NGX – City Business News

September 3, 2025 No Responses

CSCS Hosts Webinar On Nigeria’s Transition To T+2 Settlement Cycle

Central Securities Clearing System Plc, (CSCS) has concluded plans to host a significant webinar titled “Advancing Market Efficiency through T+2 Settlement” as part of industry-wide engagement ahead of Nigeria’s transition to the T+2 Settlement cycle.The webinar is scheduled to go...

August 1, 2025 No Responses

Photo News

L – R: Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka; Member of German Federal Parliament, Mr. Armand Zorn; Group Managing Director/CEO, Nigerian Exchange Group (NGX Group), Mr. Temi Popoola and German Consul General to Lagos, M...

June 22, 2025 No Responses

NGX, IFC Harp On Sustainable Finance Drive With Labelled Bond Workshop

Nigerian Exchange Limited (NGX), subsidiary of Nigerian Exchange Group, and the International Finance Corporation (IFC), a member of the World Bank Group, have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, su...

June 11, 2025 No Responses

SEC To Firms: Honour Unclaimed Dividend Requests

The Securities and Exchange Commission (SEC) has directed all public companies and Registrars to stop treating unclaimed dividends older than 12 years as “statute-barred”, especially those from before the enactment of the Finance Act 2020.The directive rea...

June 6, 2025 No Responses

Oando Attains N220b Profit In 2024

Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted robust Audited Full Year (FY) 2024 financial results with a 44% increase in revenue to N4.1trillion compared ...

May 25, 2025 No Responses

Listed Firms Declare N1.1trillion Dividend In 2024

The Securities and Exchange Comission (SEC) has said that listed companies declared dividends totaling N1.1trillion to shareholders in 2024.The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the first quarter Capital Market Committee (CMC) meet...

April 28, 2025 No Responses

GTCO Shareholders Okay N8.03 Per Share Dividend

For the financial year ended December 31, 2024, Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share.This decision was taken at the company’s fourth annual general meeting, held virtua...

March 29, 2025 No Responses

GTCO Declares N1.2tri For 2024

For the 2024 financial year, GTCO Plc declared N1.266 trillion, profit before tax, up from N609.3 billion a year earlier. The Group, in its audited financial statement released on the Nigerian Exchange Limited on Friday, also disclosed a profit after...

March 27, 2025 No Responses

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...

March 6, 2025 No Responses

United Capital Investors Get N2.40K Total Dividend For 2024

For the year 2024, United Capital Plc (UCAP) attained Profit After Tax (PAT) of N24.10billion, compared to N11.42 billion recorded in 2023, representing 111.03 per cent increase.Building on a decade of consistent dividend payments, United Capital achieved a si...

March 3, 2025 No Responses

Uzoka-Anite Canvasses More Women Participation In Capital Market

As the world marks International Women’s Day, Nigerian women have been encouraged to explore investment opportunities in the capital market as a pathway to wealth creation.The Minister of State for Finance, Dr. Doris Uzoka-Anite, made this call during the of...

February 26, 2025 No Responses

NGX Group, CSCS To Host 2025 International Women’s Day Celebration

Nigerian Exchange Group (NGX Group) and Central Securities Clearing System (CSCS) will host a special event on Friday, 7 March 2025, 11:45 AM WAT, at NGX Group House, Lagos, to celebrate International Women’s Day (IWD) 2025, with the theme “Acceler...

February 23, 2025 No Responses

Tinubu Backs Fintech Firms As Flutterwave Seeks Listing On NGX

President Bola Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans He said this when he received the leadership of Flutterwave and Alami Capital in Ab...

January 30, 2025 No Responses

EFCC, NGX RegCo To Strengthen Partnership

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nig...