Ellah Lakes Plc, Nigeria’s pioneering integrated agro-industrial company, on Monday unveiled its ₦235 billion Offer for Subscription as part of its next phase of strategic growth and capital expansion. The company unveiled the offer during its comprehensive “Facts Behind the Offer” presentation at the Nigerian Exchange Limited (NGX). The […]
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FMDQ Group celebrates market excellence at 8th Annual GOLD Awards
The FMDQ Group Plc has commemorated the 8th edition of its prestigious GOLD Awards, continuing its long-standing tradition of celebrating excellence in the Nigerian financial. The FMDQ GOLD Awards are designed to acknowledge, on an annual basis, market participants instrumental in fostering the growth and development of FMDQ’s markets. The […]
Ellah Lakes to expand agro-industrial footprint with acquisition, N235bn offer
Ellah Lakes Plc., Nigeria’s pioneer integrated agro-industrial company, has expressed optimism that its acquisition of 100 per cent shareholding of Agro-Allied Resources & Processing Nigeria Ltd. (ARPN) will strengthen its footprint in the agro-industrial sector. The Deputy Managing Director of Ellah Lakes Plc., Mr Paul Farrer, expressed the hope […]
Ecobank, Proparco Sign €10m Trade Finance Guarantee to Boost African SMEs
The Ecobank Group and Proparco, the private sector arm of the French Development Agency (AFD Group), have signed a €10m trade finance guarantee facility to support small and medium-sized enterprises (SMEs) in Africa. The agreement, signed on the sidelines of the Africa Financial Industry Summit (AFIS) 2025, marks […]
Shettima, Economic Stakeholders Urge Africa to Leverage Islamic Finance for Inclusive, Sustainable Development
Vice President Kashim Shettima and other economic Stakeholders have called on African nations to deepen the adoption of Islamic finance as a tool for inclusive and sustainable economic transformation across the continent. Represented by Dr. Tope Fasua, Special Adviser to the President on Economic Matters, Shettima made the […]
Owoturo tasks registrars on innovation, trust to boost capital market
The outgoing President and Chairman of Council of the Institute of Capital Market Registrars (ICMR), Mr Oluseyi Owoturo, has tasked registrars on innovation and efficiency in service delivery to strengthen trust and deepen investors participation in Nigeria’s capital market. He said this at the 14th Annual Conference and Presidential […]
Experts harp on transportation infrastructure framework at ISAN conference
Experts at the 8th Triennial Conference of the Independent Shareholders Association of Nigeria (ISAN) in Lagos have stressed the urgent need for the government to implement a comprehensive policy framework aimed at accelerating the development of transportation infrastructure across the country. They emphasised that such an initiative is crucial […]
Wema Bank Raises ₦50bn, Exceeds Capital Requirement
Wema Bank Plc has announced that it has received all requisite regulatory approvals for its ₦50bn Private Placement capital raise. This is in addition to the earlier ₦150bn Rights Issue that was completed in September 2025. The Bank now has a total of ₦264.87bn in qualifying capital, above the minimum […]
Nigeria’s $1trn economy takes centre stage at ISAN’s triennial conference
The Independent Shareholders Association of Nigeria (ISAN) has concluded arrangements for its eighth Triennial Delegates Conference on Oct. 30, 2025. The conference with the theme: “Nigeria, Towards $1 Trillion Economy by 2030,” will be chaired by the Minister of Finance and Coordinating Minister of Economy, Mr Wale Edun, as […]
SEC Moves to T+2 settlement cycle to Boost Market Efficiency, Investor Confidence
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that Nigeria’s transition to a T+2 settlement cycle in the capital market will significantly enhance market efficiency, reduce risks, and strengthen investor confidence. Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” […]