Seplat Energy Plc, a leading Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa for 2024. The Company was announced as winner of the award at the 18th edition of the SERAS Africa held at the Oriental […]
Category: Capital Market
Capital Market
NGX Group, SEC Deepen Global Partnerships Through Strategic Visit to India
Nigerian Exchange Group (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) Nigeria, has taken a significant step toward enhancing global partnerships within the Nigerian capital market. This was achieved through high-level engagements with the National Stock Exchange (NSE) of India and key players in India’s financial ecosystem. […]
NAHCO targets group revenue of N300bn by 2029
The Nigerian Aviation Handling Company (NAHCO) Plc is targeting a total group revenue of N300 billion within the next five years. Dr Sola Obabori, the Group Executive Director, International Business & Corporate Services of NAHCO, stated this at the company’s bell ringing and Facts Behind the Figures’ at the Nigerian […]
Vibrant Capital Market Key to $1trn Economy- Agama
The Securities and Exchange Commission (SEC) has stressed the need for a vibrant capital market in achieving the Federal Government’s $1 trillion economy target. The Director-General of SEC, Dr Emomotimi Agama, said this at the 2024 SEC Journalists Academy held in Lagos, Tuesday. Agama spoke on the theme: “The Role […]
Nigerian Breweries Secures SEC Approval For 20.7bn Share Allotment After Rights Issue …..Records 91.59% Subscription Rate
Nigerian Breweries Plc has announced that it has received clearance from the Securities and Exchange Commission (SEC) for the allotment of 20,706,894,542 ordinary shares of 50 Kobo each, priced at N26.50 per share, under its recently concluded Rights Issue. According to the statement, the Rights Issue recorded an impressive […]
Seplat Energy Plc Shares Re-Admitted To LSE After MPNU Acquisition
Seplat Energy Plc, Nigerian energy company with listings on both the Nigerian Exchange Limited and the London Stock Exchange (LSE), has announced the re-admission of its shares to trading on the LSE’s main market. This development follows the company’s completion of its acquisition of Mobil Producing Nigeria Unlimited, as […]
NB Plc Appoints Juliet Anammah As Board Chairman
The Board of Directors of Nigerian Breweries Plc has announced the appointment of Juliet Anammah as the substantive chairman. Her appointment becomes effective January 1, 2025. She succeeds Sijbe “Siep” Hiemstra, who has been acting as the board chairman in an interim capacity since the start of the year. […]
Access Holdings To Acquire 100% of South African Bidvest Limited
Access Holdings Plc has announced that its banking. subsidiary, Access Bank Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the acquisition of a 100 per cent equity stake in Bidvest Bank Limited. This was contained in the Group’s notice to the Nigerian Exchange Limited […]
Seplat Energy Completes $800m Acquisition of MPNU
Seplat Energy Plc, Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange has announced that it has completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. This was contained in a notice to the Nigerian Exchange Limited. The transaction is […]
FG Issues Six Sukuk Bonds Worth N1.1trn To Finance 124 Road Projects – SEC
The Securities and Exchange Commission (SEC) has said that the Federal Government of Nigeria has issued six Sovereign Sukuk worth N1.1trn ($657.6m), to finance 124 Federal road projects covering over 5,820 kilometers across the six geopolitical zones of the country. Director General of the SEC, Dr. Emomotimi Agama who […]