixed income (Bonds) secondary market transactions with effect from January 1, 2022. This was contained in a Circular dated December 15, 2021 and signed by the Management of the S...

December 14, 2021 No Responses

Nigeria’s Green Bond Market Exceeds N55b

The value of Nigeria’s green bonds market has grown to N55.52 billion in four years, from 2017 to 2021, Nigerian Exchange (NGX) disclosed on Monday. The Chief Executive Officer, NGX, Mr Temi Popoola, said this during the Sustainable Finance Training...